RfxProcure
RFx Management & Strategic Sourcing
RFx Process Optimization
Energica’s RFx Procure to manage, track and report all RFx related initiatives with a centralized repository with seamless workflow capabilities.
Today’s technology has introduced the possibility of streamlining the process and increasing overall effectiveness in responding to RFPs.
Our RFx Procure solution provides a cloud based centralized RFP workplans, supplier on-boarding, traversing thru the RFx workflow processes, opportunity to respond back on RFx by vendor responses, eliminates organizational data silos resulting an effective decision management on the Strategic Sourcing Value Chain.
The Challenges
Managing the 3rd Party Suppliers, IT Service Providers, Extended Partner’s, GCCs and CSPs are becoming very critical considering the emerging risks in today’s multi geography, multi sourcing, multivendor environments for the buyer organization.
Monitoring Supply base Risks is very critical from Operational, Strategic and regulatory aspects.
Strategic Sourcing >> Procurement >> RFx Management
Effective supplier on-boarding, supplier relationship management, managing, tracking and reporting the various RFx initiatives and related events are very vital to the strategic sourcing | procurement function to deliver expected outcomes.
However, many buyer organizations are facing enormous amount of challenges of managing diversified information under one umbrella RFx tracker, supplier information, supplier responses etc…)
Additionally, RFP portfolio heads and subject-matter experts are now far better equipped to overcome the challenges that have plagued the industry for decades. While technology is making a significant difference in the way content is stored and discovered, an overhaul of the strategic function is also required for complete reform and transformation.
Strategic sourcing provides the single greatest opportunity to impact the cost, quality, and performance of the supply chain and is among the quickest paths to lower costs and improved revenues.
Procurement | Strategic Sourcing Transformation
Digital Platform
Seamless Collaboration with Internal and External Stakeholders
- Energica’s RFx Procure solution provides a flexibility of working across the organization to:
- Clearly define the RFP process and build logical workflows for their teams and content
- Manage the timeliness and relevance of content in a central location for easy access
- Flexibility of defining the specific RFx Objectives, goals, outcomes on individual RFPs
- Track progress of the RFx events
- Make your vendor onboarding process seamlessly
- Evaluate your supplier response and score it
- Track and report the RFx effectiveness and efficiency, and adjust processes across all RFP functional areas to deliver the greatest value
- Value Driven Strategic Sourcing
.
The Solution
Digital RFx Management Solution
Digital Platform
Seamless Collaboration with Internal and External Stakeholders
- Energica’s RFx Procure solution provides a flexibility of working across the organization to:
- Clearly define the RFP process and build logical workflows for their teams and content
- Manage the timeliness and relevance of content in a central location for easy access
- Flexibility of defining the specific RFx Objectives, goals, outcomes on individual RFPs
- Track progress of the RFx events
- Make your vendor onboarding process seamlessly
- Evaluate your supplier response and score it
- Track and report the RFx effectiveness and efficiency, and adjust processes across all RFP functional areas to deliver the greatest value
- Value Driven Strategic Sourcing
RFxPro - Key Features
Digital Procurement Plantform & Supply base
Integrate “Digital” pure players in the supplier ecosystem.
Cloud-based strategic sourcing
platform that automates
the enterprise buying process
for buyers and suppliers.
Seamless Collabaration
Engaging closely with internal stakeholders in business lines, quickly with innovative new vendors, and strongly with historical suppliers.
RFx Visibility
Provides the complete visibility of RFx across the enterprise.
Optimize efficiency of Procurement
Contraxia’ Obligation Management Module to keep track of your contractual obligations and customizable dashboards allow close tracking of important obligations, dates to minimize service disruptions, reports identify any deviations, issue-disputes arises out of your supplier
Minimize Supply base Risk
Proactive monitoring and mitigation of supply base risks.
Procurement Performance
Real-time visibility into category and supplier performance
RFx Analytics
RFx Analytics provides in-built Evaluation scoring for your RFx (sourcing strategy) to provide consistent RFx Rating Management.
Integrated Workflow
RFx provides a seamless collaboration across the key stakeholders via integrated workflow for internal procurement statekholders Rfx response review, and approval to ensure strict control from uploading the RFx Response to logical review and approval and establishes the audit trail across the RFx Lifecycle.
Analytics & Dashboard Reporting
RFx Procure provides you customized data driven deep insights from the RFx.
- Supplier Onboarding
- RFx Management
- RFx Vendor Response
- RFx Scoring
- RFx Dashboards
The Benefits
Gain a competitive advantage through Contraxia
Benefits & Value Proposition
Digital Supplier Management
Enteprise Digital Supplier, RFx Management Solution suitable for SME, MNC, Global Enterprise Buyer, Supplier and Data Center Organizations
Financial & Commercial Management (FCM)
Manage, track and report
- Budget Management
- Spend Visibility & Analytics (Post Contact Signoff)
- Supplier Evalaution Scoring
Value Driven Digital Transformation
Value Driven Digital Transformation
Advanced Analytics
Worklfow & Role Based Access
API Integration with Your Enterprise Applications (upstream & downstream)
Digitization of Procurement Process
The digitization of procurement processes also enables the generation of new data, which can be used in turn to perform more detailed analyses of procurement practices, consumption models, and supplier transactions.
Performance Generation & Value Creation
Provides tremendous opportunities for procurement organizations to cross the next frontierof performance generation and value creation.
Analytics & Dashboard Reporting
Automated RFx Performance Dashboards provides you a deep insight across:
- Supplier Onboarding
- RFx Management
- RFx Vendor Response
- RFx Scoring
- RFx Dashboards
Product Sheet
Transforming Procurement Performance with Data Driven Strategies
Energica’s RFx module demonstrates how sourcing | procurement organizations can leverage next-gen negotiation intelligence module, RFx process and vendor evaluation, to drive insight-driven decision making.
Schedule a demo
See for yourself how Energica can help your organization. Book your complimentary demo of our RFxPro Software Solution.
Please reach out to [email protected]
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Contraxia a comprehensive integrated Digital Contract Management & Supplier Governance Solution to manage multi-vendor relations, enable effective governance, align both internal organization and suppliers on track, provides proactive risk management, minimize value leakages, deliver business outcomes, capture value and build capabilities from vendor relationships.
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A platform based digital supplier governance solution Delivers value driven governance with rich dashboards and reports; Captures value, proactive risk management and minimize value leakages ; Ensures the sustainability and advantage throughout the contract lifecycle beyond the sourcing deal
Who We Serve
Digital Procurement Platform for RFx
Energica RFx Procure solution provides a flexibility of working across the organization
- Buyer (Customer) Organization
- Supplier (Service Providers)
- Global Competency Centres
- GCC Business advisory space.
- Third Party Consultants in IT Sourcing (SVM) | Procurement | Contract Management | Supplier Governance advisory
The increase in numbers of strategic vendors | suppliers | partners and the trend towards multiple smaller deals and new technologies around RPA and Cognitive Automation arena underline the need for efficient sourcing, contract management & supplier governance structures.