PROCUREMENT    STPI,SEZ & CT3    TRACKING    DEPRECIATION    CMMS   NETWORK INVENTORY    SPACE MANAGEMENT

1. Budgeting & Procurement

a) Budgeting

If you are in an Industry managing huge budgets and want to automate your processes efficiently - TRAXX is what you need.

Budgets are affected based on your configuration on either of the following points:

• On final approval
• On placing the order

b) eProcurement

Our Procurement Module takes care of end-to-end procurement cycle. It consists of the following Sub Modules:

E-Requisition
Approval Management
Workflow Vendor Management
RFQs and Quotes
Purchase Order/Work Order

i) eRequisition

With our eRequisition system, the whole process of placing an order is simplified as it is web-based.

Your employees can just fill in a predefined form designed based on the current system you follow. This makes transition all the more easy and makes most of your employees use the eProcurement system.

Features:

Simple form based request
Configurable form format

ii) Approval Management Workflow

Approval management is the heart of your procurement system.  You want the right people to review and approve purchase requests before you make the commitment to buy.  Your business rules might be complex. But with Traxx, every rule, from management hierarchy to self-approval to condition-based scenarios, is configured through the user interface.

Our multi-hierarchy approval work flow can be configured exactly to your current work flow process. Workflows can be defined based on requested quantity, material or value.

Features:

• Multiple Hierarchy
• Workflow configurable based on different parameters
• Alternate configuration for members in a hierarchy
• Consideration of budget as a parameter

iii) Vendor Management

It is just as important to communicate with your suppliers and vendors as it is to communicate with your customers. Establishing the proper communication channels and information flow between you and your suppliers can lead to increased efficiency, reduced cost and better customer service.

Traxx efficiently organizes standard vendor information into a single comprehensive system that provides easy access, review and retrieval of records.

Vendor management module captures details which is necessary from all your vendors. You can use Traxx to configure methodologies of vendor approval. It can also store rate cards from various vendors for immediate use.

Features:

• Vendor Details
• Vendor Approval
• Vendor Ratings
• Rate Cards

iv) RFQs and Quotes

Creating a Request for Quotes(RFQs) needs to be feasible. If generating a list of potential suppliers or gathering all the related information takes too long.Users tend to fall behind and in turn, your company is losing out on the opportunity for savings provided by competitive bidding. Traxx makes creating a RFQ as simple as creating a requisition. In fact, any requisition can be converted into a RFQ in just one click.

Features:

• Generate RFQ
• Send RFQ electronically
• Compare Quotes by terms and value

v) Work Order

Work Order generation is a siple single click procedure. Just choose a shortlisted vendor and send him the PO electronically or you may also choose to print a hard copy. You may also capture reasons for awarding the order to a particular vendor.