Overview
What is VENDX?
VENDX is a software solution designed to bring transparency across procurement functions, and make the negotiation and control aspects of the purchase process more comfortable and thorough. It integrates with existing software environments, and the vendor boasts users can be…
Pricing
Entry-level set up fee?
- Setup fee required
Offerings
- Free Trial
- Free/Freemium Version
- Premium Consulting/Integration Services
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Product Details
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- Integrations
- Competitors
- Tech Details
What is VENDX?
VENDX facilitates
WFH (work from home) environment
Real-time connection to suppliers across the world
Digitization of all documents and communications
24*7*365 - Transactions and approval of decisions from any part of the world, on mobile.
As described by the vendor, the key benefits of using VENDX are:
Optimum Decisions
Real-time Sourcing
Convenience
Adherence to Compliance
Effortless Audit
The vendor offers a free trial of VENDX.
Reach @ sales@mavenvista.com
MavenVista Technologies Pvt Ltd
www.mavenvista.com
VENDX Features
- Supported: Spend Management
- Supported: Automation of Procurement Process
- Supported: Audit
- Supported: Delivery Tracking
- Supported: Compliance
- Supported: Transparency in Purchase Process
VENDX Videos
VENDX Integrations
- SAP ERP, ECC
- SAP HANA Cloud
- Oracle Fusion Cloud ERP
- Microsoft Dynamics 365 (formerly Microsoft Dynamics CRM)
VENDX Competitors
VENDX Technical Details
Deployment Types | Software as a Service (SaaS), Cloud, or Web-Based |
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Operating Systems | Unspecified |
Mobile Application | Apple iOS, Android |
Supported Countries | All |
Supported Languages | All |
VENDX Customer Size Distribution
Consumers | 0% |
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Small Businesses (1-50 employees) | 0% |
Mid-Size Companies (51-500 employees) | 50% |
Enterprises (more than 500 employees) | 50% |
Comparisons
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Reviews
Community Insights
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- Pros
- Cons
Users of Vendx have reported that the automation and digitization process provided by the platform has greatly reduced their manual work and turnaround time. This has been particularly beneficial for procurement teams who previously spent significant time processing transactions manually. In addition to saving time, customers have had a very positive experience with the product, finding it to be user-friendly and intuitive. The platform has been trusted and used for e-buying for over 5 years, providing a competitive and transparent way to save on procurement costs. Users have also praised the stability of the application, noting that it shows no signs of discomfort even with increasing procurement load.
Another key use case of Vendx is its support capabilities. Users have found that the M/s.Mavenvista team provides excellent support in explaining concepts to vendors and addressing bidding issues. Customers appreciate the ease of approaching the customer support team, finding them helpful in negotiations. The overall quality, ease of use, features, and value for money have also been consistently praised by users. Furthermore, customers have consistently received excellent customer service from Vend-X, leading to high levels of satisfaction. One of the most important aspects of Vendx is its ability to save time in transaction processes, allowing users to focus on other important tasks without compromising efficiency or accuracy.
Clarity and Transparency: Users have consistently praised the software for providing 100% clarity to the procurement process, supplier's quotations, and their trail. This has helped users keep track of their work and pending purchase requests.
User-Friendly Interface: Many reviewers have commended the software for its user-friendly interface, which makes it easy to navigate and utilize multiple auction strategies for maximum savings in auctions. The seamless and intuitive user experience offered by the software is highly appreciated.
Integration with SAP: A significant number of users have highlighted the positive aspect of integrating Vendx with SAP. This integration provides transparency, speed, and consistency in the procurement process.
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Report Mechanism Improvement Needed: Some users have expressed the need for improvements in the report mechanism, stating that certain changes are required in certain templates. They feel that the current system can be enhanced to provide more efficient and user-friendly reporting features.
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Difficulty Customizing Activity Template and Integration: Several users have mentioned experiencing difficulty in customizing the activity template related to services procurement. They have requested an option to raise a single request for quotation for multiple plant locations, as well as integration capabilities for creating purchase orders across multiple plants through a single system. These enhancements would streamline their workflow and improve efficiency.
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Challenges with Handling Technology Package Items: Users have found it difficult to handle technology package items specifically related to boilers and nitrogen plants within the software. They require better support or guidance in managing these specific components effectively.