Proctrix

Proctrix is the go-to sourcing and procurement solution for mid to large-sized companies. Companies use Proctrix to manage the procurement process with its thoughtful workflows on bid management, reverse auctions, contract management and supplier management. CFOs, Purchase Heads and Procurement Managers have been able to implement Proctrix across teams to gain better spend visibility and collaborate effectively across the procurement value chain.

It is super easy to use and very quick to implement ascompared to other procurement softwrae in the market and makes sure that you never have to look to other software for your sourcing and procurement needs. Various features from Proctrix are

1. Strategic sourcing: Proctrix strategic sourcing provides one of the quickest routes to achieve increased vendor base, improve supply chain performance and directly impact profitability through improved quality and cost savings.

2. Reverse Auctions: Proctrix Reverse auctions provides an easy and flexible way for organizations to run a transparent reverse auction process. Companies can save 10-25% in costs by conducting reverse auctions on products which are have a water tight specification.

3. Contract Management: Contract Management Solution from Proctrix simplifies your complex contracting processes involved while dealing with hundreds and thousands of suppliers. Proctrix provides visibility into your existing contracts, allows you to collaborate across stakeholders and ensures strong compliance management for your team.