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Benefits
Reduce Procurement Cycle Time
Cut processing time by up to 60% through automated workflows and streamlined approvals
Improve Cost Savings
Achieve 15-25% cost reduction through better vendor management and spend analytics
Enhance Compliance
Maintain 100% policy compliance with automated checks and audit trails
Process Flow
01
Vendor Registration & Approval
New vendors register and undergo approval process
02
RFQ Creation & Distribution
Create and send RFQs to approve vendors
03
Quote Evaluation
Receive and compare vendor quotations
04
Purchase Order Management
Generate and process purchase orders
05
Delivery & Receipt
Track deliveries and process receipts
06
Payment Processing
Handles invoices and process payments
Features
1
Streamlined Vendor Onboarding
Digital vendor registration and qualification process with automated approvals
4
Architecture
Microservices-ready architecture
Containerized deployment
Enterprise-grade security
2
Automated RFQ and PO Processes
End-to-end procurement cycle management with real-time tracking
5
Compliance
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GDPR Ready
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SOC 2 Compliant
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ISO 27001 Certified
3
Real-time Analytics
Comprehensive dashboards and reports for informed decision-making
6
Security
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Role-based access control
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End-to-end encryption
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Multi-factor authentication
Explore our other suite of Products
Everything you need for your lending business!
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