Leverage SutiProcure’s robust sourcing tools to evaluate supplier proposals, author new RFPs, and award contracts to the right suppliers.
SutiProcure allows you to host different types of eAuctions such as Forward auctions, Reverse auctions, Dutch auctions, and Sealed Bid auctions, and enables real-time bidding to drive best-value sourcing for your business. You can also pre-qualify your suppliers for auctions by leveraging auto-approval functionality.
Invite existing suppliers and on-board new suppliers through your pre-defined supplier registration process with ease. Gather information about new suppliers and evaluate your relationships with existing suppliers by accessing their scorecards and performance history before inviting them to participate in an RFP.
SutiProcure’s sourcing dashboard provides a 360-degree view of all sourcing activities, including RFIs, RFPs, RFQs, and eAuctions across the enterprise. Drill down and filter the parameters to get metrics and insights you want and evaluate your business performance against your sourcing strategy.
Convert RFPs into templates and store in a central repository that you can access anytime. Identify relevant sourcing templates from the repository and create events quickly based on your business rules.
Avoid supply chain risks and reduce the transaction costs by maintaining strategic partnerships with suppliers. SutiProcure allows you to compare bids submitted by suppliers and automates the sourcing process by streamlining bidding, negotiation and awarding processes.