Simpplify : Accelerating Procurement Process through End-to-End Vendor Network Management Platform

Today as most enterprises look to automate their product inventory management, the implementation of procurement software has increased rapidly. This is because utilization of such software solutions allows enterprises to reduce operational cost as well as increase efficiency. Moreover, buyers are looking for procurement solutions with large vendor database that help enterprises carry out transactions easily. The buyers also want to do transactions only with specific vendors based on certain parameters. This is where Noida based SIMPPLIFY, with its end-to-end Vendor Network Management platform provides buyers with a larger vendor database, facilitating them to choose the vendor of their choice.

This platform enables buyers to define the criteria and parameters they prefer in the application so that vendors qualifying those criteria and parameters can participate.

SIMPPLIFY is a complete Vendor Network Management platform or portal where the vendors register themselves for their products or services. The solution covers entire transactions with vendors from budget planning to requisitions to purchase order to supplies and payment status. It provides reverse auction functionality as well.

What is unique about this platform is that it can be easily integrated with any of the back-end ERP software and other software applications as well.All the transactions like requisitions, Purchase order, PO acceptance, supplies, vendor invoicing etc. can also be managed entirely or selectively on this platform at the same time selectively integrated with the backend systems as per the buyer’s requirements.

The application is an integrated platform for buyers and vendors. Through this platform the buyers will be able to find vendors beyond their own set of registered vendors. Similarly, the vendors will also be able to find several new buyers other than their regular customers.

“We have the best technical, marketing and process teams that are balanced and also work together to deliver best and complete solutions in all aspects and perspectives such as functionality, business process and technology”

Since both the buyer and vendor information is available on this integrated platform, and as both the parties are allowed to update the status on the platform, it bridges the communication gap between these parties. This makes the buyer-vendor interaction seamless and therefore helps in reducing the communication costs.SIMPPLIFY also helps in cutting down the repetitive and iterative tasks, which helps in the drastic reduction of the procurement costs as well. Moreover, the buyers can obtain the necessary information on the product they would want to purchase as the registered vendors have the facility to provide appropriate information regarding their products.

“We have the best technical, marketing and process teams that are balanced and also work together to deliver best and complete solutions in all aspects and perspectives such as functionality, business process and technology as well,” affirms Harish Saraf, CEO, SIMPPLIFY.

SIMPPLIFY has an advanced analytical system and dashboard reporting tool that helps in generating analytical reports. The dashboard has been divided into three categories that include operational level, exceptional and the MIS dashboard. The company is incorporating Blockchain technology into its application.The application also has bill and cash discounting facility, the integration with banks is in process. This platform can be deployed on Cloud as well as on-premise.