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VENDX

Sold by : MavenVista

PRICE ON REQUEST

(4.2) (2 VENDX Reviews)

76%

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About VENDX

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 are just required an email id & can start responding on Vendx from the day one most intuitively 

Sold By : MavenVista

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VENDX Features

Simplify transactions of huge volume of B&C categories of purchases Improves Negotiation abilities based on consolidated spend on a specific supplier More time for negotiations due to instant insight on required actions Reduction of Lead time resulting into lower inventory carrying cost
Find out savings opportunities and make more confident decisions with our robust spend analysis tool. By using VENDX spend analysis you can get clearest insight into your organization’s wide spend and you can smartly classify & group your purchases as per your requirement. It also allows close control on budget and reflects savings or excess spend against budgeted spend.
VENDX is a fully integrated end-to-end procurement solution which can be seamlessly integrated with your existing ERP thus eliminates custom work of uploading CSV files and makes your PR to PO process much faster and smarter. The power behind our integrated solution is its incredible flexibility and simple architecture.
One of the most important and useful tool to design your negotiation strategies is VENDX Dashboard which graphically represents negotiation behavior of suppliers, transaction trends, Price trends and many more to make your every buying decision a better informed decision
Best possible internal control on every decision Simplified Audit Reduced chances of Fraud Huge savings of time of resources due to painless and effortless access to all documents and justifications for audit Higher comfort for honest & sincere buyers
Huge savings of time in transactional & administrative tasks and follow ups Superior Negotiation strategies leading to better price discovery No possibility of human errors in complex landed cost calculations and assured computation of correct total cost of ownership Instant visibility on entire transaction (Ongoing & Historical) Reduction in lead time to optimize buying process
Simplifies for the buyer Pre & Post Auction activities thru automation of the entire process Extremely easy interface leads to frequent usage of auctions & Active vendor participation leading to superior price discovery Superior design of auctioning strategies due to flexible and comprehensive rule engine Reduced misunderstanding with vendors due to track of all actions of vendors Brings strategic approach thru various analytics and reports Reduces administrative cost significantly
Timely approval of decisions Superior decisions due to instant availability for all relevant parameters & analytics relevant to the decision Superior compliance to SOPs Huge savings of time due to paperless decision approval process without involving manual follow ups & restrictions of geography centric presence of approvers Superior control on budgets due to alerts to approvers/ authorizers for compromised budgets More decentralization of decisions due to high level of system driven accountability

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VENDX Specifications

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VENDX Reviews

76% Highly Recommended

OVERALL 4.3 star-icon

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Customer Feedback

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We love to hear from our buyers! If you have used the solution already, why not share your thoughts and help others make the right purchase.

ithelpdesk ithelpdesk

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they provide great service

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Oct 2 2017

BISWANATH SAHA

Position: User

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Reliable Internet source of software.

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Sep 25 2017

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