EaseProcure

EaseProcure, developed by Lynkersoft, is a Source-to-Pay software aimed at streamlining procurement processes across a wide range of industries. According to the vendor, this solution caters to the needs of procurement professionals, supply chain managers, purchasing managers, operations managers, and finance professionals.

Key Features

Rfx & Auction Capabilities: According to the vendor, EaseProcure allows users to conduct RFQs, Reverse and Forward Auctions powered by email collaborations with dedicated suppliers. The software streamlines the process of requesting and receiving quotes from suppliers through RFQs. Users can also conduct reverse auctions to drive competition and secure the best prices from suppliers, as well as enable forward auctions to sell excess inventory or assets to the highest bidder.

Automated Negotiations: The vendor claims that EaseProcure provides automated negotiation capabilities that streamline purchase processes and ensure timely completion. Users can set predefined negotiation rules and parameters to guide the automated negotiation process, reducing manual effort and saving time. The software aims to improve efficiency and accuracy in negotiating terms and conditions with suppliers.

Indice Mapping: According to the vendor, EaseProcure allows users to map purchases with historical trends and market indices to make informed buying decisions. The software enables users to analyze market data and trends to determine the right time and price to make purchases. Leveraging market indices, users can negotiate favorable pricing with suppliers and optimize procurement strategies by aligning purchases with market conditions.

Integrated Functionalities: The vendor states that EaseProcure seamlessly integrates with third-party applications in the Tasksay suite to avoid data duplication. This integration capability aims to enhance efficiency and productivity. The software streamlines workflows by connecting different modules and systems within the procurement process, ensuring data accuracy and consistency across various platforms and applications.

Stakeholder Engagement: According to the vendor, EaseProcure facilitates direct engagement with suppliers to ensure process transparency and seamless interaction. Users can collaborate with suppliers throughout the procurement process to address concerns or issues. The software aims to foster strong relationships with suppliers through effective communication and engagement, enabling real-time collaboration and feedback exchange between stakeholders.

Vendor Discovery: EaseProcure offers a feature called Industrily that allows users to discover new vendors and expand their supplier base. Users can access a database of potential vendors to explore new sourcing options. The software enables users to export vendor information directly into the EaseProcure system for easy supplier management, potentially increasing competition among vendors and securing better pricing and quality.

Contract Management: According to the vendor, EaseProcure provides comprehensive contract management capabilities. Users can manage the entire contract lifecycle, from creation to collaboration and dispute resolution. The software allows collaboration with suppliers on contract terms, conditions, and amendments. Users can track contract performance and compliance to ensure adherence to agreed-upon terms, streamlining contract management processes and reducing manual effort.

Purchase Order Generation: EaseProcure offers system-based purchase order templates that aim to streamline the procurement process. Users can customize purchase order templates to meet specific requirements and preferences. The software enables users to manage the lifecycle of purchase orders, from creation to approval and fulfillment, minimizing manual efforts and errors in generating and managing purchase orders.

Custom Rights Delegation: According to the vendor, EaseProcure allows users to manage department and branch-specific visibility among users through permissions. This feature aims to control access to sensitive data and protect enterprise information effectively. Users can assign different levels of authority and permissions based on user roles and responsibilities, ensuring data security and confidentiality by granting access rights only to authorized personnel.

Purchase Requisition Management: EaseProcure aims to streamline the process of creating, reviewing, and approving purchase requisitions, reducing turnaround time in the fulfillment cycles of purchase requisitions. The software provides automated purchase requisition workflows to improve efficiency and eliminate manual bottlenecks. Users can enhance visibility and control over the procurement process through effective requisition management.