Archlet Features
Supplier Marketplace (26)
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Library
Provides a centralized library containing product data.
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Categorization
Enables users to assign custom categories to products.
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Catalog Management
Create and manage digital catalog of products/services with their details, specifications, and price
Real-Time Data
Receive data and information in real time
Workflow Management
Create, design and manage workflows for repetitive tasks
Supply Chain Management
Manage the planning and execution of supply chain activities
Template Management
Create, save, and re-purpose templates for emails, forms, etc.
Contract/License Management
Track, store, and access client contracts or licenses
Bid Management
Share bid details, archive bids, and create bid requests to assist in bid solicitation and quote comparison
Requisition Management
Review, approve and cancel requests for goods/services to be purchased
Project Management
Plan and coordinate all the resources, costs and time needed to execute assignments
Purchase Order Management
Create, send, and track purchase orders and their statuses
Global Sourcing Management
Procure goods, materials, or services from international suppliers
Spend Management
Track the amount of money spent on a certain product or with a certain supplier
Auction Management
Allows businesses to create and manage auctions.
Invoice Management
Captures invoice data and maintains comprehensive records for auditing and reporting purposes
Budget Management
Forecast, allocate funds, organize financial resources and report & analyze project's income and expenditure
Vendor Management
Ability to track and store all vendor-related information, such as contacts, services offered, terms, etc.
Supplier Management
Manage all supplier data and operations
Audit Management
Plan, schedule, and execute organization's accounts and assets to ensure compliance with policies and laws
Document Management
Store, manage, and track all electronic documents in a centralized location
Procurement Management
Organize and manage all processes/procedures involved in purchasing goods and/or services
Rfx Management
The process of submitting requests for quotes, proposals, information, etc.
Supplier Risk Management
Identify, assess & manage risks that could arise from working with third-party suppliers to protect against disruptions in supply chain
Performance Management
Organize and manage the accomplishments and development of employees or performance of applications or systems
Compliance Management
Track and manage adherence to policies for any service, product, process, or supplier
Contract Management (3)
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Compliance
Assists with maintaining compliance with controlled processes, automated tracking, and audit trails.
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Revenue
Identifies revenue opportunities by providing better visibility into spend data, improving supplier relationships, streamlining procurement processes, and identifying cost savings opportunities
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Negotiations
Provides organizations with the tools and data they need to negotiate contracts more effectively, such as data analysis, collaboration, and contract management.
Data Collection (4)
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Spend
Increases spend visibility into pricing and unintended or excessive use of discounts or promotions by customers.
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Compliance Reports
Identifies noncompliant spending, fraud, and other activity outside of company policy.
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Savings
Analyzes spending patterns and identifies areas to reduce costs.
Customizable Reports
Alter the layout and content of reports
Project Management (3)
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Activity Dashboard
Dashboard to view the status of ongoing processes, identify current incidents and track past activities
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Repository
Manages contracts in a single, online central repository.
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Lifecycle
Manages the entire contract lifecycle process by providing visibility into projects and allocating resources across sourcing initiatives.
Agentic AI - SAP Store (7)
Autonomous Task Execution
Capability to perform complex tasks without constant human input
Multi-step Planning
Ability to break down and plan multi-step processes
Cross-system Integration
Works across multiple software systems or databases
Adaptive Learning
Improves performance based on feedback and experience
Natural Language Interaction
Engages in human-like conversation for task delegation
Proactive Assistance
Anticipates needs and offers suggestions without prompting
Decision Making
Makes informed choices based on available data and objectives
Agentic AI - Strategic Sourcing (5)
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Multi-step Planning
Ability to break down and plan multi-step processes
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Cross-system Integration
Works across multiple software systems or databases
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Adaptive Learning
Improves performance based on feedback and experience
Third-Party Integrations
Set up connections to third-party platforms to improve business processes
ERP integration
Integrate with existing ERP systems
Additional Functionality (31)
Approval Process Control
Manage the process of evaluating documents or requests submitted for approval
Collaboration Tools
Provides a channel for team members to share media files, communicate, and work together
Reporting & Statistics
Collection, analysis, and representation of numerical data and generation of reports to understand various patterns
Generative AI
Use AI to generate content in the form of text, images, videos, etc.
API
Application programming interface that allows for integration with other systems/databases
Access Controls/Permissions
Define levels of authorization for access to specific files or systems
Order Tracking
Track orders throughout the fulfillment process
Inventory Control
Monitor product stock levels
Budgeting/Forecasting
Create budgets based on historical data and future projections
AI Copilot
A virtual assistant that uses AI to pursue goals and complete tasks on behalf of users
Real-Time Analytics
Analyze and gain insights into data in real-time
Spend Analysis
Review and uncover trends in spending activity
Multi-Currency
Manage and handle various international currencies
Audit Trail
A record of all activities within the system, including user access, changes made, etc.
Real-Time Reporting
Active reporting of data and metrics
Activity Tracking
Track and document all activities across devices, networks, and other systems
Search/Filter
Search and filter data across systems to locate required information by entering keywords or certain criteria
Spend Control
Set allowances and ensure employees don't spend more than the allotted amounts
Data Import/Export
Import and export data to and from software applications
Alerts/Notifications
Alerts or notifications of various types such as pop-up messages, sounds, banners, or badges
Invoice Processing
Creation, processing, verification, and execution of invoices till the payment is made
Receiving
Manage all receiving processes within a warehouse
Document Storage
Store and organize documents in a centralized system
Quotes/Estimates
Generate quotes or estimates for customers
Supplier Web Portal
Integrated online platform shared by businesses and their vendors to exchange information/files and collaborate on projects.
Supplier Qualification
The process of assessing potential suppliers based on required credentials, quality standards, etc.
RFP Creation
The process of creating a questionnaire and submitting it to prospective vendors.
Reminders
Timed notification for any upcoming task, deadline, appointment, or activity
Self Service Portal
Online portal through which end users can access the system, manage tasks, or obtain information
Purchasing & Receiving
Workflows that help acquire inventory, issue purchase orders and receive and store items in required quantity
Risk Assessment
Initiate collection and analysis of known risks