Software Alternatives, Accelerators & Startups

Zinit VS Current SCM

Compare Zinit VS Current SCM and see what are their differences

Zinit logo Zinit

Zinit is a Dubai-based AI-powered B2B procurement platform that optimizes tail spend and helps enterprises cut costs by 15-30%.

Current SCM logo Current SCM

Procurement & materials management software
Not present

Zinit is a Dubai-based AI-powered B2B procurement platform that optimizes tail spend and helps enterprises cut costs by 15-30%. Operating in high-growth markets like India, Indonesia, and Malaysia, the company targets the $2T private enterprise procurement spend market with its 1-click cross-border procurement tech solution. This solution enables tenders to be completed 80% faster and boosts the process of winning bids for new suppliers by 50%. Founded by serial entrepreneurs Anton Buzdalin and Andrey Chernogorov, Zinit leverages their success with Bidzaar, a $15B GMV procurement leader in Eastern Europe. With plans to expand into Brazil, MENA, and Turkey, Zinit is redefining global procurement and making enterprise spending smarter, faster, and more transparent.

  • Current SCM Landing page
    Landing page //
    2023-08-22

Zinit

Website
zinit.com
$ Details
freemium $1.0 / Usage
Release Date
2022 December
Startup details
Founder(s)
Andrey Chernogorov, Anton Buzdalin

Zinit features and specs

  • Procurement digitalisation
    Digitalised procurement, availability to post and get the best tenders

Current SCM features and specs

  • User-Friendly Interface
    Current SCM offers an intuitive and easy-to-navigate user interface, making it accessible for users with varying levels of technical expertise.
  • Real-Time Tracking
    The platform provides real-time tracking of shipments and inventory levels, allowing for efficient management of supply chain operations.
  • Integration Capabilities
    Current SCM can be integrated with various other software and systems, facilitating seamless data exchange and process automation.
  • Customizable Features
    The solution is highly customizable, allowing businesses to tailor its features to fit their specific supply chain management needs.

Possible disadvantages of Current SCM

  • Cost
    The pricing for Current SCM can be high for small to medium-sized businesses, potentially limiting its accessibility to larger enterprises.
  • Learning Curve
    Despite its user-friendly interface, new users may still experience a learning curve when familiarizing themselves with the platform's full range of features.
  • Limited Offline Access
    Current SCM predominantly operates as a cloud-based solution, which can be a disadvantage in areas with limited or unreliable internet connectivity.
  • Customer Support
    Some users have reported that customer support response times can be slow, which might delay resolution of issues or questions.

Category Popularity

0-100% (relative to Zinit and Current SCM)
Supply Chain
100 100%
0% 0
Procurement And Purchasing
Productivity
0 0%
100% 100
Procurement
39 39%
61% 61

Questions and Answers

As answered by people managing Zinit and Current SCM.

How would you describe your primary audience?

Zinit's answer

Companies, Enterprises, CPO

What makes your product unique?

Zinit's answer

This solution enables tenders to be completed 80% faster and boosts the process of winning bids for new suppliers by 50%.

Who are some of the biggest customers of your product?

Zinit's answer

Uflex, L&T Financial Services, and Compass Group

Why should a person choose your product over its competitors?

Zinit's answer

and targets the $2T private enterprise procurement spend market. Zinit focuses on optimizing tail spend, which represents 30% of procurement value and 80% of all transactions, yet is often overlooked by major players like SAP and Coupa who prioritize core spend. Its AI-driven approach fills this gap with its 1-click cross-border procurement technology, allowing companies to complete tenders 80% faster while enabling 50% of new suppliers to win bids. Zinitโ€™s success-fee business model ensures zero upfront risk, making it an attractive solution for enterprises seeking cost efficiency and agility.

What's the story behind your product?

Zinit's answer

Founded by serial entrepreneurs Anton Buzdalin and Andrey Chernogorov, startup leverages their success with Bidzaar โ€” a leading procurement automation platform in Eastern Europe that connected over 1,000 buyers โ€” including 43 Forbes 200 companies โ€” and became an industry leader with an annual GMV of $15B. Zinit operates in traditionally underserved markets like India, Indonesia, and Malaysia, and targets the $2T private enterprise procurement spend market.

Which are the primary technologies used for building your product?

Zinit's answer

For Chief Procurement Officers (CPOs), technology serves as a procurement AI co-pilot, completely reshaping the industry. Over the next year, the company plans to open offices in Brazil, MENA, and Turkey, further strengthening its global presence. Its country-agnostic model enables rapid, profitable scaling, positioning Zinit as the first truly digital-first procurement platform in these markets.

User comments

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What are some alternatives?

When comparing Zinit and Current SCM, you can also consider the following products

Procurement Management Software - Wrench SmartProject

Lasso Procurement - Lasso is an all-in-one procurement platform that allows organizations to streamline their spend across the entire procure-to-pay process.

Microsoft Office Excel - Microsoft Office Excel is a commercial spreadsheet application.

TRADOGRAM - Tradogram is a cloud-based procurement management software that allows managers to control spend comfortably.

Online Procurement - Achieve effective procurement transformation with Online Procurement, the easy-to-use software solution that streamlines and optimizes purchasing and supplier management processes through automation and advanced analytics.

Procurify - Reinvent the way organizations spend to make the purchasing process more accessible, manageable and convenient.