procurEngine

procurEngine is an e-Negotiation platform developed by AgileApt Solutions Pvt Ltd. According to the vendor, it aims to facilitate global customers and vendors in exchanging information and finalizing B2B contracts in a transparent manner, potentially resulting in time, cost, and money savings. This platform is intended for small, medium, and large enterprises across various industries, including procurement, supply chain, logistics, manufacturing, and retail.

Key Features

Exhaustive DOA/SOA Provisions: According to the vendor, procurEngine offers provisions for Delegation of Authority (DOA) and Statement of Authority (SOA) in the approval workflow. It allows for parallel or sequential approval processes and auto-generates email notifications to relevant stakeholders, providing visibility into the approval stage.

Supplier Lifecycle Management: procurEngine enables the digital onboarding of suppliers and facilitates the creation and maintenance of updated supplier records. The vendor states that it is an action-oriented platform that offers options for purchase order (PO) acceptance and supplier performance management.

Value-added Services: According to the vendor, procurEngine offers functional and strategic support to clients, potentially creating value for their businesses by multiplying adoption rates across different business units.

Simplest yet powerful procurement solution: procurEngine is positioned as a simple yet powerful procurement solution. The vendor claims it offers a solution selector tool created by industry experts to identify the best fit for specific client needs.

Quick RFx and eAuction: procurEngine enables fast and comprehensive digital negotiations through RFx (Request for Proposal, Request for Quotation, Request for Information) and eAuctions. The vendor states that it supports dynamic counter offers and ensures compliance with audit requirements.

Note for Approval - eNFA: According to the vendor, procurEngine provides provisions for Delegation of Authority (DOA) and Statement of Authority (SOA) in the approval workflow. It allows for parallel or sequential approval processes, auto-generates email notifications, and offers visibility into the approval stage.

Supplier Lifecycle Management: procurEngine enables the digital onboarding of suppliers and facilitates the creation and maintenance of updated supplier records. The vendor claims it is an action-oriented platform that offers options for purchase order (PO) acceptance and supplier performance management.

Value-added Services: According to the vendor, procurEngine offers functional and strategic support to clients, potentially helping create value for their businesses by multiplying adoption rates across different business units.