Tradogram

What is Tradogram?

Tradogram is a comprehensive, all-in-one procurement software designed to automate and streamline the entire purchasing lifecycle. As a cloud-based platform, it provides organizations with the tools to manage everything from initial requisitions to final invoice payments. The core purpose of Tradogram is to centralize procurement activities, offering complete visibility into company spending, improving operational efficiencies, and delivering significant cost savings. It empowers businesses to take control of their source-to-pay process, enabling teams to move away from manual tasks and focus on strategic priorities that drive business value.

Why Choose Tradogram?

• Complete Spend Visibility: Gain 100% visibility into spend data and track budgets in real-time, allowing for more informed and strategic financial decisions.
• Accelerated Cycles: Achieve up to 3 times faster purchasing and approval cycles by automating workflows and eliminating manual bottlenecks.
• Significant Cost Savings: On average, users realize 20% cost savings through procurement automation, better supplier negotiations, and waste reduction.
• Enhanced Collaboration: A free, integrated supplier portal improves communication and collaboration with vendors, strengthening partnerships and streamlining transactions.
• Centralized Control: Consolidate all procurement-related data, documents, and communications onto a single platform for improved governance and easier audits.

Advanced Features of Tradogram

Administrative Procurement Tools

• Multi-level Management: Structure your company's departments and branches within the system to mirror your real-world operational hierarchy.
• User Permissions: Assign custom permissions and access rights to individual users, ensuring data security and proper segregation of duties.
• Supplier Management: Consolidate your approved supplier list, track performance metrics, and manage vendor relationships effectively.
• Items Catalog: Import, organize, and manage your company's list of items and services in a centralized, easily accessible database.
• Custom Approvals: Design and implement highly configurable, multi-stage approval workflows for requisitions, purchase orders, and invoices.
• Budget Tracking: Create and assign budgets to different departments or projects and monitor spending against them in real-time.
• Report Builder: Generate custom reports to analyze spend data, track key performance indicators, and gain actionable insights.

Operational Procurement Tools

• Requisitions: Allow employees to submit purchase requests through simple internal forms, centralizing all purchasing needs.
• Purchase Orders: Create, customize, and issue professional purchase orders to improve accuracy and efficiency.
• Strategic Sourcing: Utilize Request for Quotation (RFQ) and Request for Proposal (RFP) tools to improve supplier negotiations and secure better pricing.
• Receiving: Track the delivery of goods and services, easily identify discrepancies, and manage goods received notes (GRNs).
• Invoice Management: Reconcile supplier invoices against purchase orders and receiving records in seconds, facilitating a seamless 3-way match.
• Contract Management: Store and manage all supplier contracts in a central repository with alerts for key dates and renewals.

Modules of Tradogram

• Requisitions Module: For managing internal purchase requests.
• Purchase Orders Module: For creating and managing official orders.
• Expenses Module: For submitting and reimbursing employee expenses.
• Sourcing (RFx) Module: For managing RFQs, RFPs, and supplier bids.
• Receiving (GRN) Module: For tracking order fulfillment and deliveries.
• AP Invoices Module (OCR): For processing and matching accounts payable invoices.
• Contract Management: For a centralized repository of supplier agreements.
• Inventory Management: For tracking stock levels and reorder points.

How to Use Tradogram?

1. Setup and Configuration: Administrators set up the company structure, define user roles and permissions, configure approval workflows, and import supplier and item data.
2. Create a Requisition: An employee identifies a need and submits a purchase requisition through the platform for internal approval.
3. Source from Suppliers: If required, the procurement team uses the Sourcing module to send RFQs to approved suppliers and evaluate bids.
4. Issue a Purchase Order: Once a requisition is approved and a supplier is selected, a formal Purchase Order (PO) is generated and sent to the vendor.
5. Track Receiving: As goods or services are delivered, the receiving team records the delivery in Tradogram, noting quantities and identifying any discrepancies.
6. Reconcile Invoices: The accounts payable team receives the supplier's invoice and uses the system to perform a 3-way match against the PO and receiving records before approving payment.

Tradogram Price

Tradogram price starts at USD 99 per month at Techjockey. The pricing model is based on different parameters, including extra features, deployment type, and the total number of users. For further queries related to the product, you can contact our product expert and learn more about the pricing and offers.