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Procurement Suite PDF

The document discusses Aerchain, a company that provides procurement software solutions. It offers four main modules: Aerchain Source for strategic sourcing, Aerchain Buy for e-procurement, Aerchain Pay for finance and AP automation, and Aerchain Plus for intelligent add-ons. The modules aim to drive efficiency gains, cost savings, transparency, and reduce processing times across the source-to-pay process. Aerchain works with customers across various industries to digitize procurement and connect all stakeholders.

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Saurabh Agarwal
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0% found this document useful (0 votes)
960 views37 pages

Procurement Suite PDF

The document discusses Aerchain, a company that provides procurement software solutions. It offers four main modules: Aerchain Source for strategic sourcing, Aerchain Buy for e-procurement, Aerchain Pay for finance and AP automation, and Aerchain Plus for intelligent add-ons. The modules aim to drive efficiency gains, cost savings, transparency, and reduce processing times across the source-to-pay process. Aerchain works with customers across various industries to digitize procurement and connect all stakeholders.

Uploaded by

Saurabh Agarwal
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
You are on page 1/ 37

0

SAAS |Supply Chain 4.0 |Strategic Procurement| Intelligent


Logistics |Finance technology

SOLUTION OVERVIEW
1

What is Aerchain?

We digitize everything from the requisition till the payment & and connect all stake holders in the
process, enabling procurement 4.0

Aerchain Buy Aerchain Plus


eProcurement enabling better Data backed intelligence for
Collaboration for Greater Efficiency strategic decision making

Source to Pay

Aerchain Source Aerchain Pay


Strategic Sourcing via E-Sourcing Purchase financing & AP
activities driving cost savings Automation
Aerchain Modules Overview 2

- AERCHAIN Advantage

AERCHAIN SOURCE AERCHAIN BUY AERCHAIN PAY AERCHAIN PLUS


STRATEGIC SOURCING E-PROCUREMENT FINANCE & AP AUTOMATION INTELLIGENT ADD-ON’S

VENDOR PORTAL FOR E- INVOICING WITH


E- SOURCING (RFX’s) ADVANCED ANALYTICS
ORDER MANAGEMENT BARCODES

VMI + INVENTORY AP AUTOMATION


E- BIDDING (FA & RA ) APPROVAL WORKFLOWS
MANAGEMENT

GST COMPLIANCE FIRST MILE LOGISTICS


EASY REQUISITIONS CUSTOM INTEGRATIONS AGGREGATION

GUIDED BUYING VIA ASSET MANAGEMENT


EASY INWARDING VIA
DIGITAL WEB-SHOP PURCHASE FINANCE
BARCODED INVOICES

AUTO INVOICE
SMART CONTRACT VERIFICATION
SOURCING ENGINE VENDOR RATINGS
MANAGEMENT

RETURNS & EASY VENDOR


SAVINGS REPLACEMENTS REIMBURSEMENTS CONSOLIDATION
MANAGEMENT COLLABORATION
Why Us? 3

TECHNOLOGY FIRST INDUSTRY EXPERTISE CUSTOMER OBSESSION MARQUEE TEAM


& NETWORK
ü AI , ML & RPA for tactical ü Supply Chain Veterans as ü Prompt Support – ü Young & Dynamic Team
procurement automation Investors & Mentors On Time , Every Time ! ü Best in class technology
ü Prescriptive Analytics ü Vendor Network Across ü Continuous process experts
ü Mobile Apps India Improvements ü Deep Industry Experience
ü Integrated Service ü Long Term Engagement in respective domains
Providers for Logistics &
Finance
4

Aerchain ROI

Aerchain prides itself on delivering innovative, user friendly and value generating solutions for our customers. We
believe that our unique platform and focus on supplier on-boarding sets us apart and helps us drive a significant
return on investment and adoption for our customers.

Efficiency Gains Hard Cash Savings


Helps focus more on strategic 60% 3% Better bottom lines with minimal
procurement effort

Vendor Consolidation Transparency & Visibility


No more 000’s of Vendors
35% 100% Increasing Accountability for all
cluttering your ERP stake holders
5

Where do we fit?

We fit as a horizontal solution across multiple industries, thanks to our flexible architecture, which could be
customised based on client’s architecture. Moreover Indirect Material Procurement predominantly remains
similar across industries. Our services of logistics & finance fits right for every supply chain.

