VELOCIOUS SUPPLIER RELATIONSHIP MANAGEMENT APPLICATION
Most enterprises recognize that active and meaningful engagement with suppliers is the key to success. Benefits include accelerated time to market, improved margins and reduced risks. Best in class organizations recognize that this is a highly collaborative relationship. They have supplier portals that include advanced functions including onboarding / self-registration, workflows and OCR functionalities. When information exchange takes place in a timely manner, this brings about significant improvement in supplier engagement.
With the Velocious Supplier Relationship Management, enterprises could automate the engagement with their suppliers across the lifecycle, right from RFP/RFI issuance, to supplier registration, issuance of PO, receiving of electronic invoices, processing of invoices and intimation of payments. The solution combines the unique features of AI Chatbot, OCR and integrations with the Accounts Payable / ERP solution to deliver a differentiated experience.
A reverse auction is a strategic sourcing event in which suppliers bid to provide products and services which helps buyer in effective price discovery, gaining in-depth supplier market knowledge and driving price reductions.
With the Velocious Supplier Relationship Management, enterprises could automate the engagement with their suppliers across the lifecycle, right from RFP/RFI issuance, to supplier registration, issuance of PO, receiving of electronic invoices, processing of invoices and intimation of payments. The solution combines the unique features of AI Chatbot, OCR and integrations with the Accounts Payable / ERP solution to deliver a differentiated experience.Avaali’s Reverse Auction module allows enterprises to create, conduct and deliver reports for closed auctions and in turn automatically initiate the supplier onboarding processes for chosen vendors. Reverse auctions significantly bring down procurement cost for companies as bid prices are continuously brought down during live auctions, where vendors have visibility of where their ranking is against submitted prices.
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Your Partners in Digital Transformation
Attain new levels of strategic cost optimization and develop new business models with Avaali’s digital services. Digital is shaping and changing our lives. Enterprises are leveraging digital technologies for managing their internal business processes as well as communication with their stakeholders including customers and partners. Consumer behavior is quantifiable like never before and leveraging these insights can define a winning business strategy and outcome. In order to survive and thrive in today’s business environment, enterprises must not only focus on customer relevance but also look at offering delightful omni-channel experiences.
As a specialist provider, Avaali works with upper mid to large enterprises to leverage digital to transform your business in compelling ways. As your partner in Digital Transformation, Avaali supports not only to build new business models using digital but also execute your digital strategy and vision with the support of digital tools and technologies. Our spectrum of services not only help you in putting together intelligent internal business processes but also engage with your customers in completely newer ways and deliver a compelling customer experience.
We work with leading organizations who are market leaders in the industries they operate in. Our customers tell us that we deliver value to projects as a result of the deep understanding we have of best of breed solutions for their vertical, coupled with our commitment to deliver excellence to every project.
Why Choose Us?
Our clients tell us that we’re a refreshing change in terms of delivering our commitments with passion, on time and as planned. Our projects are executed with rigor ensuring that we don’t leave anything to chance. We plan our execution well, while at the same time provisioning for any changes required by the customer.
Avaali has done the maximum number of implementations of AP automation solutions for several large enterprises.
Avaali is completely focused in supporting enterprise customers to transform internal and customer facing processes using digital. Since we do this and nothing else, our capabilities and skills in this space are un-parallel. Our consultants come with good process / domain knowledge, and have global implementation experience on most of the best of breed technologies. We’re therefore able to execute with confidence not only on our consulting engagements but also on technology implementation and support. Our clients are industry leading enterprises who use our consulting services and solutions to solve complex challenges and achieve their goals.
Every project is important to us. We provide personalized attention to every project to ensure a successful and hassle free execution. We partner with our clients to ensure that their business goals are met in a timely and efficient manner. We have strong internal review mechanisms, thereby ensuring that our senior management is on top of every project and ensure that our consultants walk the talk.
We are a specialized consulting and services organization focused on supporting enterprises in the digital space. We don’t do anything else. Our customers tell us that they benefit from the decades of knowledge and experience that we bring to every project, resulting in successful execution.
Corporate Responsibility is a part of our culture. We’re committed to serving our communities. We undertake various initiatives from time to time to work on projects close to our heart. Project Green is one such initiative where Avaali supported in the creation of a mini forest near Agara Park area, Bengaluru