To effectively select vendors, effortlessly post requirements, efficiently evaluate vendor’s technical and commercial offerings, a new e-procurement product — PRM360 has been launched.
The seamless integration of PRM360 and customisation as per client’s needs can ensure 15% net saving on account of online bidding and over 70% savings on man hours due to auto-quotation follow-ups and comparison of the quotes, said Nitesh Reddy, Founder & CEO, and Ravi Kumar, CO-founder & CMO, Acads360 India Pvt Ltd.
They said the product brings in several advantages for an organisation like savings on expenditure, as auto negotiations drives huge savings and transparency in procurement cycle.