PRM360

What is PRM360?

PRM360 is a comprehensive, cloud-based procurement solution that streamlines the entire procure-to-pay lifecycle for businesses across various industries. Powered by artificial intelligence, this platform offers a complete digital transformation of procurement and strategic sourcing, enabling organizations to cut down on manual efforts, reduce maverick spending, and maximize return on investment

Highlights

• E-Auction System: A highly effective real-time e-auction tool that supports various auction types, such as reverse, logistics, and forward auctions, to help businesses maximize profits
• Contract Management: Automates the entire end-to-end contract lifecycle, eliminating manual efforts and unproductive time to optimize ROI
• Catalog Management: An intuitive catalog management software that streamlines data management of products, categories, and more, with a comprehensive dashboard to manage catalog activity and updates
• eInvoicing Management: Redefines the invoice handling process, streamlining workflows to make the process completely effortless and eliminating the complexity of paperwork
• Spend Analysis: Helps track procurement spending, identify trends, risks, and optimization opportunities to reduce maverick spend
• Savings Tracker: The real-time savings tracker software outlines the lifecycle view of financial and material savings, enabling CFOs to gain insights on direct and indirect spending
• Project Management: Offers a complete digital transformation across the entire source-to-pay lifecycle by automating purchase requisition, finance approvals, and data analytics validation
• Vendor Management: Helps businesses keep track of all vendor and supplier data in one place, evaluate their performance, and select the right partners.