Rekochain

What is RekoChain?

RekoChain is a supplier collaboration platform that revolutionizes procurement by integrating Blockchain technology, Smart Contracts, Artificial Intelligence, and Machine Learning. Its advanced features and intelligent capabilities streamline the procurement process, from sourcing to finance.

The blockchain platform automates and digitizes various tasks, including supplier selection, RFQ management, purchase order generation, and invoice processing. By leveraging Blockchain technology, it enables secure and tamper-proof transactional data storage.

It enables automated and self-executing agreements for intermediaries for faster and more reliable contract management.

The supplier collaboration software analyzes supplier performance, detects patterns, and provides recommendations for optimized decision-making. It allows businesses to collaborate with suppliers, streamline communication, and ensure timely delivery of goods and services.

Why Choose RekoChain?

RekoChain is a supplier collaboration platform that facilitates and streamlines collaboration between suppliers and their customers. The software facilitates the management of requests for information (RFI), requests for proposals (RFP), and requests for quotation (RFQ) processes. It monitors and tracks supplier performance metrics, such as delivery timeliness and product quality, to ensure consistent supply.

The blockchain software analyzes historical data and market trends to forecast future demand, optimize inventory levels and minimize stockouts. It empowers vendors to manage their profiles, submit bids, and track performance through a self-service portal. The platform supports contract negotiation processes by providing insights, data, and analytics for informed decision-making. It provides a dedicated portal for suppliers to access and update information, collaborate on orders, and track delivery status.

Benefits of RekoChain Blockchain

• It streamlines the purchase requisition process to ensure timely and accurate request submission and approval.
• It simplifies the onboarding process for new suppliers, including registration, documentation, and qualification.
• It analyzes spending data to identify cost-saving opportunities, optimize procurement strategies, and negotiate better contracts.
• It helps objectively evaluate and rate vendors based on predefined criteria to foster continuous improvement and vendor selection.
• For easy access, it allows users to centralize and manage procurement-related documents, such as contracts, agreements, and specifications.

RekoChain Pricing

RekoChain pricing is available on request at techjockey.com.

The overall pricing model is based on different factors such as personalization, extra features required, total users, and the deployment type. Please feel free to request a call from our product experts if you want to learn more about our subscription plans or premium package deals.