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The VENDX Suite consists of modules that automate several procurement functions, and they are developed in line with customer requirements. It is a valuable stand-alone tool, and users can smoothly integrate it with their existing software environment.
• Identify cost effective suppliers • Identify suppliers for new products • Auto fetching of Purchase Requisitions from ERP • Auto aggregation of every line item of Purchase Requisitions on line item, category, destinations and vendors • Facility to add new PRs of the same line item to ongoing RFQs • Ease of floating multiple RFQs of different categories & destinations involving multiple suppliers
PAT Rating™
Editor Rating
Aggregated User Rating
Rate Here
Ease of use
7.7
8.4
Features & Functionality
7.6
8.0
Advanced Features
7.5
8.4
Integration
7.6
8.0
Performance
7.7
9.0
Customer Support
7.5
8.0
Implementation
8.0
Renew & Recommend
8.0
Bottom Line
VENDX is a software solution that fits painlessly into procurement organization and delivers power to process procurement.
7.6
Editor Rating
8.2
Aggregated User Rating
1 rating
You have rated this
The VENDX Suite consists of modules that automate several procurement functions, and they are developed in line with customer requirements. It is a valuable stand-alone tool, and users can smoothly integrate it with their existing software environment. Companies can be up and run with Vendx suite almost immediately since it doesn’t require implementation time and very minimal training for the user.
To use VENDX software, the company suppliers are just required to input an email id, and they can start responding on Vendx from day one. The software solution fits into company’s procurement organization. The tool is easy to prioritize the negotiation and control aspects of the purchase process while making sure that administrative tasks become easier and more thorough.
VENDX is a full-featured procurement solution available in the company’s browser no matter where they are, and the software can be operated from any part of the world. And this significantly reduces the transaction backlog and enables speedy decision making. Companies can evaluate supplier’s bids based on technical as well as commercial parameters, and they can also create multiple specialized bid templates to collect relevant data for any line item from their suppliers.
The VENDX Suite purchase requisition tracking assists the buyer to consolidate and float many PR’s of different categories and destinations involving multiple suppliers in a single transaction thus facilitates buyer with sufficient time for improved negotiations.
It also maintains track of every PR/line item to ensure timely purchases. The R2I which is an inbuilt smart tool allow users to check trends related to prices of essential material inputs and helps in building better insight into supplier’s strategies or identifying reasons for abnormal pricing.
Optimum decisions are the outcome of timely information, insightful analytics & instant visibility on spend.
Company size
Medium (50 to 1000)
User Role
Executive
User Industry
Manufacturing
Rating
Ease of use8.4
Features & Functionality8
Powering the procurement process, VENDX comprises of various engines. These components come together to seamlessly integrate with your current sourcing environment. It ensures best response from the qualified suppliers through their highly responsive support which generates desired confidence in suppliers to provide their best bids.
Advanced Features8.4
Integration8
Customer Support8
Implementation8
Renew & Recommend8
ADDITIONAL INFORMATION No possibility of human errors in complex landed cost calculations and assured computation of correct total cost of ownership.
Optimum decisions are the outcome of timely information, insightful analytics & instant visibility on spend.
Medium (50 to 1000)
Executive
Manufacturing
Powering the procurement process, VENDX comprises of various engines. These components come together to seamlessly integrate with your current sourcing environment. It ensures best response from the qualified suppliers through their highly responsive support which generates desired confidence in suppliers to provide their best bids.
ADDITIONAL INFORMATION
No possibility of human errors in complex landed cost calculations and assured computation of correct total cost of ownership.