Procurement Suite PDF
Procurement Suite PDF
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
Source to Pay
- AERCHAIN Advantage
AUTO INVOICE
SMART CONTRACT VERIFICATION
SOURCING ENGINE VENDOR RATINGS
MANAGEMENT
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.
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.
AND MORE…
7
Aerchain Source is a easy to use, strategic sourcing module, enabling sourcing automation, increased savings &
quicker ROI, power packed the market intelligence.
Features:
• E-Sourcing (RFI’s, RFP’s & RFQ’s)
• E-Bidding (Forward & Reverse Auctions)
• Guided Buying via Digital WebShop
Features:
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.
Features:
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.
Features:
• Advanced Analytics
• Approval Workflows
INTELLIGENCE & AUTOMATION GO • Vendor Consolidation / Aggregation for Tail End Spend
Aerchain Source is a easy to use, strategic sourcing module, enabling sourcing automation, increased savings &
quicker ROI, power packed the market intelligence.
Features:
• E-Sourcing (RFI’s, RFP’s & RFQ’s)
• E-Bidding (Forward & Reverse Auctions)
• Guided Buying via Digital WebShop
Aerchain’s Bidding Platform is an Innovative and Digital Sourcing Strategy to squeeze and negotiate best
sourcing prices for all procurement needs
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.
Features:
• Customizable Business WorkFlows for Enlisting
• Chat Based Communication between all stake holders
• Review & Approval
Vendor onboarding is a workflow-based, integrated solution that increases onboarding efficiency, and can
create/update supplier profile data in ERP and AP systems.
Aerchain Catalog Management helps businesses centralize and optimize their Product Catalog in the cloud,
increasing spend visibility
Features:
Product Creation
Every new product created can be controlled with
pre-defined parameters & approval workflows
Aerchain Source helps you find reliable vendors for all your product & service requirements, with minimal effort
Features:
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
LAB SUPPLIES MATERIAL SAFETY SECURITY WELDING & FURNITURE RAW MATERIAL
HANDLING SOLDERING
AND MORE…
Aerchain Source - Services 22
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.
Features:
• Centralized Inventory Management System
• Centralized Log-In to manage all Inventory at all locations
• Real-Time actual stock data access across all locations
Aerchain Contract Management helps organization build contracts faster ensuring supplier compliance,
controlling the spend centrally while mitigating risks.
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
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.
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
Aerchain Workflow Management enables customisable & pre-defined approval processes with timeline tracking
across the procurement value chain
More Accountability
Features:
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.
Features:
Aerchain Pay is a digital platform enabling purchase finance between corporate buyers & their MSME suppliers
(sellers) via our network of Banking & NBFC Partners.
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.
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
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.
CO N TAC T U S www.aerchain.io