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What is Prism Procurement?

Our innovative and user-centric solutions simplify every stage of your procurement journey, allowing for significant time savings, reduced losses, and improved productivity. We provide a comprehensive range of solution modules that cover all critical elements of procurement, facilitating both standalone and integrated implementations. Khareed's easy-to-navigate software guides your procurement team through a completely automated process, removing the hassle of manual paperwork while ensuring adherence to regulations. With a clear and standardized methodology, you can efficiently submit purchase requests, request quotes for various products, and present these to your selected suppliers simultaneously. Furthermore, all quotations received from vendors are systematically organized in an automated smart comparison table, which enables users to easily assess products, terms, and prices, facilitating the choice of the best option. This streamlined approach not only improves decision-making but also contributes to a more efficient overall procurement process, ultimately leading to enhanced organizational effectiveness. Additionally, our platform continually evolves to meet the changing needs of businesses, ensuring that you stay ahead in a competitive landscape.

What is Expent?

Navigating the complexities of vendor management and product procurement can be daunting, but with Expent, your teams can smoothly oversee every aspect. Expent enhances the vendor selection and onboarding experience, guaranteeing that vendor management is handled efficiently from the initial sourcing phase through to contract renewals. The platform provides tools that facilitate vendor evaluations, such as RFx and Proof of Concepts (PoC), simplifying the decision-making process. By incorporating templates crafted by industry experts that reflect insights from comparable companies, Expent enables effortless and informed choices. Additionally, it centralizes the initiation of vendor and purchase requests, allowing teams to monitor unregulated spending and streamline approval processes. By integrating procurement workflows that involve key stakeholders like security, IT, legal, finance, and procurement, Expent fosters a unified approach to vendor management. Procurement teams often struggle with enforcing spending regulations and managing numerous requests effectively, particularly when they are included in the process at a later stage, which can diminish their strategic capacity. Expent not only optimizes procurement workflows but also encourages enhanced collaboration, ultimately leading to improved results for your organization. With these capabilities, your teams can focus more on strategic initiatives instead of being bogged down by administrative tasks.

Media

Media

Integrations Supported

Integrations Supported

Workday Extend

API Availability

API Availability

Pricing Information

$100 per month
Free Version

Pricing Information

Pricing not provided

Supported Platforms

SaaS

Supported Platforms

SaaS

Customer Service / Support

Standard Support
Web-Based Support

Customer Service / Support

Web-Based Support

Training Options

Documentation Hub
Online Training

Training Options

Documentation Hub
Online Training
On-Site Training

Company Facts

Organization Name

Khareed

Date Founded

2015

Company Location

Pakistan

Company Website

khareed.pk

Company Facts

Organization Name

Expent

Company Location

United States

Company Website

www.expent.ai/

Categories and Features

Procurement

Catalog Management
Purchase Order Management
Requisitions & Approvals
Sourcing Management
Spend Management
Supplier Management

Categories and Features

Procurement

Not specified

Sourcing

Not specified

Vendor Management

Not specified

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