Enaviya: Shaping Workflow with Digital Procurement Management
A Chief Procurement Officer (CPO) should possess greater visibility into sourcing, procurement and supply management of an organization to drive bottom line. Along with reducing costs, a CPO must be watchful about ensuring that the entire procurement process is transparent, streamlined and hassle-free. However, many a times, the process involves challenges that make it difficult for them to maintain transparency in operations. Enaviya, a Bangalore based company addresses the challenges and eases procurement for businesses with EnavPurchase E-Procurement.
EnavPurchase is a one stop solution for CPOs looking for custom-made products. The application employs procure-to-pay model, reduces decision making time and streamlines workforce. Enaviya easily navigates its users through the hassle of procurement cycle. With the help of Purchase Requisition software, customers can view all the requisitions of the company on a single screen and enable multiple level reporting based on requisition size, thus reducing paper trail and enhances savings. The strategic sourcing feature – SaaS based software offers scalability, faster realization and boosts productivity. It is capable of storing supplier contact information and enables organization to identify new and reliable suppliers.
Enaviya’s EnavPurchase RFQ feature targets reducing the burden of purchasing cycle through digitizing the process. It permits users to associate with multiple suppliers online, quickly fulfill their requirement and eliminate human errors.
Enaviya conjoins a secure expense planning solution into the core offering for a seamless procurement cycle
It is capable of reporting on open purchase orders and connects multiple purchase orders together based on supplier. Clients can easily edit, update, and cancel the purchase orders with complete visibility.
If selecting right vendor poses a challenge in procurement, managing contracts adds to the complexity. EnavPurchase simplifies the hassle and offers a unified platform for vendor management and contracts management. The scalable and flexible contract management feature automatically tracks invoice, matches against the contract terms and alerts on expiry, giving an upper hand for clients to stay compliant. It also stores, manages and retrieves contracts and agreements with the purchasers. The vendor management allows clients to build a centralized repository of vendors and improve risk management. It also ensures implementation of a standard supply management structure for smoother operations.
Enaviya conjoins a secure expense planning solution into the core offering for a seamless procurement cycle; allowing beneficiaries to synchronize accounts, the solution integrates a company’s financial transactions and matches purchase order value against earmarked budget. It is also capable of allocating unutilized funds for purchase orders and gives a quick insight into business. To keep a tab on spendings, Enaviya embeds spend analysis aspect into the software and minimizes the necessity of compiling datasheets from various departments of the company. It helps identifying saving opportunities, organizing spend data and providing granular view on financials.
Enaviya also offers other solutions such as knowledge management, workflow management and services such as application development, software development, digital marketing and consulting. The company has a vast client base spread across Australia, the U.S. and the United Kingdom including companies such as Atos, AmaraRaja, Manipal University, SAB Miller, Toshiba and Wipro. Enaviya also has tie-ups with Microsoft, IBM, Intel, and Oracle.