Increase competition by tapping into mjPRO’s ocean of 70000 + supplier base
Suppliers are key to provide the buys & services needed for any organization. Very often we find organization grappling with only a small group of suppliers.We have also seen our clients approach us to help them with the issue of arresting cartelization in some specific categories. The answer to this lies in vendor rating.
Complete integrated PR-Payment module
mjPRO has wide array of functionalities starting from purchase requisitions creation, aggregation,
splitting. Flip to RFQ is a feature that enables creation of RFQ in no time, despite having the
functionality of creating an RFQ from scratch. Our templates and auto evaluation makes procurement faster. mjPRO also facilitates
Leverage mjPRO Auction Engine to achieve best price
mjPRO provides a seamless auction engine with the RFx module. The bids received in the RFx
module gets passed into the auction engine where in by default L1 of the bids received is used as start bid price for the auction. mjPRO has a wide variety of auction strategies basis which different
procurement scenarios can be handled.
AI & ML enabled auto RFQ
Auto RFQ is a feature where the e-Procurement System is able to recreate the RFQ through Machine
Learning (ML), for items which have been bought, not a long time back, replicating the same RFQ
conditions & vendors as used in the previous transaction. Traditionally a buyer creates an online
Suppliers can securely bid on mjPRO also via eMail
In addition to user friendly bidding facility in the portal, mjPRO is equipped with features like RPO
based excel bidding. Suppliers, without login into the portal, can bid using a simple excel format & mail facility. This minimizes the urgency in vendor training & makes onboarding of suppliers fast and easy.
Spend Analytics and Dashboards for data driven procurement
mjPRO is armed with an in-built analytics engine which can select any data point for users to prepare
various dashboards as required. Data representation in normal bar graphs, pie, concentric circle,
marimeko or any other form is easy and effective in mjPRO.