Name: e-Procurement software
Author: Sysbiz Technologies

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The e-Procurement software, developed by Sysbiz Technologies Pvt. Ltd., is a solution designed to streamline and digitize the procurement process for government organizations in the agriculture sector. According to the vendor, this software caters to the needs of government agencies, suppliers, vendors, bidders, and distributors in the agriculture industry, providing them with tools for managing procurement transactions and communication.

## Key Features

**e-Tendering**: According to the vendor, this software enables the management of tendering processes electronically, facilitating bid submission and evaluation. It provides a platform for communication between the government and suppliers during the tendering process, aiming to ensure transparency and traceability.

**e-Auctions**: This feature allows suppliers to submit real-time bids electronically, enabling the government to evaluate and select the most suitable bid. According to the vendor, it aims to increase competition and potentially lower prices for goods and services.

**e-Payment**: The software facilitates electronic payment between the government and suppliers, supporting various payment methods such as online banking and digital wallets. According to the vendor, it aims to ensure secure and timely payments, reducing the need for manual processing and paperwork.

**Contract Management**: According to the vendor, this feature allows for the electronic management of contracts throughout their lifecycle, tracking terms, milestones, and deliverables. It provides alerts and notifications for contract renewals or terminations, aiming to enable efficient negotiation and amendment processes.

**Catalogue Management**: This feature enables the electronic storage and management of supplier catalogs, providing easy access to product information, specifications, and pricing. According to the vendor, it aims to streamline the procurement process by eliminating the need for manual catalog management and facilitating product comparison and selection from different suppliers.

**Supplier Performance Tracking**: According to the vendor, this feature tracks and evaluates the performance of suppliers, monitoring key performance indicators (KPIs) such as delivery timeliness and quality of goods/services. It aims to provide insights for supplier evaluation and selection, supporting data-driven decision making for procurement processes.

**Transaction History**: This feature maintains a comprehensive record of all procurement transactions, storing information about past purchases, bids, and contracts. According to the vendor, it enables easy retrieval and reference of historical data, supporting analysis and reporting for procurement performance evaluation.

**Secure Access Control**: According to the vendor, this feature implements access control measures to protect sensitive procurement data. It assigns different levels of access to users based on their roles and responsibilities, aiming to ensure data confidentiality and integrity while preventing unauthorized access and data breaches.

**Standardized Templates**: According to the vendor, this feature provides pre-defined templates for procurement documents such as RFQs and purchase orders. It aims to ensure consistency and standardization in procurement processes, saving time and effort in document creation, and facilitating collaboration and communication between the government and suppliers.

**Real-time Information**: This feature provides up-to-date information on prices, product availability, and supplier details. According to the vendor, it aims to enable informed decision making based on the latest market information, supporting negotiation and obtaining competitive pricing while reducing the risk of outdated or inaccurate information in procurement processes.

SAP S/4HANA Cloud

Periscope Source (formerly BidSync) is a suite of e-procurement software now owned and supported by Periscope Holdings in Austin, Texas since the December 2014 acquisition.

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periscope S2G

e-Procurement software

Procurement software automates the process of purchasing materials and replenishing inventory. Central to it is electronic purchase ordering and approvals, as well as invoicing and bill payment. The software includes vendor management for competitive pricing and service and vendor follow-ups. Procurement is an essential component of supply chain management and may be available via supply chain management suites.

Procurement

Sysbiz Technologies

TrustRadius is a technology and business research firm based in Austin, Texas. The company is known as a review platform for verified B2B technology and software reviews through a proprietary algorithm and human verification.

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Procurement Software

e-Procurement software

Overview

What is e-Procurement software?