Automotive & Ancillaries Power & Steel Plants Pharmaceutical Textiles

FMCG IT & Corporates Construction & Infra Other Manufacturing Enterprises


6
Our Customers

AND MORE…
7

Aerchain Modules Overview


Aerchain Source - Strategic Sourcing
8

Aerchain Source is a easy to use, strategic sourcing module, enabling sourcing automation, increased savings &
quicker ROI, power packed the market intelligence.

50% Time Reduction in Sourcing Cycles

25% Increase in Supplier Collaboration & Satisfaction

3-5% Additional Savings

100% Transparent & Audit Compliant

Features:
• E-Sourcing (RFI’s, RFP’s & RFQ’s)
• E-Bidding (Forward & Reverse Auctions)
• Guided Buying via Digital WebShop

COST SAVINGS IS NO LONGER JUST A • AI enabled Sourcing Engine


• Savings Management
TARGET !
• Easy Collaboration for Clarifications
• Mobile Apps
9

Aerchain Buy - eProcurement


Aerchain Buy, our e-Procurement suite, offers an Amazon-like buying experience, keeping in mind the
compliance requirement of enterprises

30-60% Efficiency Gains via enhanced Collaboration

25% P2P Cycle Time Reduction

100% Inventory Visibility

Contracted Spend with Central Control

Features:

• Vendor Portal for Order Management


• Vendor Managed Inventory
• Smart Contract Management

COST SAVINGS IS NO LONGER • One Click Inwarding by Barcode scans of e-invoices


• Easy Integrations with other ERP’s
JUST A TARGET !
• Returns & Replacements Collaboration
Aerchain Pay – Finance Automation
10

Aerchain Pay is a digital platform enabling AP automation, alongside facilitating purchase finance between
corporate buyers & their MSME suppliers (sellers) via our network of Banking & NBFC Partners.

50% Reduction in Invoice Processing Time

100% GST Compliance


Asset Tracking & Visibility

Employee Satisfaction via Hassle Free Reimbursements

Features:

• E- Invoicing With Barcodes


• Auto Invoice Verification
• Reimbursement Management
BETTER CASH FLOWS WITH BETTER • AP Automation
PRICES & MINIMAL EFFORT ! • GST Compliance
• Asset Management
Aerchain Plus – Intelligent Add On’s 11

Aerchain Go is an digital milk run service that offers price transparency, ease of access, and a better end-to-end
visibility & experience for both buyers and sellers.

1-3% Hard Cash Savings via Bill Discounting

35% Reduction in Vendor Base

5-10% Increase in Order SLA’s

Vendor Ratings, Accreditation & Risk Evaluation

Features:

• Advanced Analytics
• Approval Workflows
INTELLIGENCE & AUTOMATION GO • Vendor Consolidation / Aggregation for Tail End Spend

HAND IN HAND ! • First Mile Logistics Aggregation


• Purchase Finance
• Vendor Ratings
12

Aerchain Features Overview


Strategic Sourcing - Overview
13

Aerchain Source is a easy to use, strategic sourcing module, enabling sourcing automation, increased savings &
quicker ROI, power packed the market intelligence.

50% Time Reduction in Sourcing Cycles

25% Increase in Supplier Collaboration & Satisfaction

3-5% Additional Savings

100% Transparent & Audit Compliant

Features:
• E-Sourcing (RFI’s, RFP’s & RFQ’s)
• E-Bidding (Forward & Reverse Auctions)
• Guided Buying via Digital WebShop

COST SAVINGS IS NO LONGER JUST A • AI enabled Sourcing Engine


• Commodity Price Trackers
TARGET !
• Easy Collaboration for Clarifications
• Mobile Apps
Strategic Sourcing – Process Flow
14

Project Planning Project Scheduling


• Collaborative RFX planning with multi- • Easy Supplier Invitations with a click
level approvals • Automatic Supplier Suggestions from the
• Easy Excel Imports for Bulk Data master data mappings

• Techno-Commercial questionnaires • Easy Chat Based Collaboration with


definitions at an item/project level Suppliers

• Custom settings for Deadlines, • Supplier Portal on both Desktop/Mobile


Reminders, Tie-Bids, Bid Decrements etc.. with the simplest UI/UX

Project Awarding Project Analysis


• One Click Contract / PO Conversion • Automatic Supplier Rankings with

• Automated Bid Award Scenarios custom market feedback

for single/multiple suppliers • Weightages for non-commercial

• Custom approval process for factors across suppliers

PO/Contract Creation • Custom Audit Compliant Reports


E Bidding - Overview
15

Aerchain’s Bidding Platform is an Innovative and Digital Sourcing Strategy to squeeze and negotiate best
sourcing prices for all procurement needs

