Name: PRM360
Author: ACADS360 Pvt Ltd

Customer Engagement

Help Desk

Web and Video Conferencing

Customer Support

Functional Testing

Development

Business Intelligence (BI)

Collaboration

Contract Analysis

Enterprise Search

Enterprise

Accounting

CTRM

Financial Research

Financial Risk Management

Finance and Accounting

Applicant Tracking

Compensation Management

Corporate Learning Management

HR Management

On-Demand Payment

Payroll

Resume Parsing

Talent Intelligence

Talent Management

Workforce Analytics

Workforce Management

Human Resources

3D Printers

3D Printing

API Design

Cloud Migration

Cloud Storage

Component Content Management

Configuration Management

Data Pipeline

Database DevOps

DevOps

Disk Cloning

Fraud Detection

Integration Platform as a Service (iPaaS)

Interoperability

M2M Application Development

Managed Public Cloud Infrastructure

Network Performance Monitoring

Product Implementation Services

Relational Database Management Systems

SaaS Backup

Information Technology

A/B Testing

Ad Serving & Retargeting

All-in-One Marketing

Content Management

Content Marketing

Data Management

Digital Experience Platforms (DXP)

Email Marketing

Location Intelligence

Marketing Attribution

Marketing Automation

Referral Marketing

Search Marketing Intelligence

Social Media Management

Social Media Publishing

Survey & Forms Building

Web Analytics

Marketing

Project Management

Professional Services

Customer Relationship Management (CRM)

Intelligent Virtual Assistant

Sales Enablement

Sales Training

Sales

Data Loss Prevention

Security

Awards Management

Construction Accounting

Construction Takeoff and Estimating

Digital Forensics

Fleet Management

Hospital Management

Insurance Agency Management

Veterinary

Vertical-Specific

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### Spend Analysis and Savings
Users consistently highlight PRM360's spend analysis and savings functionalities as key strengths of the platform. The tool's ability to provide detailed insights on spending patterns and identify saving opportunities has garnered positive feedback from users. Many users appreciate the transparency and efficiency that PRM360 brings to their cost management processes, allowing them to make informed decisions and optimize their procurement strategies. The savings tracker and customizable features have been particularly praised for their contribution to achieving cost savings and enhancing overall financial performance.

### Reporting and Analytics
Users consistently laud PRM360 for its robust reporting and analytics features, emphasizing the platform's ability to deliver accurate data, real-time insights, and customizable dashboards. While some reviewers suggest improvements in the visual appeal of the dashboards, the overall sentiment leans towards the effectiveness and user-friendliness of PRM360's reporting and analytics tools. The software's AI analytics integration, detailed reports, and timely alerts receive positive feedback, indicating that users find value in the comprehensive analytical data provided by PRM360. Additionally, the platform's ability to generate pre and post-reports transparently is highlighted as a key benefit by users. Recommendations point towards leveraging digital analytics insights to enhance decision-making processes, underscoring the importance of PRM360's reporting and analytics functionalities in driving smarter business decisions.

### Transparency and Visibility
Users consistently praise PRM360 for its exceptional transparency and visibility features. The platform's ability to provide clear insights into spending, payment status, and overall financial health has been widely appreciated. Reviewers highlight how PRM360's transparency has enabled them to make informed decisions, plan expenditures effectively, and identify saving opportunities. The high level of visibility offered by PRM360 has significantly improved user experiences, allowing for better cost management and enhanced relationships with suppliers and partners. The platform's transparency and visibility functionalities have been instrumental in streamlining processes, reducing redundant tasks, and optimizing productivity.

### Quotation and Bidding
Users generally praise PRM360 for its efficient quotation and bidding capabilities. The platform's ease of use and quick response from the support team are highlighted as major advantages. Users appreciate the simplicity of submitting quotations and participating in auctions, making the process hassle-free. While some users mention minor drawbacks such as the need to download excel sheets for revisions or the requirement to participate in bidding to be considered, overall, the sentiment towards PRM360's quotation and bidding features is positive. The tool's ability to streamline the quotation submission process, facilitate negotiations, and provide clear visibility into transactions are key factors that users find beneficial. Additionally, the platform's user-friendly interface, straightforward navigation, and timely notifications for quotation submissions and auctions contribute to a positive user experience.

