Proctrix VS VENDX by MavenVista

Proctrix Procurement software automates and streamlines the processes of eSourcing, Spend Analysis, Contract Management, Supplier Management, Financial Savings Management, and Purchase Order creation.

Proctrix is the go-to sourcing and procurement solution for mid to large-sized companies. Companies use Proctrix to manage the procurement process with its thoughtful workflows on bid management, reverse auctions, contract management and supplier management.

CPOs, CFOs, Purchase Heads and Procurement Managers have been able to implement Proctrix across teams to gain better spend visibility and collaborate effectively across the procurement value chain.

Proctrix's powerful procurement suite provides procurement teams the necessary tools to drive profitability and make decisions faster with more transparency.

VENDX is a software solution that fits painlessly in your procurement organization. This tool very easily prioritizes the Negotiation and Control aspects of the purchase process while making sure that administrative tasks become easier and more thorough. VENDX is a valuable stand-alone tool, but just as smoothly integrates with your existing software environment.

You can be up and running with VENDX almost immediately since we need minimum implementation time and very minimal training for the user. Interestingly, to use VENDX your suppliers just require an email id & can start responding on VENDX from the day one most intuitively!

To aid the buying process we have:

Price Discovery Strategic Negotiation Landed Cost Computation Forward Auction Reverse Auction (On Landed Cost) Supplier Behavior Analytics Supplier Community Management

Most importantly, the VENDX platform can be operated from any part of the world 24X7X365. This significantly reduces the transaction backlog and enables speedy decision making!