LAUNCH YOUR
E-procurement marketplace

Summary

  1. Why should I build an E-procurement marketplace for my company?
  2. How an E-procurement marketplace work?

1

E-procurement marketplace

An e-procurement marketplace is an online platform that facilitates the process of purchasing services for organizations and businesses. This type of marketplace is designed to streamline the procurement process, making it more efficient, cost-effective, and transparent. E-procurement marketplaces are particularly useful for companies looking to manage their purchasing processes digitally, from finding suppliers to completing transactions.

2

Discover the e-Procurement Marketplace features

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Onboard, validate and manage your vendors

  • View and review vendors through the VMS (Vendor Management System)
  • Reduce workloads through vendor self-onboarding
  • Automate vendor identity verification
  • Be the gatekeeper with ultimate procurement validation and vetting workflows
Encourage positive competition

  • Ensure that vendor density drives prices down without sacrificing quality
  • Reward positive vendor behavior well beyond price competitivity
  • Clearly display positive (and negative) reviews
  • Rank vendors by performance including 14 criteria of which response times
Build on vendor data

  • Build a clear picture of your vendor base
  • Align expectations of quality output compared to price
  • Identify vendors capable of last minute jobs
  • Understand the geographic scope of your vendor’s services
  • Share vendor KPIs with concerned stakeholders
Activate purchase-to-pay for your services

  • Automate vendor payouts on completion or at milestones
  • Elegantly manage term changes on the fly
  • Align terms & conditions on all transactions
  • Delegate validation processes to different stakeholders through an e-procurement marketplace
  • Centralize vendor self-onboarding and vetting
Enable autonomous purchasing teams

  • Activate self-service e-procurement without relinquishing oversight
  • Setup purchasing teams and appropriate permissions
  • Let business units handle purchases within your guidelines
  • Centralize purchasing KPIs in a single e-procurement marketplace dashboard

WANT TO SEE A DEMO FOR YOUR E-Procurement MARKETPLACE?

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TESTIMONIALS

  • Qianying Liu

    scnd has been an indefectible partner in showing us the way to commercial and operational success through each stage of the development of our Engineering Services Marketplace.

    Qianying Liu

    Team Leader at Siemens Energy

  • Lionel Cardoza

    I rate scnd 10/10. I appreciate that they recommend native solutions to limit the developments

    Lionel Cardoza

    Senior Product Manager at Tide

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READY TO SEE YOUR MARKETPLACE LIVE

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