8 to 15% Immediate Savings Realization

50% Reduction in Price Negotiation Cycle Time

15% Reduction in Administrative Costs

100% Transparent & Live Sourcing Process

Features:
• Easy to use and menu driven UI
• Multiple Auctions across products & locations
• Customs Bid Reports with Bid Versions etc.,
Best Negotiated Price with In-Context • Forward & Reverse Auctions
Intelligence • Custom Supplier Market Feedback
• Multi Currency Capability
• Configurable Bid Rules
• Communication Chatbox
Vendor Onboarding 16

Vendor onboarding is a workflow-based, integrated solution that increases onboarding efficiency, and can
create/update supplier profile data in ERP and AP systems.

50% Time Reduction in Onboarding Cycles

25% Increase in Internal Stake Holder Collaboration

30% Improved Data Quality

100% Transparent & Audit Compliant

Features:
• Customizable Business WorkFlows for Enlisting
• Chat Based Communication between all stake holders
• Review & Approval

NO MORE MAILS, EXCEL SHEETS & • Supplier Self Service


• Automatic Reminders - Beta Testing
HARD COPIES!
• Activity Monitoring & Analytics – Beta Testing
• Partition Suppliers Creation – Beta Testing
Vendor Onboarding – Process Flow
17

Vendor onboarding is a workflow-based, integrated solution that increases onboarding efficiency, and can
create/update supplier profile data in ERP and AP systems.

Vendor Invitation Vendor Scoring & Evaluation Vendor Management System


• Invite New Vendors for Projects • Evaluate based on the inputs • Vendor Data & Initial Scoring
• Invite Existing Vendors to Update • Score the Vendor on Parameters will be saved in VMS for
Information predefined attributes further perusal

Supplier Submission Review & Approval


• Multi Team approval workflows
• Update the PQ Information (Procurement, Finance, IT, Legal etc..)
• Seek Clarifications can be configured
• Decline to Participate in the • Based on the scoring parameters,
Vendor On-Boarding Process vendor can be shortlisted / rejected
Catalog Management - Overview
18

Aerchain Catalog Management helps businesses centralize and optimize their Product Catalog in the cloud,
increasing spend visibility

50% Improved Master Data Quality

10% Reduction in Product Mismatches

Faster Sourcing Cycles & Increased Competition

Features:

• Create your taxonomies up-to 5 levels enabling easy navigation


• Product Catalog with Images, Data Sheets & Specifications Captured
• Elastic search capabilities on multi string data points
CATALOGING WITH UNSPSC • Product Creation Restrictions for a cleaner master data
STANDARDS ! • Product Data Completeness Index
Catalog Advantage 19

Custom Taxonomy Definition


You can create your own custom taxonomy with up-to 5
levels, enabling guided buying and making sure your
master never goes cluttered

Product Creation
Every new product created can be controlled with
pre-defined parameters & approval workflows

Product Search & Discovery


We enable multi string elastic search for easier product
discovery along with catalog auto-fill suggestions in the
PR, RFX & PO Stage

Spend Analytics & Intelligence


Once categorized, we enable category level spend
analysis ensuring bird eye’s view of the overall spend
Sourcing Engine
20

Aerchain Source helps you find reliable vendors for all your product & service requirements, with minimal effort

3-5% Hard Cash Savings in Indirect Procurement

10,000 + Partner Network for Products & Services

50% Reduction In Time to Source

Features:

• Pre-qualified Vendor Base with Risk Assessment


• Global Vendor Ratings
• Automated ARC’s

COST SAVINGS IS NO LONGER • Sourcing Chatbots scouting for qualified vendors & price reduction
• Commodity Price Trackers
JUST A TARGET !
• Visibility on Market price fluctuations
Aerchain Source - Products 21

CLEANING & ABRASIVES ADHESIVES, TAPES BEARINGS & CUTTING TOOLS ELECTRICALS LUBRICANTS,
HOUSE KEEPING & SEALANTS POWER TRANS. GREASES & OILS

OFFICE ELECRONICS & FASTNERS HAND TOOLS LIGHTS & PACKAGING & MEDICAL SUPPLIES
STATIONERY APPLIANCES LUMINARIES ACCESORIES & EQUIPMENT

