For Buyers
Modules & Offerings Plan for Buyers
Plan 1 (Foundation)
Plan 2 (Progressive)
Plan 3 (Advanced)
POTENTIAL USERS
For companies with standard processes and basic requirements . Intention is to get convenience of eCommerce and with features to meaningfully compare supplier's price offer, taking into account differences in trade terms
For companies with intention to build progressive business processes enabled by the platform. Besides advantage of Plan 1, intention is to gain better process efficiency eg by integrating to existing transaction system (ERP) and gain better governance & process compliance
For companies with intention to build advanced business processes enabled by the platform. Besides advantage of Plan 2, intention is to use advanced best practices and artificial intelligence to optimise procurement
MODULE
FEATURES
DIGITAL COMMERCE MODULE
SOURCING
Plan 1 (Foundation)
Plan 2 (Progressive)
Plan 3 (Advanced)
Product and Supplier Information Search
Available
Available
Available (Advanced)
Review / Feedback from Suppliers’ customers
Available
Available
Available
Supplier Offer to try Product (eg Free Sample)
Available
Available
Available
Supplier & Product Comparison
Available
Available
Available
Ad Hoc RFQ
Available
Available
Available
SPOT PURCHASE
Plan 1 (Foundation)
Plan 2 (Progressive)
Plan 3 (Advanced)
Requirements Specification (Product / Trade Terms / Delivery Timing)
Available
Available
Available
Enquiry / RFQ & Supplier Negotiation
Available
Available
Available
Supplier Price Offerings Comparison
Basic
Enhanced (Net Landed Cost)
Advanced (eg TCO)
Purchase Decision Support Analytics
Not Available
Enhanced
Advanced
Purchase Order (with Approval Flow)
Available
Available
Available
Favourite Enquiry / Order
Available
Available
Available
TERM CONTRACT PURCHASE
Plan 1 (Foundation)
Plan 2 (Progressive)
Plan 3 (Advanced)
End to End Term Contract Management
Available
Available
Available
Pricing / Rebate / Contract Terms
Basic
Enhanced
Advanced
Contract Negotiation Decision Support / Simulation
Not Available
Enhanced
Advanced
Order against contract and Availability Checking
Basic
Enhanced
Advanced
Quotation / Order Decision Support
Not Available
Enhanced
Advanced
Contract Settlement (Rebate Entitlement)
Available
Available
Available
ORDER STATUS TRACKING / ECOSYSTEM COLLABORATION
Plan 1 (Foundation)
Plan 2 (Progressive)
Plan 3 (Advanced)
Status tracking (payment, delivery, etc)
Available
Available
Available
Collaborative Process with Ecosystem partners
Manual
Manual / Automated
Manual / Automated
ONLINE BIDDING (REVERSE AUCTION)
Plan 1 (Foundation)
Plan 2 (Progressive)
Plan 3 (Advanced)
Event Setup/ Online Bidding Engine
Not Available
Available
Available
Price Effectiveness Modelling
Basic
Enhanced (Net Landed Cost)
Advanced (e.g. TCO)