NIIT Technologies’ e-procurement solution ProcureEasy is an integrated system of services and technologies, providing a seamless bridge between buying and selling organizations. It facilitates a full-cycle solution from planning, buying, delivery, collections, and receipt to payment release for the procurement process in a transparent and secured environment. It is one-stop eBusiness portal enabling multiple types of procurement transactions on an independent location “anytime, anywhere”. ProcureEasy helps organizations lower operational costs, empower aggregated cross-enterprise spend management and gain wide access to a global supplier base.
It facilitates informed decision making by providing better management of statistical information and purchasing patterns as well as fund management through seamless interfacing with financial systems. Users are provided foolproof Data Integrity and Data Confidentiality for electronic communications and transactions through the use of electronic authentication and digital signatures.
 
Key Features

• Multiple Procurement types – RFX cycle, Auctions (Reverse, Forward, etc), Contract Management, etc.
• Centralized solution with relevant decentralizations for local nodal agencies
• Optimized upstream and downstream of the procurement process
• Dynamic forms to support comprehensive technical and commercial evaluations
• Ability to integrate with existing financial and other backend systems
• Integrated interface for all supplier-buyer transaction through the Procurement process
• Online chatting and mobile interface

 
Business benefits

• Capitalizes on efficiency with automated data
• Accelerates delivery of meaningful revenue data
• Faster revenue recognition and protection
• Minimizes revenue leakage and reduces turnaround time
• Provides provisional settlement
• Enables cash flow improvement