Procurement Management Software

Home - - Procurement Management Software

Procurement Management Software Kuwait

Procurement Management Software
Procurement Software on nTirePMS to Control Spend

SunSmart Global helps our Clients with nTirePMS – Cloud-Based / On Demand / On Premises Intelligent Procurement Management Software Kuwait with inbuilt Supply Chain Management (SCM) that addresses these manual works and brings efficiency, speedy response, reduce operational cost, and above all a structure to the entire Procurement Process. nTirePMS can be integrated with any of the existing ERP systems and can work with / without such integrations.

Identification of needs, Finding and qualifying the suppliers, requesting the proposals, negotiating with suppliers, Contracting, Delivery, Analyzing the results.

Accelerate your procurement process with nTirePMS, how efficiently manages its end-to-end procure lifecycle. Integrates with Vendor Management, Catalog Management Requisition and approval workflow with other procurement functions yields superior performance across the entire procure-to-pay process. Enables budget control and approval workflow that lightens the procure process and cut down the approval time by weeks.

Procurement Management Software Solution

With our Procurement Software Kuwait, you can eliminate manual tasks in your procurement cycle with complete transparency and procurement audit. Procurement tracking Software saves each purchase cost with its advanced comparison tool and cut down man power cost on : Stock update, update item details like serial number, expiry, etc. 'Quotation Entry, paper works, tracking of delivery, Maintenance of assets, Vendor payment entries, queries and payment confirmations etc.

Starting with a Supplier (vendor) Registration Portal wherein suppliers directly register themselves with a number of structured data towards Supplier Master Data Management (SMDM). Using the enterprise Workflow Foundation Workflow Foundation (EWF) of SunSmart, suppliers are approved. This builds the list of Registered Suppliers and their Products & Services as a searchable MDM which is accurate and up to date. Suppliers can update the details of their products | services as a feature list. Purchase Requisitions (PRS) is made at the existing ERP system and post-approval, the data seamlessly flow into nTirePMS for Supplier identification and Request for Quotation (RFQ) initiation.

procurement tracking software

Our eProcurement Software automatically reconciles the Suppliers who can directly provide the service/product with approximate valid prices and delivery timelines. Helps the procurement team to identify the right supplier. Based on the requirements, you can choose the suppliers and trigger RFP for their quotations.

Suppliers will log in to the portal and submit their quotations online. Auctions & Reverse Auctions are enabled in the system for any online price negotiation. Suppliers can revise their quote any time till the RFQ Period and the system maintains version control for audit purposes. Supplier Evaluation, Comparison and Shortlisting are done in Procurement Management System Portal and shortlisted data flows back to the ERP System for the release of PO Contract. Suppliers can log in to the portal and confirm acceptance of the PO/Contract and updates Delivery Schedules, Shipment Details.

Purchase Management System enables a procurement process delivers best spend management and enhances the relationship between buyers and suppliers.

Modules

Procurement management system
  • Supplier Selection
  • Multi Lingual & Audit Trail Manager
  • Vendor Delivery Schedule Tracking
  • Vendor Digital Invoice Processing
  • Enterprise Workflow Manager
  • Supplier Evaluation & Shortlisting
  • Supplier Quotation (Both Online & Offline)
  • Supplier Registration with Enterprise Workflow
  • User Roles, User Management with Access Control Definitions.
  • Purchase Order Release
  • Notification Manager for SMS & Email Notifications
  • Multi Tenancy, Countries - Regions
  • Complete Inventory & Warehouse Management
  • Branches, Knowledgebase & FAQ
  • Monitoring & Tracking of Part Deliveries, Rejected Items etc.
  • FA integration for Payment processing - Journal / AP Posting
  • Multi Branches, Knowledgebase & FAQ

Smart Procurement Management Solution for Your Business

Purchase Requisitions

Manage your purchase requests and gets instant updates about the status whenever the changes occur and product catalogs when initiating the purchase.

Purchase Order

Send POs and generates orders, specify what the product requires in an exact quantity. The request is sent to the vendor through the system.

Purchase Invoices

Streamline your process with automated payment transition for PO invoices submitted by the suppliers through vendor portal.

Vendor Management

Vendors need to verify and register quickly by accessing the vendor information through multilingual catalogs. Rate their vendors using KPIs.

Workflow Management

Access to invoice handling from receipt to payment. Automated software enables the invoice matching and forwarded for payment processing.

Integrations

Integrates with any of the financial software gives the better spend visibility into the Organization and procurement control through the entire procurement cycle.

Key Functions

  • Supplier Registration
  • Catalog Management
  • Enterprise Workflow Manager
  • Purchase Indents
  • RFP / RFQ
  • Online Quotations
  • Auctions / Reverse Auctions
  • Vendor Comparison
  • Delivery Schedule Tracker (Real time)
  • PO – Purchase Order
  • Receive material with complete Item details
  • No Manual entry at any stage
  • Goods Receipts
  • Compliant to local taxes
  • Quality Control
  • Stock Management
  • Fixed Assets with Bar code / QR Code / RFID
  • Account Payable automation of Suppliers with FA Integration
  • Integration with ERP Applications
  • Multi Currency
  • Notification on : SMS, Email, WhatsAPP
  • MobileAPP available
  • Dashboards & Reports
Benefits of Procurement Software
  • Enterprise Workflow Foundation - Define your own approval process
  • Seamless Integration with Existing ERP Systems
  • Available On-Cloud / On-Demand / SAAS Subscription Model with maximum security measures
  • Highly Configurable and Fastest GO Live
  • Avoid invoice delays and duplicate payments
  • Empower your suppliers with Self-service
  • Alleviate Procurement risks
  • Improves customer service and communication
  • Provides suggestion for any type of spend
  • Enables the suppliers to control their operating cost
  • User interface promotes user adoption
  • Offers real time data for all process transactions
  • Customized workflows for approval management
procurement tracking software

Looking for Procurement Management Software?