In our competitive world, saving cost is equals to revenue generated. Purchase of goods and services costs almost 40 – 60% of the average company’s revenue (Ref: Aberdeen Research).
An efficient purchase management system in place can save between 8% - 12% of the total procurement cost. In manual purchase process, it is often difficult for organizations to identify the gaps and opportunities to save cost.
Companies often goes for Maverick purchase due to lack of system which result in
Vcidex Positive Purchase Management System can be an effective tool for organisation to automate their purchasing process and thereby helps the management to gain visibility and control over the purchasing process which can open up the opportunity to save cost in many ways.
Vcidex PMS can help you to streamline your end user requirements, control spending with approval mechanism, reduce paperwork with workflow based system, lower prices by aggressive vendor negotiation, lower inventory by increasing turnaround time and comply with Government and Audit regulations.
With Rapid implementation and user-friendly support by Vcidex, Organization can realize higher levels of user adoption, low total cost of ownership and a better positive return on your investment.
Raise Requisition with TAT (Turn Around Time)
Hierarchical based review & approval process
Cost Center budget control
Vendor categorization based on product group
Dynamic quotation comparison
Rate contract management system
Auto Purchase Order generation
3 way matching for payment (PO – GRN – Invoice)
Vendor login portal
Positive Cash Flow
Quality end product/services