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VENDX Suite
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VENDX Suite

Overview
Synopsis

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.

Category

Procurement Software

Features

• Transaction Engine
• Decision Authorization Engine
• Procurement Intelligence Engine
• Auction Engine
• Procurement Spend Engine
• Purchase Requisition Engine
• Audit Engine
• Financials Module

License

Proprietary

Price

Contact for Pricing

Pricing

Subscription

Free Trial

Available

Users Size

Small (<50 employees), Medium (50 to 1000 employees), Enterprise (>1001 employees)

Company

VENDX Suite

What is best?

• Decision Authorization Engine
• Procurement Intelligence Engine
• Auction Engine
• Procurement Spend Engine
• Purchase Requisition Engine

What are the benefits?

• 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.

You may like to read: Top Free & Premium Procurement Software and How to Select the Best Procurement Software for Your Business

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1 Reviews
  • Hayden
    November 28, 2017 at 3:26 pm

    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.

Ease of use
Features & Functionality
Advanced Features
Integration
Performance
Customer Support
Implementation
Renew & Recommend

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