Ratings and Reviews 0 Ratings

Total
ease
features
design
support

This software has no reviews. Be the first to write a review.

Write a Review

Ratings and Reviews 0 Ratings

Total
ease
features
design
support

This software has no reviews. Be the first to write a review.

Write a Review

Alternatives to Consider

  • eBuyerAssist Reviews & Ratings
    106 Ratings
    Company Website
  • Zahara Reviews & Ratings
    30 Ratings
    Company Website
  • ProcureDesk Reviews & Ratings
    51 Ratings
    Company Website
  • Epicor Vision Reviews & Ratings
    7 Ratings
    Company Website
  • Lucca Reviews & Ratings
    2,497 Ratings
    Company Website
  • Ansarada Reviews & Ratings
    277 Ratings
    Company Website
  • Precoro Reviews & Ratings
    435 Ratings
    Company Website
  • Digit Reviews & Ratings
    11 Ratings
    Company Website
  • Order.co Reviews & Ratings
    149 Ratings
    Company Website
  • Kechie Reviews & Ratings
    56 Ratings
    Company Website

What is Procurement Power?

Enhancing the profit margins obtained from suppliers can be a daunting task, often seen as a refined skill. In the procurement process, it is clear that suppliers do not consistently offer their most attractive prices, leading to an ongoing game of negotiations regarding profit distribution between your organization and the suppliers. The most favorable pricing is largely determined by the supplier's desire to win your business and their apprehension about potentially losing it. So, what is the most effective way to convey this idea? Procurement Power provides an efficient platform that encourages suppliers to compete against one another while being aware of their bidding standings, thereby fostering a fairer marketplace. Many Fortune 500 companies have acknowledged the benefits of this approach and have been utilizing various auction systems to engage their suppliers for several years. It is crucial to remember that every transaction comes with its own set of costs, which can vary depending on the type of item being purchased and the depth of negotiations undertaken. Moreover, grasping these nuances can facilitate improved decision-making and cultivate stronger relationships with suppliers, ultimately benefiting the organization as a whole.

What is CormSquare?

To boost collaboration, monitor progress, and simplify processes, organizations need visibility, insight, and transparency that extend beyond their internal structures. The CormSquare decision support system provides in-transaction analytics across its various modules, ensuring that whether you're approving purchase requisitions, choosing vendors, assessing commercial proposals, or finalizing contracts, you have instant access to crucial information for swift and informed decision-making. It ensures visibility across supplier and partner networks, delivering timely and precise information, which helps reduce transaction costs while enhancing engagement through improved controls and collaboration. By merging external network data with internal insights, CormSquare creates actionable intelligence that propels performance. Furthermore, it allows for increased agility and control by managing workflows, expenditures, and supply chains within a single interface. The capability to dynamically adjust workflows and apply business logic across supply networks significantly contributes to developing a more responsive organization. This flexibility not only boosts operational efficiency but also cultivates deeper relationships with suppliers and partners, ultimately leading to enhanced business outcomes. In an increasingly competitive landscape, leveraging such tools becomes essential for sustained growth and innovation.

Media

Media

Integrations Supported

Additional information not provided

Integrations Supported

Additional information not provided

API Availability

Has API

API Availability

Has API

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

Serex Procurement Solutions

Date Founded

2013

Company Location

Canada

Company Website

www.serexprocurementsolutions.com

Company Facts

Organization Name

CormSquare

Date Founded

2015

Company Location

India

Company Website

cormsquare.com

Categories and Features

Procurement

Asset Management
Auction Management
Bid Management
Budget Management
Catalog Management
Contract Management
Inventory Management
Invoice Processing
PunchOut
Purchase Order Management
Receiving
Requisitions & Approvals
Sourcing Management
Spend Management
Supplier Management

Categories and Features

Procurement

Asset Management
Auction Management
Bid Management
Budget Management
Catalog Management
Contract Management
Inventory Management
Invoice Processing
PunchOut
Purchase Order Management
Receiving
Requisitions & Approvals
Sourcing Management
Spend Management
Supplier Management

Supply Chain Management

Demand Planning
Electronic Data Interchange
Import / Export Management
Inventory Management
Order Fulfillment
Order Management
Sales & Operations Planning
Shipping Management
Supplier Management
Transportation Management
Warehouse Management

Popular Alternatives

ProcurEngine Reviews & Ratings

ProcurEngine

AgileApt Solutions

Popular Alternatives

ProcureSens Reviews & Ratings

ProcureSens

Safal Softcom
ProcureHere Reviews & Ratings

ProcureHere

Privasia
Coupa Reviews & Ratings

Coupa

Coupa Software