CORPORATE TESTING & PAINTS PNEUMATICS & POWER TOOLS CHEMICALS


MOTORS & PUMPS
GIFTING MEASUREMENT HYDRAULICS

LAB SUPPLIES MATERIAL SAFETY SECURITY WELDING & FURNITURE RAW MATERIAL
HANDLING SOLDERING

AND MORE…
Aerchain Source - Services 22

DIGITAL FACILITY MEP SERVICES MAN POWER SUPPLYCHAIN


MARKETING MANAGEMENT CONSULTANTS

BRADNING & IT SERVICES & MANAGEMENT EVENT DIGITAL


ADVERTISING AMC’s CONSULTING MANAGEMENT TRANSFORMATION

SOFTWARE NETWORK & GREEN LEGAL & FINANCE CUSTOM


DEVEOPMENT SERVER MNGMT ENERGY SERVICES MANUFACTURING

LOGISTICS SECURITY MANUFACTURING TURNKEY


SOLAR PANELS
SERVICES CONSULTING PROJECTS
INSTALLATION

AND MORE…
Inventory Management 23

To grow unhesitatingly, you should have a sustained and reliable inventory support to gear up your business
operations and Aerchain’s Inventory Management will help you achieve it.

100% Visibility of Inventory in Real-Time

100% Control on Costs

End to End Tracking of each SKU

Access Tags for all SKU’s

Features:
• Centralized Inventory Management System
• Centralized Log-In to manage all Inventory at all locations
• Real-Time actual stock data access across all locations

Controlled Inventory. Controlled • Integration of Online and Offline Inventory


• Easy Stock Rotation
Spend
• Stock Replenishment Alerts
• Inventory Logs
• Analytics of consumption across product categories, locations etc.,
Contract Management - Overview 24

Aerchain Contract Management helps organization build contracts faster ensuring supplier compliance,
controlling the spend centrally while mitigating risks.

40 % Reduction in Contract Creation Time


Spend Control & Maverick Spend Reduction

Increased Collaboration among key Stakeholders

Features:
• Timely Alerts & Reminders to ensure contract renewals
• Supplier Portal for Contract Review & Invoicing
• Collaborative Contract Creation
• Easy & Real-time chat based communication
• Clone from existing contracts & Templates
CONTRACTS WITH COMPLIANCE,
• Best in class UI/UX
COLLABORATION & COST
• Custom Rules for Monthly Spend Under Contract
CONTROL !
• Digital Signature Feature powered by DocuSign
Contract Management – Process Flow 25
26
GST Compliance
Aerchain’s GST compliance helps verify the vendor GST filing compliance to make sure the input credit easily
availed by enterprises, with integration to the GST portal.

GST Verification Vendor GST Compliance E-Way Bill Conditional Payment Processing

Search & Verify GST tax Auto verification via One Click E-Way Bill Custom payment rules to
Payer’s data within authenticated login of Generation for Vendors process the vendor
seconds Vendor’s GST filing invoices based on GST
filing status
Spend Analytics 27

Spend Analytics is an unique solution to help bring visibility into your spend and supply base to address
challenges, helping you find best opportunities that strike the right balance between cost, revenue, and demand
expectations

Spend Benchmarking & Tracking

Data Backed Decision Making

Trend Analysis to track the spend variance

Completely customizable reports

Features:
• Dashboards and peer benchmarking
• Configurable Taxonomy
GIVE YOUR DATA
• Configurable KPI Dashboards
A VOICE !
• One-Click Report Downloads
• Holistic View of Spend Management
• Report Automation and Scheduling
Vendor Analytics 28

Having data is a good thing but analytical capabilities truly change the game, enabling procurement to unlock
the real value of large amounts of structured and unstructured data to get to the next level of impact on
enterprise-wide performance.

Actionable insights into spend, finance, and process KPIs

More informed decision-making organization-wide

Ability to better manage spend, cash flow, supplier


relationships, and discounts

New savings opportunities

Features:
• Data download either in .csv or .xls format
• One-Click Report Downloads
GIVE YOUR DATA
• Customizable Vendor Analytics
A VOICE !
• Real Time Analytics Dashboard
• Benchmarking
Vendor Analytics - Benefits 29

BUILD STRATEGIC SUPPLIER PARTNERSHIPS DELIVER ROI FAST


• Packaged dashboards, reports, graphs, and
• Analytics help realize more value from by
KPIs, helps in quickly identifying ways to
turning the data captured during transactions
optimize supplier performance
into insights
• Interactive data filtering enables you to slice
• Strong supplier relationships support
and dice the data in any way you need (e.g.
communication and collaboration, providing
vendors by category, organization unit, cost
opportunities to better price, quality and push
center, project etc.,
for better performance

BENCHMARK AGAINST THE BEST ARM EVERYONE WITH INFO.


