ProQsmart is a cloud-based software that streamlines strategic sourcing for medium to large businesses in sectors like construction and manufacturing. It simplifies complex purchases and projects for procurement professionals and executives by integrating all aspects of strategic sourcing.
Key features include budget approval workflows, RFQ processing, supplier evaluations, budget forecasting, e-tendering, and reverse auctions. It replaces manual procedures with a centralized platform for strategic procurement decisions and offers customizable forms, quote comparison tools, and supplier onboarding modules. ProQsmart supports various procurement methodologies and compliance needs, provides audit trails and approval workflows, and includes setup and customization services.