A PwC India Procurement Management Software
Challenges in the solution selection process
Outlining the features needed and organising them according to priority, as these factors directly influence the cost of the procurement.
The procurement timeline for the new
solution items takes at least 3–6 months to gather all the information and prepare the
requestfor proposal (RFP).
There is always a lack of visibility with
respect to procurement items and their stages for the senior management and other stakeholders.
Streamline your decision making
The tool’s solution evaluation services can assist your organisation in efficiently choosing its own vendors, fostering industry growth and taking advantage of tailored services.
Reduce the cost & time
Time and money can be saved by automating the standard processes while leveraging PwC's industry database of questions and experience concerning vendor selection to formulate the most optimal Functional Requirement Specifications (FRS).
Efficient tracking and visibility
This solution enables tracking across all the launched Request For Proposals (RFPs) and provides visibility to all the layers of management, that is, from a bird’s-eye view to an individual RFP.
This tool helps in reducing the e-mail and spreadsheet management and compiles them into one database which can be used in subsequent procurement activities.
The tool provides a single unified dashboard that provides insights into all vendors and their respective positions and functional areas, to facilitate quick decision making.
Procurement Management Software Solution in action
An option of a GCP based target solution architecture through the illustrative dashboard