• Track your performance against the best so • Employees will be instantly empowered to
you can set realistic goals and measure make more informed decisions
success • Employee Specific configuration to show only
• Benchmarking gives you efficiency targets, show the information most relevant to them
continual process improvement metrics,
Workflow Management - Overview 30

Aerchain Workflow Management enables customisable & pre-defined approval processes with timeline tracking
across the procurement value chain

70% Faster Approval Cycles

Better Team Work

More Accountability

Features:

• Approvals for PR’s, RFX’s, Quotes, PO’s & Invoices


• Mobile based approvals enabling work anytime, anywhere
• Timely Reminders via Email, SMS & App Notifications
• Activity Tracker & Analysis
INTELLIGENCE & AUTOMATION GO
• Hierarchy & Value based Approvals
HAND IN HAND !
• Series & Parallel Approvals
First Mile Logistics Aggregation 31

Aerchain Go is an digital milk run service that offers price transparency, ease of access, and a better end-to-end
visibility & experience for both buyers and sellers.

25% Increase in Efficiency & Productivity Gains

10% Increase in Vehicle Utilization

8% Increase in SLA Compliance

Features:

• Fair & Transparent Pricing


• Automatic Route Planning
• Proprietary vehicle allocation engine
• Live Tracking & Visibility
WE DRAW A LINE BETWEEN ORDER &
• Electronic Proof of Delivery
DISORDER !
• Analytics & Report Management
Purchase Finance 32

Aerchain Pay is a digital platform enabling purchase finance between corporate buyers & their MSME suppliers
(sellers) via our network of Banking & NBFC Partners.

1-3% Hard Cash Savings via Bill Discounting

25 + Banking & NBFC Partners

100% GST Compliant

Features:

• Payables Automation
• Automatic GST Compliance Verification for Vendors
• Streamlined Vendor Payments, with better cash flow management
• Seamless ERP Integration
BETTER CASH FLOWS WITH • Factoring & Reverse Factoring
BETTER PRICES ! • Easy Reconciliation
Vendor Ratings 33

Aerchain Vendor Ratings helps in Measuring and evaluating supplier performance, there by objectifying TCO with
respective vendors, increased process efficiency, and business performance.

30% Efficiency Gains via enhanced Collaboration

25% Reduction Invoice & Documentation Errors

15% Increase in Quality of Project Deliverables

100% Transparent Communication across Vendor Base

Features:
• System Generated Ratings
• Vendor Specific Metrics on KPI’s
• Automated Email Notifications
MORE DATA BACKED • Mobile Vendor Ratings Submission
DISCUSSIONS ! • Collaborative evaluation by various stake holders
• Automatic and Scheduled Ratings requests
Vendor Ratings - Parameters 34

Competitive Pricing Pricing Stability Billing Accuracy Sensitivity to Costs Price Changes Intimation
Price

PO Compliance Spec Conformity Reliability Support & Warranty Repairs Reliability


Quality

Timely Delivery Accuracy of Quantity Lead Time Packaging Documentation


Delivery

Operational Support Technical Support Emergency Support


Service

Friendliness Market Knowledge


Engagement

Profitability Top Line Growth Relevant Industrial Growth


Financial Stability

Overall Rating
35

Vendor Consolidation
Aerchain Vendor Consolidation lets enterprises aggregate the tail-end suppliers, helping them focusing on
strategic suppliers, by taking end to end ownership of the order life cycle.

SPOC for tail end spend Streamlined Invoices & Payments


Aerchai takes care of all the requirements right Reduction in numbers of Invoices, Invoice
from the sourcing till the order is delivered Processing costs & streamlined payment
being a SINGLE POINT OF CONTACT, for all cycles with standard credit terms
connected stake holders, digitally

GST Compliance Easy Returns & Replacements


With back to back sequential invoicing, All returns & replacements are handled
you will always get a GST input from promptly via Aerchain
Aerchain & GST compliance of all vendors
is taken care by Aerchain
36

CO N TAC T U S www.aerchain.io

ADDRESS E-MAIL TELEPHONE


No 7, 6th Cross, Dollars harsha@aerchain.io +91 9902660828
Layout, BTM 2nd Stage, hitesh@aerchain.io +91 9972934579
Bangalore

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