Businesses in several industries, including retail, manufacturing, healthcare, etc., need to have a robust procurement process to deal with challenges like market competition, increasing prices, etc. This can assist them in reducing errors and maximizing daily output, thereby ensuring overall efficiency. But with the cost of procurement services increasing rapidly, businesses often face issues in providing consistent services to their customers. To combat this, many companies are turning to smarter and more efficient services like e-procurement.
E-procurement software is fully cloud-based, which enables businesses to control and monitor all procurement-related tasks online from any location. Implementing a powerful e-procurement system can support businesses by automating repetitive actions, saving costs, minimizing inaccuracies, structuring workflows, generating detailed performance reports, etc. If you are looking for a comprehensive e-procurement solution to get rid of delays and inconsistencies within your current procurement process and make your business more profitable, our team at Silwatech can be of help. We are experts in designing feature-loaded software fully customized to meet your requirements.
Silwatech is the top e-procurement software development company catering to businesses based in the UAE and beyond. Our efficient team has empowered businesses with innovative and highly successful e-procurement software solutions for the last 20 years. With our powerful software, you can easily automate all routine business tasks to save considerable time at a reduced cost.
Whether you are a big established business or a new startup, we offer customised solutions as per your needs. Our team is highly skilled in designing robust, flexible, and scalable software to simplify all your daily business functions. From reducing paperwork to identifying the best vendors, managing costs, reducing error rates, tracking performance, and more – our all-encompassing e-procurement software makes managing all your tasks easier.
Custom-built e-procurement solutions
Vendor and contact management
Single-window management of all payment categories
Secure data sharing for easier collaboration
Easy to implement, modify, and manage
At Silwatech, we are a team of experienced software developers holding expertise in assisting businesses with smart, feature-loaded technological solutions as per their needs. We offer the best e-procurement system powered by several smart functionalities that enable businesses to manage all procurement-related processes at reduced cost and time.
This module of our e-procurement system enables you to:
Manage proposals (RFP), quotations (RFQ), information (RFI), and tenders (RFT)
Receive Indents from site/project
Compare quotations
Perform inspection and verifications
Organize bills and invoices
This module of our e-procurement software covers:
Supplier selection and onboarding
Approve rate, vendor, quantity, credit period, schedules
Monitoring vendor performance
Supplier account monitoring and settlement
Approval of local purchases and executing the same
Through this module of our e-procurement software, you can:
Receive Material (Create GRN)
Verify Material
Challan against PO
Forward material receipt intimation to the vendor via web/mail
Forward Bills to Accounts with Excess / Less supply /intimation, Debit/Credit Memo
Issue Items to Projects
Return of rejected material and account settlement Stock Monitoring / ABC / FSN Reports
In this module of our e-procurement system, you get:
Complete budgeting and cash flow management
PO approvals
Calculating payment due dates and making payments
Petty cash management
Budget proposals and approvals
Processing vendor bills
Periodical costing analysis and reports
Taxation including TDS deduction, excise, service tax, and VAT
This module of our e-procurement software enables you to manage:
Sales productivity and performance
Production/procurement forecasts
Pricing and point of sale (POS)
Customer relationships
Quotation, orders, and approvals
Dispatch, shipping, and exports
Sales analytics and reports
The quality management module of our e-procurement software includes:
Production safety
Quality control management
Compliance with industry regulations
Expenses in testing and production line evaluations
Quality reports and analytics
At Silwatech, we take pride in holding a continuous record of high customer satisfaction for the last two decades. Our experts have helped transform several companies with tailored software solutions that address various business problems.
With our dedication to delivering the best e-procurement software in UAE, we have emerged as one of the most trusted software development companies. With smart automation and extensive management features, our comprehensive solutions can help businesses address all their challenges related to procurement.
The market value of procurement software in 2021 is around 4.6 billion USD, and it is expected to reach 5.4 billion USD by 2025.
E-procurement enables finance groups to match close to 80% of incoming invoices as soon as they are issued by suppliers.
Around 78% of business leaders think that automation leads to increased productivity in the workplace.
One of the top reasons businesses adopt an e-procurement system is to minimize or eliminate errors caused by manual management.
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