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Upgrade to Innovative Solutions for Future Ready Enterprises
Procurement has become more strategic, complex and at the same time is expected to happen with lesser clicks. Soft-Tech’s e-Procurement Software Suite enables your business to achieve automation by offering buy, sell and auction workflows to drive procurement with complete integration to major ERPs and deployment in no time.
e-Tendering Solution
Register
Register yourself to the portal
Create
Create an e-Tender and fill in all mandatory details in respect of the e-Tender
Upload
Upload e-Tender documents and sign them digitally
Publish
Publish the e-Tender
Receive
Receive digitally signed bids
Open
Open bids received online
Evaluate
Conduct offline/online evaluation
Results
Publish evaluation results
Reverse Online Auction
A single buyer makes potential sellers aware of their intent to buy a specified good or service, the sellers bid against one another to secure the buyer’s business, driving the price to be paid for the item downward.
The difference between an eTendering Solution and an Tendering Solution with Reverse e-Auction tool:
Open
Open bids received online
Evaluate
Conduct offline/online evaluation
Reverse e-Auction
Reverse e-Auction tool drives prices down
Results
Publish evaluation results
* After evaluation process, the solution provides a reverse e-Auction tool which buying organization may use to get maximum savings through online bidding between vendors going down ward hence better price.
Forward Online Auction
A single seller offering an item for sale, with buyers competing to secure the item but bidding the price upward.
The following process happens on our seller platform upto the point of integration with banks and mobile payments:
Sale items catalogue
Specs & picture upload
Bidder registration (security deposit)
e-Auction event creation
Buyers bid going upward
Monitor bids
Sale award
Banks and mobile payment
Enhance your Buying, Selling and Auction Experience
Digital Car Trading Solution
Easily manage your entire automobile trading process online, from valuation to administrative, logistical processing and more.
Agro Online e-Auction Solution
Introduce real time availability of auction results to ensure transparency through built in audit trail, and enable inflated trading windows to increase buyer/ producer participation and volumes of commodity.
Auction Houses
Monitor events (bids, auctions etc.) and its complete supply chain operations on your web dashboard and mobile while achieving higher cost savings.
e-Disposal Process
An online B2B negotiation platform where buyers connect and bid for buying various materials/assets that are disposed by the seller and or organizations.
Our Approach
Our end to end procurement process automation happens through the following phases. All phases ensure transparency, auditability, integrity, security and availability.
- Procurement Planning & Budgeting
- Indent Management & Administrative Approvals
- Supplier Management
- e-Tendering
- e-Sourcing (Reverse Auctions)
- e-Catalogue
- e-Auctions Management
- e-Disposals (Forward Auctions)
- e-Invoice Management
- Contract Management
Features:
- Multi-level organization structure
- Role-based access privileges
- Workflows-driven activities
- Template-driven approach to processes
- Integrated with third-party services (payment gateways, email, SMS, etc.)
- Integrates with legacy systems seamlessly
- Notifications/alerts across the ‘Plan 2 Pay’ cycle
- Integrated dashboards & MIS reports
- PKI-based security
All phases ensure transparency, auditability, integrity, security and availability.