Procure Avenue
The procurement function has become more complex than ever. Increasing number of organisations are automating their procurement process that would save both time and money. Aside from saving money and time, it is also crucial to keep spending under control and cultivate a positive and strong supplier relationship. However, if an organization continues to rely on paper-based and manual procurement process, they are missing out on the most significant advantage of procurement management software.
Bulwark Systems assists enterprises in a variety of ways, including the automation of essential operations and the creation of transparency throughout the procurement system. We, at Bulwark Solutions offer solutions which simplify sourcing and buying procedures. Bulwark Systems empowers clients across industries to automate the procurement process through rich domain knowledge and a flexible & agile workflow based procurement engine.
Our Products
With unprecedented domain expertise, Bulwark provides Procure Avenue, a dedicated end-to-end solution for various procurement operations such as vendor registration, e-tendering, Forward e-auction/ Reverse e-Auction, invoicing, etc..., coupled with strong security and compliance.
Procure Avenue was created expressly to meet the needs of the purchase department of businesses while conserving time and resources. Procure Avenue features interconnected modules that can be customised and provide solutions for small business to large corporate houses.
Module
eProcurement Suite
The modular design of this suite enables clients the freedom to choose the procurement solution modules that their organisation need, with the option to later add more when functionality is added. The Suite includes three key modules that cover the whole value chain of the procurement process and provide process and cost effectiveness.
eVendor Management System (EVMS)
The whole value chain of the procurement process is covered by the work flow automation provided by our eVendor Management System.
eAuctions
With our E-auction platform, selling and buying on is more dynamic than before. Bulwark has created the most advanced e-auction platform for worldwide procurement of goods and materials, allowing clients to sell or acquire goods/ items at reasonable pricing. We have built a robust auctioning platform that enables forward and reverse auction as part of the organization’s overall e-Procurement process
eTendering System
Bulwark’s eTendering platform is based on allowing electronic access to call for tender documents such as contractual documentation, technical specifications, annexes, questions and answers etc... to provide transparency and to effect significant reductions in processing time.
eInvoicing
Bulwark’s invoicing module offers Electronic Invoicing solutions to automate finance operations & leverage data for strategic outcomes. Through the solutions offered, they are focused on transforming the manual financial process, be it Account Payable and Account Receivables. Bulwark’s comprehensive e-Invoicing solutions help with document exchange, easier on boarding, faster payments, compliance with invoicing regulations etc...
Features
- Secured Encrypted System.
- Compatible with all popular browsers.
- Intuitive & efficient used interface.
- Audit Trails.
- Global Business Support.
- Multi Company / Inter Company.
- Simple to Set-up and Utilise.
- Integration with conventional ERP systems is straightforward.
- Structured electronic documentation with automated report generation.
Benefits
Connect
All users receive uniform quotations that are generated by the system. Consolidate supplier information and performance reports at a centralized platform to give easy access to all departments at your organization.
Unparalleled Visibility
Due to the minimal interference by departments, the manual tempering of data is practically nil.
Risk Mitigation
Encryption and password management prevent unauthorised or fraudulent approvals. Minimize your business’s volatility and risk by acting on the first signs of trouble. Keep tabs of supplier performance against your benchmarks and get real-time tracking updates on your device.
Automation
Versatile reports are generated, and dashboards are customizable. Our solution offers smart analytics to aggregate key metrics like supplier profiles, scorecards, audit reports, and assessments at one place and derives positive outcomes.
Efficiency
A verifiable reduction in the workload required to manage various procurement and tendering processes, including auctions, leads to increased efficiency. Ensure optimal results and cost optimization by digitizing supplier metrics. Drive greater value with data-driven decisions enabled with smart dashboards and customizable reports.
Compliance
Global reach and automated solutions aid in ensuring price, supplier, and payment policy compliance.
Result
It shortens the purchasing cycle by 40% or more. For the final choice, a full comparison report is provided. Collaborate with suppliers in real-time to exchange documents, resolve issues, and manage approvals through a two-way communication portal.
Client Centric Solution
eProcurement Suite helps to streamline purchase process and control business spending. By integration of eProcurement Suite Sourcing & Procurement Platform, we have helped clients to save 25 – 45% of their spending.
Procurement Operations are automated and simplified using the e-Procurement Suite. The service provides a framework for implementing procurement strategies.
Our solutions help the client expand their reach with new suppliers and with the help of supplier performance data understand supplier views and get an overview of their network. The in real-time communication with suppliers helps in faster decision making saving resources of the client.
Generation of multi line proposals & quotes streamlining workflow across diverse locations & suppliers.
The accurate electronic documentation helps to reduce the paper work and the error margins. The eProcurement Suite is designed to integrate with the ERP systems and offer better sourcing results. The result oriented solution, enables to review and reconcile the data, accurately and help in the elimination of manual process.
