Name: Valproc
Author: Source2t

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Valproc is an online procurement software solution offered by Source2T Private Ltd. It is designed to assist small and medium-sized enterprises (SMEs) in simplifying and transforming their day-to-day business processes. According to the vendor, the software offers a range of features that aim to streamline procurement, improve efficiency, and reduce costs. Valproc caters to various professions and industries, including business owners, procurement professionals, supply chain managers, finance managers, and operations managers.

## Key Features

**Spend Analytics**: According to the vendor, Valproc allows users to collect, cleanse, classify, and analyze expenditure data to potentially decrease procurement costs, improve efficiency, and monitor controls and compliance.

**KYS- Supplier Management**: The vendor states that this feature enables procurement teams to assess the impact of event-led disruptions, such as COVID-19 or natural disasters, on their supply chain.

**Auctions- Reverse & Forward**: Valproc provides a platform for planning, creating, approving, and floating various types of auctions, including reverse auctions for procurement and forward auctions for disposal, as per the vendor.

**RFX factory- Sourcing**: According to the vendor, this feature captures all references to Request for Proposal (RFP), Request for Information (RFI), Request for Quote (RFQ), and Request for Bid (RFB) in the procurement landscape.

**Accounts Payable**: Valproc offers an end-to-end automation solution for two or three-way document matching of purchase orders, invoices, and goods received notes, including an approval workflow and integration via API, according to the vendor.

**Procure to Pay suite**: The vendor claims that Valproc is a cloud-based platform that provides efficient, transparent, and intelligent procure-to-pay processes. It connects with suppliers and offers spend visibility.

**Anywhere Anytime Access**: Valproc's web-based architecture allows users to access the software from any Windows, Mac OS, iOS, or Android device with an internet connection, according to the vendor. This feature aims to liberate users from static legacy systems.

**Fully Modular, Pay As You Go Business Solutions**: The vendor emphasizes that Valproc offers a pay-as-you-go model, allowing customers to pay for only the modules and features they need. This provides cost-effective and flexible solutions, giving customers control over their departmental budget.

**Book Demo**: The vendor offers the opportunity to schedule a demo to see Valproc in action and learn more about its capabilities.

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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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Valproc

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What is Valproc?