Procurement Challenges

Different types of businesses have varied challenges in unifying the procurement needs, often leading to procuring in sylows

Limitations & Inefficiencies

Limitations & Inefficiencies: Limited vendor base
& range of products sold
at Sub-optimal high prices

Manual Processes

Manual Processes:
Time consuming and
cumbesome process
with Admin overheads

Compliance & Audit

Compliance & Audit:
Adherence to procurement policies, organisational and statutory. Prevention of unscrupulous practices

Rigid Procurement structure

Rigid Procurement structure:
Preferential treatment to promoted manufacturers leading to restricted buying options

Assurance on Quality & Costs

Assurance on Quality & Costs: Both parties struggle on assurance regarding payments and quality issues

Institutional Procurement Ecosystem Is Unique And Complex. Standard B2C Solutions Don’t Address This Aspect

Simplifying the Procurement Ecosystem

Minimal Effort. Maximum Impact

Email2ERP

Varied Options for Varied Buying Needs



Procure to Pay

Purchase directly on Market Place offering/ Negotiated

Ingest
01

RFQ

Publish an RFQ to get the Best and final rates

Classify
02

Tender

Publish Tender to get the best offering

Capture
03

Auctions

Create and Manage auctions digitally

Verify
04

Demand Aggregation

Aggregate Multiple local demands to leverage volumes for Price negotiation

Approve
05

Win-Win for Buyers & Sellers

Automated Procees

Multi-channel Procurement

One-stop shop for bids/ auction/ RFQ on products & services to handle all procurement needs


Scalable Solution

AI enabled Conversational Commerce agent

Contextual and AI driven search, compare and buy facility

Eliminate Errors

Offering Management

Open API to Integrate ERP for Order management including Price, stock,
variants


Reduce cost

Cost Effectiveness

Low Customer acquisition cost & Negotiated deals

Faster processing

User Friendly Dashboards

For buying-selling, monitoring of supplies and payments

Human in Loop Capability

Product Enrichment

Rich listings of products, Vendor and Product Ratings and Reviews, Price Trend and History

Human in Loop Capability

News and Event

News and Event Section for Regular Updates

Human in Loop Capability

Multi Consignee

Multi Consignee and Multi payment mechanisms

Human in Loop Capability

Online Order Process and Management

Dispatch, delivery, invoice, Acceptance and Payments

Intellect’s Technologies – Bedrock of BuyCorp

Contextual Quality Enhancer

iTurmeric

Orchestration platform for Data, Procees, Events and User Experience

Contextual Document Identifier

Fabric.AI

Generative AI platform for embedding "in Procees Artificaial intelligence and Analytics

Contextual Document Capture

Canvas Studio

Portal and Mobile App develoment Studio for iterative Experience Design

Contextual Table Detection

eMACH.ai

Comprehensive platform for Events, Micro Services, APIs, Cloud, Headless and embedded AI to compose "signature solution"

Taking convenience to the Next Frontier

Discover the feature-rich functionality of Magic Invoice

Invoice Data Capture

Invoice Data Capture

28+ AI Models

28+ AI Models

Auto-classification

Auto-classification

Invoice Data Capture

Capturing of invoice data from single/multi-page
documents through multi-channel input sources
and wide variations through an intuitive drag and
drop/Email listening/SFTP Folders/Hot Folders

Invoice Data Capture
Human in Loop Capabili

Human in Loop Capability

API-first, Cloud-first Solution

API-first,
Cloud-first Solution

Business Rule Validation

Business Rule
Validation

Powered by Intellect’s Doc2API platform, Magic Invoice leverages new-age technologies such as AI-ML-NLP and deep learning, to automate the invoice process cycle end to end. Magic invoice can ingest documents from various sources, classify, contextually capture meaningful data and integrate the output back into the downstream system through APIs.

Conversational Commerce – Future of Buying


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  • Personalized Buying Assistant
  • Intelligent Search- Purpose/Behavior Driven Product Discovery
  • Guided Buying Org Comliant Buying Customized prebuilt
  • Real Time Decision making Spend Analysis, Price Discovery.
  • Orchestrated Integration integrates seamlessly with the company's ERP
  • Audit Completenss of purchase process, maintaining audit trail

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