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 

VENDX Specification

Deployment

  • Web

    web-based

Operating system

  • linux

    Linux

  • mac

    Mac OS

  • W

    Windows

VENDX is best suitable for

Size :

1-10

11-15

16-200

201-500

501-1000

1001-5000

5000+

Organization type :

SMEs

Mid Market

Enterprise

Govt

PSUs

Startups

Agencies

Industries :

  • All Industries

About MavenVista

A “Maven” is a trusted expert, keen to pass the knowledge for the benefit of others, while “Vista” is a vision into the future. Together MavenVista is a commitment to deliver a high quality, updated and innovative service to build better procurement organizations of the future. MavenVista Technologies Pvt Ltd (An ISO 9001:2008 certified company) (earlier known as ebizchem Pvt Ltd) is a team of procurement process experts and technology professionals. We deliver intuitive software solutions to “power” your procurement process with the experience of industry veterans and the commitment of a service organization. With our sole focus on Procurement Solutions, MavenVista has evolved VENDX, the state of the art e-sourcing platform with the support of highly experienced procurement professionals and very competent technocrats to provide a comprehensive and most realistic sourcing solution. 
view more products by MavenVista

Features of VENDX

  • 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

VENDX plans and pricing

Web-based

VENDX

PRICE ON REQUEST

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

VENDX alternatives

nTirePMS

nTirePMS

e-Procurement suite

e-Procurement suite

DeltaBid

DeltaBid

VENDX Reviews and Ratings

Add Review
User

ithelpdesk ithelpdesk

they provide great service

Overall

2nd October, 2017

Ease of Feature

Ease of Use

Value for money

Customer Service

  • Pros -
  • Techjockey saved us a lot of time by suggesting a few programs that would work for us.
  • Cons -
  • No Cons
User

BISWANATH SAHA

Reliable Internet source of software.

Overall

25th September, 2017

Ease of Feature

Ease of Use

Value for money

Customer Service

  • Pros -
  • Had a great experience. Our service agent was very knowledgeable and wanted to now how to help our organization. It was wonderful and would use again if we have a need!
  • Cons -
  • No Cons

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