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Intelligent Procurement Management

Achieve spending control by proficiently handling vendor relationships, implementing automated purchase processes, and enhancing compliance while reducing costs via transparent purchasing procedures throughout the entire company.

Gain the competitive edge in the complex world of procurement with our state-of-the-art platform. It revolutionizes the way companies buy goods and services, empowering them to secure the best prices and ensure timely delivery effortlessly. By efficiently channelling purchase orders to approved suppliers and leveraging pre-negotiated contracts; it saves significant time and money for businesses. Take control of your vendor management and streamline the procurement process with ease. Real-time insights into company spend and vendor performance provides a comprehensive view, enabling informed decision-making. Our procurement dashboard consolidates all procurement-related information, from transactions and records to vendor performance and departmental expenditures, offering unparalleled transparency. Elevate your firm's purchasing processes with our all-encompassing hub that not only enhances regulation adherence but also drives cost savings.

Streamline Processes

Enhance efficiency and accuracy by automatically integrating procurement transactions with vendor records, goods receipts, and billing documents.

Enhanced Transparency

Consolidate all vendor information and associated projects in one centralized location, enabling buyers to effortlessly access comprehensive and pertinent data.

Cost Optimization

Purchase orders establish precise costs for requested items, preventing unforeseen price hikes and discrepancies between invoices and ordered goods.

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Unified

Bringing data, technology & expertise together to transform your business and make future-ready.

Connected

Integrating different varieties of data to enhance transparency, insights, and transform digitally to capitalize on data and innovate without boundaries.

Interoperable

Reliable & Resilient – your platform & partner for digital transformation without limits.

Simplify, Streamline, and Succeed

Experience a multitude of benefits that awaits

  • Establish a centralized hub to manage key procurement activities while granting role-based visibility into purchasing workflows.
  • Obtain an extensive and precise understanding of demand, orders, requisitions, and expenditure to aid in compliance, demand consolidation, and more efficient negotiation strategies.
  • Minimize duplication and usher in global uniformity across significant procurement stages without causing disruption in the everyday operations and systems of each business unit.
  • Consolidate compliance, process control, approval workflows, and document output management via a unified procurement control centre.
  • Consolidate and bundle requests to leverage the advantages of better volume pricing.
  • Identify and resolve quality issues before they impact the final product with real-time monitoring and data analysis.
  • Access to comprehensive vendor information facilitates purchasing managers in securing better contracts and leveraging economies of scale.
  • Centralizing all vendor-related data and projects within a single platform enables buyers to conveniently retrieve accurate and relevant information.
  • Real-time collaboration through the vendor portal streamlines document and idea sharing.
  • Precisely define costs for items requested in purchase orders, minimizing unexpected price fluctuations and discrepancies in invoices.

Prominent attributes to enhance your organization

Simplify and streamline your organization's complex processes with Nirmalya Enterprise Resource Planning, an all-in-one enterprise resource planning platform.

Vendor Management

Revolutionize the way you maintain relationships with your suppliers through our vendor management solution. With a central record storing all vendor-related information, purchasing managers can swiftly access the data they require, keeping supply chains consistently on track. By offering a dedicated online portal, collaboration and communication are simplified, eliminating the need for lengthy email exchanges. Monitor and optimize supplier performance with ease using the vendor scorecards feature, effectively reducing costs and ensuring top-notch quality. Experience the power of centralized vendor management and unlock new levels of efficiency in your business.

  • Ensure effective supplier risk management by diligently monitoring and addressing potential issues proactively, based on the relevant data analysis.
  • Simplify vendor management by centralizing comprehensive supplier information within their respective vendor records.
  • Empower purchasing managers with readily available insights on all items supplied by vendors to enable stronger contract negotiations and maximize cost-saving opportunities through economies of scale.
  • Easily monitor supplier performance through the utilization of a vendor scorecard, facilitating comparisons between vendors offering similar products and identifying strategies for optimizing procurement processes.