### Purchase Order Management
Users consistently highlight PRM360's purchase order management as a key strength of the platform. They appreciate the ease of creating and sending purchase orders to vendors, as well as the ability to compare prices and specifications post-negotiation. The tool's customization options and streamlined approval process have garnered positive feedback, with users noting increased efficiency and control over purchase approvals. However, some users have mentioned challenges with system adaptability with vendor partners and the time-consuming nature of order creation when dealing with a high number of attributes. Despite these minor drawbacks, overall sentiment towards PRM360's purchase order management remains largely positive, with users acknowledging its role in optimizing procurement processes and driving business performance.

### Invoice and Payment Processing
Users consistently highlight PRM360's invoice and payment processing as a key strength, emphasizing its ability to streamline invoice approval workflows, facilitate easy invoice processing, and enhance vendor management. The platform's intuitive catalog management and e-invoice capabilities have been commended for reducing processing delays and improving the categorization of products. While some users suggest improvements such as including OCR for quicker invoice data capture and enhancing the user interface to prevent page refreshes, overall sentiment leans towards positive experiences with PRM360's invoice and payment processing functionalities.

### Procurement Automation
Users consistently praise PRM360 for its efficient procurement automation capabilities. The software's ability to streamline processes, digitize tasks, and eliminate manual efforts has garnered positive feedback from users. The automation of procurement activities, along with features like configurable workflows and paperless processes, has significantly improved efficiency and time management for organizations utilizing PRM360. Users appreciate the ease of navigating the system, the excellent customer support provided, and the accurate timelines for process completion. PRM360's procurement automation functionality has been a key factor in enhancing decision-making processes and financial health for many users.

### ERP Integration
Users consistently highlight PRM360's ERP integration as a standout feature, praising its ability to seamlessly connect with various ERP systems. The ease and speed of integration with ERP platforms have been commended, with users noting the significant improvement in workflow efficiency and transparency. While some users have suggested minor enhancements in error notifications for better issue understanding, overall feedback emphasizes the strength of PRM360 in integrating with ERP systems to streamline operations effectively.

### Customization and Configurability
Users consistently laud PRM360 for its exceptional customization and configurability features, emphasizing the tool's ability to adapt to their specific needs and streamline processes effectively. The high level of customization offered by PRM360 enables users to tailor the tool to suit their unique requirements, resulting in a more efficient and personalized user experience. The configurability of PRM360 is highlighted as a key strength, allowing users to adjust settings and functionalities to align with their workflows and preferences. The general sentiment among reviewers is that PRM360's customization and configurability capabilities significantly enhance its overall utility and user satisfaction.

### Vendor Management
Users generally praise PRM360's vendor management features, highlighting its effectiveness in streamlining vendor selection, negotiation, and procurement processes. The tool is commended for its ability to enhance vendor relationships, improve savings, and simplify the overall vendor management experience. While some users mention minor challenges such as complexities in adding suppliers to the system, the consensus remains positive regarding PRM360's impact on vendor management efficiency and effectiveness.

### Supplier and Buyer Interaction
Users consistently highlight PRM360's supplier and buyer interaction capabilities as a key strength of the platform. The ability to easily submit quotations, track processes, and communicate with buyers has significantly improved relationships and streamlined procurement activities. Users appreciate the transparency and efficiency brought about by PRM360, enabling better decision-making and cost management. The platform's real-time updates and data accuracy have been instrumental in fostering collaboration and trust between suppliers and buyers, ultimately leading to more positive business outcomes.

### Contract Management
Users generally praise PRM360's contract management features. The tool effectively captures and stores contract information, documents, and total spend, streamlining contract management processes. Users appreciate the timely email notifications for expiration dates and budgets, which greatly assist in managing multiple contracts. Additionally, PRM360's contract management module has proven to be instrumental in keeping project information organized and easily accessible in one centralized location. The platform's ability to address various challenges across the procure-to-pay lifecycle, including strategic sourcing, negotiation, and contract management, has been well-received by users.

### Workflow and Approval Processes
Users consistently praise PRM360 for its efficient workflow and approval processes. They highlight the ease of creating and customizing approval workflows, which has significantly streamlined their procurement activities. The advanced and dynamic workflow process offered by PRM360 has been particularly beneficial, allowing for faster approvals and improved control over the entire process. Users appreciate the automation of workflow approvals, which has eliminated delays and enhanced visibility into the status of tasks. The system's ability to handle various types of approvals, from indent creation to vendor selection, has been instrumental in improving overall efficiency. Additionally, the integration with existing ERP systems has been seamless, further enhancing the efficiency of workflow management.

### Compliance and Auditing
Users consistently praise PRM360's compliance tracking and auditing capabilities, highlighting the ease of managing invoices and conducting evaluations. The transition from manual processes to an online platform has streamlined operations, saving time and reducing the reliance on paper documents for audits. The detailed rankings of vendors, along with accurate transactions and user-friendly auction processes, further enhance the compliance and auditing experience within PRM360.

