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What is QAD SRM?

Supplier Management offers manufacturers and their suppliers a centralized platform that enhances real-time communication, streamlines procurement procedures, and mitigates inbound supply risks. The QAD SRM solution adds value through various procurement activities, both direct and strategic indirect, by optimizing strategic sourcing, managing supplier quality, overseeing contract management, and evaluating supplier performance. This comprehensive approach ensures that manufacturers can maintain strong relationships with their suppliers while also safeguarding their operational efficiency.

What is Promitea?

The Promitea Platform revolutionizes the purchasing landscape by implementing effective Supplier Relationship Management (SRM), which fosters sustainable collaborations between businesses and suppliers through a detailed multi-criteria evaluation and improvement framework. It also enhances sourcing efficiency by optimizing direct procurement expenditures on leveraged goods via electronic tenders and auctions available in English, Dutch, and Japanese. Furthermore, the platform supports catalog-driven procurement processes, where automated workflows based on catalog data and predefined rules lead to significant reductions in material and operational expenses through systematic approvals and budget management. By leveraging the Promitea Cloud platform, organizations of all sizes—from large enterprises to small and medium-sized companies—can thoroughly digitize their procurement functions. Since procurement usually represents at least 50% of a company's overall costs, Promitea helps to lower these expenses by more than 10%, boasting an impressive return on investment that exceeds 500%. Additionally, this transformation can be achieved without requiring new hardware or software investments, allowing organizations to utilize their current workforce while sidestepping expensive consulting fees, thus presenting an effective alternative for companies seeking to improve their procurement approaches. This innovative platform not only enhances efficiency but also positions organizations to thrive in a competitive market by optimizing their supply chain management.

Media

Media

Integrations Supported

Additional information not provided

Integrations Supported

Additional information not provided

API Availability

API Availability

Pricing Information

Pricing not provided

Pricing Information

Pricing not provided

Supported Platforms

SaaS

Supported Platforms

SaaS

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training

Company Facts

Organization Name

QAD

Date Founded

1979

Company Location

United States

Company Website

www.qad.com/solutions/supplier-management

Company Facts

Organization Name

APITEA Technologies

Date Founded

2014

Company Location

Czech Republic

Company Website

www.promitea.com

Categories and Features

Categories and Features

Procurement

Catalog Management
Contract Management
Invoice Processing
Purchase Order Management
Sourcing Management
Spend Management
Supplier Management

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