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eSourcing

An innovative eSourcing solution that allows companies to think beyond Reverse Auctions!

Our Products

eSourcing

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An innovative eSourcing solution that allows companies to think beyond Reverse Auctions!
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eSourcing

  • A spreadsheet-feel to building complex pricing sheets making it easy for both buying teams and suppliers
  • Drag-and-drop question types to build Questionnaires with an ability to score supplier responses
  • Dynamic assessment of supplier bids as soon as they are submitted
  • Real-time team collaboration
  • Approval of award scenarios via configurable workflows
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  • Highly configurable reverse and forward auctions to achieve a high ROI
  • Transformed Bids to compare suppliers on non-price parameters
  • Supplier-specific ceiling prices ensuring no pre-auction savings are lost
  • Block suppliers from participating in sourcing events
  • Multiple feedback options to suppliers during a live auction
  • Mobile-friendly interface for suppliers to participate in auctions
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Reverse
Auctions

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Supplier
Management

  • Easily manage supplier information
  • Approve and reject supplier categories, provide dynamic feedback to sourcing buyers
  • Tag suppliers as preferred or undesirable, alerting all users on the solution
  • Block suppliers from participating in sourcing events
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  • Contract Repository
  • Alerts to track expiry dates
  • Renew contracts and maintain history
  • Assign and manage contract tasks
  • Close the loop on sourcing discussions and contractual obligations with suppliers
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Contract
Management

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Consulting
Services

  • Program Management support to translate solution capabilities into successful outcomes
  • Expert insights to decide on the right sourcing event formats for strategic categories
  • End user training
  • Event Management services for deeper support and ensuring no disruption to the existing setup
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Krinati is meant to simplify the sourcing process

Contract
Management

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An eSourcing solution that leverages knowledge management and team collaboration to deliver maximum value

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