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Spend Management

Access to real-time, detailed data on enterprise purchases is essential for gaining valuable insights. Without this visibility, strategic sourcing efforts are hampered and hindered. Nirmalya Enterprise Platform Suite’s Spend Analysis tool efficiently cleanses, validates, classifies, and reports spend data from various source systems, providing accurate and actionable information with detailed visibility down to individual items throughout the organization. Utilizing AI-based technology enables users to gain a clear understanding of their spending habits, identify key spenders and areas of expenditure, and ensure optimal return on investment.

  • Classify and analyse spending data to support activities within the source-to-pay cycle, such as spend management, supplier management, and savings project management.
  • Move from a line item to an enterprise view with a single click, set spending thresholds, and receive real-time spending alerts.
  • Utilize extensive analytical reporting and business intelligence features for comprehensive insights.
  • Enhance cost-saving opportunities according to your procurement strategy.

Savings Management

Nirmalya Enterprise Platform Suite’s Savings Tracking tool enables real-time visibility into cost-saving initiatives, eliminating data capture errors and redundancy. Savings Tracking toolfacilitates planning, executing, and tracking multiple projects simultaneously in one interface. Users can plan savings projects, set targets, define milestones, capture results, and measure performance. It offers a life cycle view of cost-saving activities from ideation to realization, helping organizations manage and validate savings effectively. Savings Tracking toolallows monitoring and managing savings pipeline conveniently from any device. Users can create new savings projects based on spend analysis insights, collaborate with colleagues, and set targets for negotiating savings.

  • Collaborate with colleagues from different functions and locations to identify, initiate, and implement new savings projects.
  • Develop estimated spending and anticipated savings for projects, and establish timelines to meet set targets.
  • Utilize automated data consolidation from diverse sources to identify and report on negotiated savings.
  • Customize risk levels to monitor potential delays and reductions in achieved savings across categories, business units, regions, or individual projects.

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Sourcing Management

Nirmalya Enterprise Platform Suite offers a robust and efficient set of sourcing tools for enterprise procurement teams. By incorporating best practices into a single platform, this cloud-native solution helps organizations streamline processes, automate tasks, and increase competition. Focusing on risk management and value maximization, it enables long-term savings, simplifies supplier evaluation, and enhances sourcing events for better results. In a competitive procurement environment, its user-friendly interface and collaborative features make supplier evaluation, RFP authoring, and contract awarding easier. By using these tools, businesses can access supply markets, boost competition, and get the most value from their expenses.

  • Increase revenue potential by thoroughly analyzing all quotes and gaining insight into vendor projects, enabling buyers to negotiate more favorable terms.
  • Boost transparency by offering convenient access to relevant data within the vendor record, streamlining the information retrieval process for buyers.
  • Streamline buyer operations by leveraging existing purchase agreements and open purchase orders to reduce lead times and minimize manual input, improving overall efficiency.
  • Efficiently identify, assess, and approve new suppliers, optimizing your sourcing processes to secure the most advantageous agreements for your organization.

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Contract Management

Nirmalya Enterprise Platform Suite offers a user-friendly procure-to-pay platform to streamline purchasing processes, enhance compliance, and reduce cycle times. The platform covers requisition to approval, automated matching, supplier communication, payments, and reporting with easy implementation and legacy integration. It aims to boost adoption and spend under management by providing a consumer-like purchasing experience that simplifies the buying process and improves contract utilization. With intuitive design and minimal training required, users can quickly adapt to the system and efficiently connect requisitions to purchasing and payables for a successful procurement experience.

  • Enhance contract administration efficiency and approval process by utilizing digital signatures.
  • Easily include terms and conditions from pre-approved clause libraries instantly.
  • Simplify contract authoring with features like audit tracking and version control.
  • Gain comprehensive insight into contract status enterprise-wide with executive dashboards.

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Procure-to-Pay

Nirmalya Enterprise Platform Suite offers a user-friendly procure-to-pay platform to streamline purchasing processes, enhance compliance, and reduce cycle times. The platform covers requisition to approval, automated matching, supplier communication, payments, and reporting with easy implementation and legacy integration. It aims to boost adoption and spend under management by providing a consumer-like purchasing experience that simplifies the buying process and improves contract utilization. With intuitive design and minimal training required, users can quickly adapt to the system and efficiently connect requisitions to purchasing and payables for a successful procurement experience.

