The advantage of PRM360 is numerous, it provides sync with ERP system, it has simple UI interface which makes users easy to adapt to this solution. The catalogue management, contract management make it easier for issuing order to vendors. A strong auction tool also provides the benefits of conducting auction with complete transparency. Vendors Portal enables vendors to participate in quotation submission online along with submission of Invoices. A workflow management tool enables to configure workflows across the process. Invoice management let Invoices been process in ERP post validation and approval.

It is easy to use interface has made us conduct auction with our vendors with ease. Vendors acknowledge the process and enthusiastically participated in the auctions conducted. The buyers quickly adapted to the application and they found, the team were able to analyse on the procurement spend the saving they could bring in. Post auction report has made the buyer work more easier in helping them understand the negotiation approach the vendors have followed and enabling them to choose the right buyer for their requirements

PRM360 solution highly customizable platform that provided solution through which we can make faster decision and able to finalize vendors in shortest time. It has very good features of catalogue management, contract management, RFQ process and conducting auction. It’s easy to operate platform where the users and even vendors found it the best platform to share RFQ’s and submit quotes. comparative preparation sheet is prepared automatically and hence we need to spend time and effort in preparing it. auction with vendors are been conducted with greater transparency