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COBuy

COBuy

Overview

What is COBuy?

COBuy Software is a supplier relationship management (SRM) solution aimed at optimizing purchasing performance and streamlining supplier relationships. It caters to large SMEs and intermediate-sized enterprises (ETIs) with a focus on both direct and indirect procurement, particularly in the production...

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Pricing

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Entry-level set up fee?

  • No setup fee

Offerings

  • Free Trial
  • Free/Freemium Version
  • Premium Consulting/Integration Services

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Alternatives Pricing

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What is Acquirell?

Acquirell is a SaaS procurement technology suite solution tailored to SMBs. Acquirell enables businesses to save the time of their procurement teams by eliminating manual workflow and automating the procurement process. The E-Sourcing module of Acquirell enables the companies to attain more savings…

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Product Details

What is COBuy?

COBuy Software is a supplier relationship management (SRM) solution aimed at optimizing purchasing performance and streamlining supplier relationships. It caters to large SMEs and intermediate-sized enterprises (ETIs) with a focus on both direct and indirect procurement, particularly in the production purchasing market. Professionals in procurement, supply chain management, purchasing, operations, and manufacturing can benefit from the comprehensive features offered by COBuy Software.

Key Features

Automated Workflow: COBuy Software offers automated workflow capabilities to streamline and optimize procurement processes. It automates repetitive and low-value tasks, saving time and improving productivity for procurement teams.

Centralized Data: The solution provides a centralized data repository, enabling users to access a comprehensive view of supplier information. This centralized data facilitates enhanced analysis and better decision-making for optimizing supplier panels and associated costs.

Collaborative Platform: COBuy Software includes a collaborative platform that promotes harmonization within procurement teams and facilitates smooth internal and external supplier relationships. It enables effective communication, document sharing, and collaboration among stakeholders.

Risk and Quality Management: The software automates the management of exchanges and deadlines, providing better tracking and visibility into supplier-related activities. It also allows users to monitor supplier quality evolution, enabling proactive risk prevention.

Modular Architecture: COBuy Software offers a modular architecture, allowing users to choose and customize functionalities based on their specific needs. This flexibility empowers businesses to tailor the solution to their unique requirements.

Supplier Performance Monitoring: The solution enables businesses to effectively monitor and evaluate supplier performance. It provides tools and metrics for assessing supplier performance, identifying areas for improvement, and driving supplier development.

Sourcing and Procurement Optimization: COBuy Software supports sourcing and procurement optimization by offering tools for strategic sourcing, supplier evaluation, and negotiation. It helps businesses identify cost-saving opportunities, negotiate favorable terms, and optimize procurement outcomes.

Integration Capabilities: The software seamlessly integrates with other software systems, enabling smooth data exchange and integration with existing IT infrastructure. This integration ensures consistent workflows and data integrity across different systems.

Real-time Analytics: COBuy Software provides real-time analytics capabilities, delivering actionable insights into procurement performance, supplier relationships, and cost optimization. It empowers users to make data-driven decisions and drive continuous improvement.

Supplier Collaboration: The solution facilitates collaboration between businesses and suppliers, fostering stronger relationships and improving supplier performance. It enables efficient communication, collaboration on projects, and the sharing of information and documents.

COBuy Features

  • Supported: Alerts/Notifications
  • Supported: Audit Trail
  • Supported: Complaint Management
  • Supported: Compliance Management
  • Supported: Corrective and Preventive Actions (CAPA)
  • Supported: Defect Tracking
  • Supported: Document Management
  • Supported: Supplier Management
  • Supported: Supplier Quality Control
  • Supported: Workflow Management
  • Supported: Cataloging/Categorization
  • Supported: Contract/License Management
  • Supported: Requisition Management
  • Supported: Sourcing Management
  • Supported: Budget Management
  • Supported: Collaboration Tools
  • Supported: Risk Assessment
  • Supported: Supplier Qualification
  • Supported: Supplier Risk Management
  • Supported: Supplier Web Portal

COBuy Technical Details

Deployment TypesSoftware as a Service (SaaS), Cloud, or Web-Based
Operating SystemsWeb-Based
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