### Procurement Training and Support
Users consistently praise PRM360's exceptional support availability and training functionality. The training team's prompt assistance in navigating the quotation submission process has been particularly lauded, making complex tasks seem effortless. While some users have encountered minor issues like long wait times for support calls and login difficulties, the overall sentiment leans heavily towards the effectiveness and user-friendliness of PRM360's procurement training and support services. Recommendations for attending training sessions prior to solution implementation highlight the importance users place on understanding the platform's features for optimal utilization.

Based on user reviews, PRM360 has received several common recommendations from users. These recommendations include:

- Users have praised PRM360 for its easy-to-use interface, making it effortless for businesses to navigate and utilize the tool effectively.
- Many users have highlighted PRM360's efficient workflow management capabilities, emphasizing its ability to streamline processes, track progress, and enhance collaboration within teams.
- Several users highly recommend PRM360 as a valuable tool for various business operations, stating its usefulness in project management, task tracking, document sharing, and communication among team members.

Overall, users frequently praise PRM360 for its user-friendly interface, efficient workflow management capabilities, and usefulness in various business operations. These recommendations provide insights into the positive experiences of users who have found value in using PRM360 for their business needs.

PRM360 is a powerful procurement software that addresses many of the issues businesses face when managing procurement activities. The software digitizes the entire procurement process, providing a one-stop solution for effective procurement regardless of company size. Users can streamline end-to-end procurement by automating tasks, cutting down on paperwork, and improving vendor selection resulting in cost savings, transparency, process optimization, improved productivity, innovation, and reduced redundant tasks.

PRM360's powerful features help businesses manage budgets and control spending while simplifying project management. The software offers detailed analytics to support users in making informed decisions about spend management. It also provides an innovative solution for managing vendors, enabling timely payments while providing effective record-keeping. Additionally, the software can simplify contract management by capturing and storing every contract's information and sending email notifications regarding expiration dates and budgets on time. PRM360 offers an open platform for consumers to share their procurement research and resources online, bridging the gap between buyers and vendors. Overall, PRM360 streamlines processes, improves transparency, promotes better decision-making processes, and enhances relationships with suppliers resulting in increased efficiency and profitability.

Reporting capabilities: Many users have appreciated PRM360's reporting capabilities, finding them to be amazing and providing clear visibility of transactions. This helps in keeping track of spend management.
Ease of use: Several users have found PRM360 to be easy to use and time-saving, thanks to its accurate and real-time data. The efficient categorization of products has also been appreciated by many.
Customer support: A significant number of users have praised the customer support provided by PRM360, with immediate and passionate assistance from the support team.

Unresponsive customer support: Several users have expressed their dissatisfaction with the unresponsiveness of PRM360's customer support team. Users have reported that it is difficult to reach them and they are not available 24/7, leading to delays in resolving issues. One user also mentioned that ERP integration errors take a lot of time to resolve even with assistance from the support team.

Confusing user interface: Some users have found PRM360's user interface confusing and difficult to navigate. They suggest adding a quick reference guide or improving the UI to make it more user-friendly. The page refreshing with every click has been one of the major concerns for some users, causing confusion.

Limited options for templates and dashboards: A few users have suggested adding more options for templates and dashboards as they feel that the current options are limited. This would improve the overall user experience on PRM360 by providing further customization opportunities tailored towards individual needs.

PRM360 is a cloud-based procurement solution that provides an end-to-end digital transformation to the procure-to-pay lifecycle for businesses. This unique software can be tailored to meet the specific needs of organizations across various industries, including E-commerce, Pharma, Healthcare, Agri, Poultry, Construction and Energy. It helps automate processes and mitigate risks while reducing overall costs associated with procurement.

PRM360 streamlines the entire procurement process from contract management to supplier relationship management by consolidating all contracts, agreements and invoices in one place. It offers seamless integration with other applications like Sales and Marketing teams which ensures higher business growth rates as well as faster implementation cycles. PRM360 also provides detailed analytics reports on tender details and real-time price fluctuations which enables informed decision-making based on calculated risks.

With its highly configurable features and cost-reducing capabilities up to 25-50%, PRM360 revolutionizes how businesses handle their procurement requirements. Acads360 India Pvt Ltd has created a reliable eProcurement software solution that maximizes ROI with transparency, efficiency and data-driven insights at every step of the procurement process.

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PRM360

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.

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ACADS360 Pvt Ltd

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