Applitech Procure-IT is an end-to-end e-Procurement suite that lets organizations reduce cost and increase efficiency in the supply chain by interacting with suppliers electronically. Every stage of transactional purchasing, from sourcing through tendering, supplier evaluation, contract award, and payment, runs inside the platform, with full reporting for financial control, transparency, and audit.
Overview
Procure-IT applies electronic methods at every stage of the purchasing process, from identification of requirement through to payment and, where required, contract management. The e-Auctions module is a powerful web-based tool that enables efficient, open, and transparent bidding between pre-qualified suppliers competing on price.
Modules
- 01Electronic Requisition
- 02Electronic Contract Management
- 03Electronic Request for Quotation
- 04Electronic Forward and Reverse Auctions
- 05Electronic Catalogues and Rate Contracts
- 06Electronic Purchase Order
- 07Self Billing
- 08Online Payment Processing
Benefits of e-Sourcing and e-Tendering
- 01Standardized contracts and volume discounts
- 02Supplier consolidation with stronger supplier relationships
- 03Reduced tender cycle time, faster pre-qualification and evaluation
- 04Automatic rejection of suppliers that fail tender specifications
- 05Online clarifications during the tender period
- 06Less labor-intensive receipt and distribution of submissions
- 07Improved audit trail for tendering integrity and transparency
- 08Higher quality of tender specification and supplier response
System strengths
- 01Built on free and open-source software: J2EE, Linux, MySQL
- 02Supports a Java-based PKI signer
- 03Compatible with all CA digital certificate classes
- 04Browser-agnostic, runs on Windows and Linux
- 05Dynamic and flexible application with inbuilt workflow
Advantages
- 01Fully automated procurement process
- 02Shorter procurement cycle, system-aided evaluation
- 03Greater transparency, fewer human errors
- 04Lower storage cost, environmental impact, and administration overhead
- 05Improvement in work culture and progressive organization perception
Why Procure-IT
Public procurement and large private procurement are increasingly judged on transparency and auditability. Procure-IT brings the documentation, signing, and audit-trail discipline these processes require, while the reverse-auction module routinely delivers measurable savings against incumbent contracts.