ProTaiga: Simplifying PROCUREMENT PROCESSES through Integrated Buying Solution

CIO Vendor The rapid growth in demand for Digitization in Procurement and Supply Chain, globally, has also led to the adoption of e-procurement in the Indian market. The Indian market has certainly evolved with a large focus on automation and digitization in procurement and the switch to e-procurement tools has most definitely changed the way companies buy today.

Procurement companies want to consolidate scattered purchases, get spend visibility and outsource vendor management with assured compliance and governance in the easiest possible manner. Moreover, they are looking for ways to optimize processes, enhance efficiency and save costs. This is where E-Procurement solutions come to the rescue of such companies by providing the much-needed consolidation of spend, standardization of pricing, minimizing risk, and delivering enhanced efficiency and compliance along with spend visibility. However, to achieve this, most procurement companies have to install multiple software, deal with numerous vendors and face numerous other challenges. Therefore, they want an integrated solution that not only simplifies the procurement tasks but also facilitates in bridging the gap between the buyers and sellers, with minimum investment and maximized savings.

Perfectly understanding these requirements, Noida headquartered ProTaiga, with its comprehensive and first of its kind - SaaS based - integrated buying solution, simplifies the procurement process and enables its clients to operate in a dynamic procurement and supply chain environment. ProTaiga’s unique solution revolves around three main offerings that include Consulting & Advisory, an Intelligent Enterprise Platform that automates procurement process and a Diversified Supplier Network. The entire solution is built upon an aggregator business model aimed at bridging the gap between buyers and sellers, on a digital front by mitigating risks for them, negotiating best rates and maximizing savings for clients. This SaaS based platform is managed by a team of experts who handle the buying requirements of clients.

ProTaiga offers Procurement Automation to consolidate indirect spend buying, enhance efficiency, reduce costs and bring in compliance in organizations. The company’s robust enterprise platform comprises various modules to digitize buying that has a highly intuitive user interface interlinked between the buyers, solution providers and vendors. This futuristic tool presents the business leaders with complete spend visibility starting from budgets for each site, approval processes for requisitions raised and digital inventory management in addition to many other features. ProTaiga facilitates organizations to focus more on serving their clients and growing their business by offering unprecedented support and managing all the purchasing requirements and deliver considerable cost savings and enhance efficiency.

“Our solution has been designed to address the various challenges faced by the Procurement and Supply Chain teams,” affirms Aval Sethi, Founder & CEO, ProTaiga. “It stems from the need for a service combined with industry expertise and advanced technology that can be adopted by businesses looking to outsource the entire buying process,” he adds.

Seamless Integration with Diverse ERP/Financial Systems
ProTaiga was formed with an aim to develop a unique Procurement Ecosystem. The cloud based technology platform can seamlessly integrate with any diverse ERP/Financial systems. ProTaiga is a one-stop-solution for clients to digitize procurement, source and plug in vendors, at best rates and streamlines entire procurement process while delivering cost savings and compliance.

This cutting-edge technological platform creates a flourishing ecosystem that offers supportive resources to cut costs, simplify processes, and make the procurement process more efficient.
While there are numerous procurement softwares that need to be installed and which require training modules on how to be used, ProTaiga’s buying platform is user friendly and highly intuitive with over 18 categories for Consumables & Spares, containing 15000 plus SKUs (Stock Keeping Unit), combined with services capability across the country.

Budgeting, Inventory and Spend Analytics modules to deliver Cost Savings
ProTaiga simplifies the purchase of MRO (Maintenance, Repair and Operations), material and consumables under the indirect spend category management. It comprises additional features such as Budgeting, Inventory and Spend Analytics modules to assist the procurement teams and deliver cost savings in indirect spend.

The company envisions becoming the largest eco system for professional procurement. When clients outsource their buying to ProTaiga, the ProTaiga team understands the clients’ current buying scenario, categories and vendor base and then plugs in vendors to offer better rates for their existing requirements, enhancing efficiency and replicating their internal approval metrics and managing their spend for each site on the digital platform. After this,
the client organizations are equipped with budgeting, inventory modules and spend analytics to make more informed buying decisions. ProTaiga ensures that the vendors servicing its clients are compliant and ethical in their business transactions.


Reduction of Procurement Cycle Time through Digital Catalogues
ProTaiga reduces the entire procurement cycle time by creating digital catalogues for regular requirements and also offers a TAT of 3-4 days for assured on-site deliveries, managed by the company’s in-house delivery managers. The company’s GST friendly invoicing module ensures to capture transactions for audit trail and timely credit input. The system generated monthly invoices are submitted to clients for each Purchase Request raised on prenegotiated rates, which help in saving time and effort of the clients.

ProTaiga provides numerous products and services - from simple catalog buying to running RFPs, from Budget Management to Digital Inventory, from E-Auction to AMC Management, from Spend Visibility to Digital Contracting. “At ProTaiga, we celebrate diversity and inter-dependency of companies to foster symbiotic relationships that transform procurement practices through digitized innovation to cut costs and simplify processes,” says Aval.

Procurement Transformation and Optimization
The role of procurement extends far beyond the belief that procurement’s primary function is to obtain goods and services in response to internal needs. A world class procurement process aims to optimize the whole process to create significant business value and this is achieved with ProTaiga’s Consulting & Advisory services. This service is mainly designed for Optimization of Procurement processes and mitigating risks by devising strategic procurement methods. It also helps in streamlining and identifying the gaps in the current client procurement processes.

The company’s tailored approach to procurement transformation begins with a detailed evaluation of the existing supply management operations. ProTaiga’s procurement transformation advisors take a holistic view on the people, process, technology and metrics. With a goal of identifying opportunities for improvement and creating an effective procurement strategy for the client organization, the advisors closely review the stakeholder feedback, purchase order and vendor contracts, established performance metrics and supplier relationships.

The team behind this organization consists of global procurement experts, SMEs, Technology Enthusiasts and senior supply chain specialists. ProTaiga currently caters to 50+ cities across the country and offers tech support with videos and e-mail support with 4 hour ticket resolution time.
Pro Taiga is positioned amongst the top three solution providers for Procurement Automation and has been lauded and recognized by some of the most prominent technology evaluators and industry leaders for the value proposition that it has offered to the end users. ProTaiga’s digital catalog capability combined with other services delivered to a large diverse client is a strong differentiator for the company in the market. The company is currently focusing on strengthening its unique solution offering for the Indian market. Moving forward, ProTaiga is planning to expand its operations in tier 2 and tier 3 markets by end of the year.

Extensive Expertise
“The Company That Doesn’t Adapt Will Be The Company That Doesn’t Survive,” Affirms Aval Sethi, Founder & Ceo, Protaiga. Aval, A Senior Management Professional, Has A Proven Track Record Of Delivering Significant Financial Outcomes While Leading Complex Initiatives With Strategic Perspective And High Visibility Across Multiple Sectors Such As Real Estate, Epc, Bpo And Consulting. Aval Is Adept At Driving Business Strategies For Growth And Creating Efficiencies Leading To Cost Optimizations And Savings. He Has Held Positions Of Head Of Corporate Real Estate, Head Of Supply Chain &Procurement For Asia And Has Had A Rewarding Career With The Elite Armoured Corps Of The Indian Army Where He Served For Over 11 Years Before Hanging Up His Spurs In March 2005. Aval Is The Recipient Of Numerous Awards And Recognition For His Work Both In The Army And In The Corporate World.