  • Streamline all subsequent procedures through automation to decrease processing time, efforts, errors, and paper usage.
  • Examine expenditure trends based on category, supplier, or location to pinpoint potential cost-saving prospects.
  • Generate bids for bulk or expensive items and transform them into strategic sourcing activities.
  • Establish a comprehensive audit trail to document pertinent data throughout the invoicing process.

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Dashboard and Analytics

Nirmalya Enterprise Platform Suite offers a contract management tool that streamlines and simplifies the process of creating, managing, and monitoring contracts. This tool reduces time, effort, and paper usage, leading to increased contract utilization and improved spend compliance. It provides end-to-end contract management capabilities, from initial request to long-term maintenance and analysis of performance, resulting in smarter and faster work processes. Collaboration between procurement, legal, sales, and other stakeholders is enabled, ensuring effective contract compliance and utilization. With features like automatic document creation and customizable configurations, organizations can maximize the value of their contracts and drive savings.

  • Enhance contract administration efficiency and approval process by utilizing digital signatures.
  • Easily include terms and conditions from pre-approved clause libraries instantly.
  • Simplify contract authoring with features like audit tracking and version control.
  • Gain comprehensive insight into contract status enterprise-wide with executive dashboards.

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Resolving a wide range of challenges

Processes

Increase efficiency and accuracy by seamlessly connecting procurement transactions with vendor records, goods receipts, and billing documents.

Collaboration

Effortlessly navigate the flow of items by automatically determining their destination upon order receipt and triggering workflows to facilitate smooth material and process movement.

Cost Optimization

Gain better control of expenditures through systematic approvals, obtaining valuable insights into spending habits, and eliminating any superfluous or non-compliant purchases.

Communication

Vendor portal serves as a centralized platform for effective communication and collaboration between vendors and buyers.

Compliance

Ensure vendors comply with regulations and corporate standards, measures are taken to educate and inform them about the requirements.

Spending

Streamlining purchase processes though approval matrix to ensure that purchase requests are sanctioned before being converted into orders.

Accuracy

Mobile scanners can be configured to scan upon order receipt, ensuring that all essential data is accurately captured before items are received.

Streamline

Leverage existing purchasing contracts and blanket purchase orders, manual tasks associated with issuing new purchase orders to vendors minimized.

Performance

Efficiently oversee and evaluate supplier performance using streamlined workflows and scorecards for vendor performance assessment.

Nirmalya has empowered us to implement operational transformations seamlessly within our organization, leading to a significant reduction in the time required to conclude financial reporting activities at the end of each month. Moreover, by leveraging a unified platform, we have successfully streamlined our processes, achieving remarkable operational efficiencies.

N Kedarnath | CIO, Oriclean

Accelerated Value Realization

Our implementation strategy is designed to ensure that your business operations undergo a swift and seamless transformation, resulting in faster time to value. Our experienced consultants utilize a structured approach that combines extensive industry knowledge with the latest implementation techniques. This enables you to expedite the deployment of our powerful solution and experience a rapid return on investment.

Through our streamlined process, you can optimize productivity and streamline business processes with minimal disruption. We have consolidated the expertise gained from global deployments into a set of leading practices, providing a clear path to success and delivering rapid business value.

With Nirmalya, you can confidently expect to go live within a predictable timeframe through smart, stepped implementations.

How much does it cost?

Nirmalya offers its services to companies of all sizes, including startups, fast-growing businesses, medium-sized enterprises, large corporations, and non-profit organizations. We assist these companies in streamlining their operational capabilities without the need for significant capital and operational expenditures. By eliminating the burden of maintaining an Enterprise Resource Planning system, which typically involves investments in manpower, hardware, and software, we help companies focus on their core activities.

Our collaboration with companies involves an initial setup fee for implementation, followed by an annual license fee based on the modules chosen by the customer for implementation. As businesses expand, customers have the flexibility to incorporate new modules as needed.

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