Request for Quotation
Request for Quotation (RFQ) or Sealed Bid is an electronic tool, used by the buyers to receive quotes for the specific goods or service in very short period of time. RFQ is usually used for the initial price discovery and followed by the Auction to get the best market price.
e-Procurement
Our e-Procurement suit helps you to automate your procurement process completely, which helps you in saving time, ensures better prices, reduced paperwork, enhances transparency and higher procurement process efficiency. Our e-Procurement solution is simple to use and easy to integrate with your ERP system to deliver better result.
Reverse Auction
An online Negotiation tool involving multiple parameters, usually undertaken as the last leg of the Sourcing/ Tendering process , which helps the buyer in saving time, ensures better prices, reduced paperwork, enhances transparency, increases market efficiency, higher procurement process efficiency, and at the same time, provides the Suppliers/ Vendors on the status of their respective competitiveness.
Supplier Management
In today’s global economy there are so many factors to consider when choosing and managing a supplier, that it can quickly become overwhelming. With our supplier management solution, you can automate, simplify the supplier management process, can make it fast, easy and can take informed decisions about your suppliers to strengthen the relationship with the suppliers.
Top 10 reasons to choose Procure247 as your Auction Partner.
- 100+ years of Domain Experience
- Formulation of e-Sourcing Strategy
- Completely Automated Processes
- Bidder Training & Run-time Query Resolution
- Information Security Guaranteed
- Best in Class Product
- Value Proposition Analysis
- Secured, Flexible and Compliant to International Standards
- Robust & Flexible configuration of Bidding Rules
- Lower Cost of Ownership
Different Type of Sourcing Events
Role based access
Masking of bidder identity
PKI for encryption & decryption
Use of Digital Signature
Highly Flexible
Supports Complex Business Rule
Different Auction Variants
Auto Bid
Decision Support
Integration Payment Management Solution
Easy to integrate with ERP
Audit trails
Multi Currency Bidding
Customized MIS
Dynamic Form Engine
Helping Clients and Partners to create Success Stories. We would like to create a Success Story for you as well.
Tell us your requirement(s) and we will get back to you as soon as we can. Thank you!