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Moglix Vendor Portal Review
What is Moglix Vendor Portal?
Moglix Vendor Portal is an online procurement management solution designed to digitize the whole procurement cycle, enabling businesses to increase and improve overall control and visibility into all stages of procurement while drastically increasing their savings on procurement costs.
With Moglix Vendor Portal, businesses and organizations can automate their procurement process end to end – from generating of procurement requisition to the delivery of payment without any form of manual intervention.
The software eliminates the need to manually communicate with suppliers and helps streamline procurement processes, which results in improved operation efficiencies and inventory optimization. Moglix Vendor Portal enables users to remain compliant with their industry’s prevailing standards and policies as well.
Show MoreOverview of Moglix Vendor Portal Benefits
Moglix Vendor Portal delivers a portal is a procure to pay solution created to modernize and digitize your end to end entire procurement cycle. It automates and streamlines all aspects and stages of your procurement process and guarantees smooth and seamless communication with your suppliers.
The software helps you seek suppliers who offer the best packages and prices, negotiate with them, and establish stronger relationships as your business grows. Moglix Vendor Portal is built to help you get ASN notification and send GE/GRN notifications as well as reconcile your invoices.
Moglix Vendor Portal gives you, your team, and your suppliers collaboration tools that enable you to work on quotations in real time. You can participate in the live bidding RFQs and automate the processing of invoices. You can give your suppliers a helping hand by granting them access to your information.
In any business transaction, you always want total transparency and control. Moglix Vendor Portal gives you just that with its real-time shipment tracking capability and complete digital documentation throughout the whole process. You also have a complete overview of your spend, helping you monitor and control your expenses. Moglix Vendor Portal offers robust security together with utmost GST and other regulatory compliances.
Show MoreOverview of Moglix Vendor Portal Features
- Real-time Collaboration for Quotations
- 100% Transparency and Control
- Regulatory Compliance & Security
- Vendor Portal + Vendor Consolidation
- ERP Integrations
What Problems Will Moglix Vendor Portal Solve?
1. Manual Communication with Multiple suppliers
Most Manufacturing companies have various plants situated in different locations and have to deal with more than 1000+ Suppliers across India. The interaction between vendors and individual buyers are offline and happen through means of email, phone calls and other modes leading to an excessive manual effort, loss of information in transition and incorrect information being exchanged at times.
Due to this, there were multiple cases where a vendor had sent products which were received in short quantity or rejected.
Solution: Increase in Operation efficiency by 10%,
Moglix vendor Portal can be integrated to any kind of ERP system used by the Manufacturing Companies and automate the work process of communication with suppliers, thereby improving man-hour efficiency of the sourcing managers.
2. Lack of transparency & Visibility to evaluate Supplier Performances
Normally a Manufacturing unit has 1000+ Suppliers and to evaluate their performance based on the quality of products and delivery time is hard to track when your suppliers are not using technology to source the material
Solution: Enforce transparency and visibility across your organization
Advanced analytics and reports enable you to evaluate the performance of suppliers and help you identify key suppliers. As a result, you can ensure improved supplier relationship with your key suppliers and engage in co-supplier innovation
Buyer can evaluate the performance of suppliers on various parameters: Quality Problem Report, Pending Quantity, Failed Delivery, Monthly QR Rejection Rate. This can help buyer identify and establish relationships with key suppliers
3. GST Non-Compliance and unoptimized inventory
Post-GST regime in India, if a Buyer’s ledger mismatches with the vendor, their Input tax credit which is typically 18% to 28% of the working capital will be unnecessarily blocked in the system. With GST coming in, this was the perfect time for them to streamline and digitize the entire procurement interaction with their vendors.
Solution: GST Compliant invoice generation and reconciliation
Vendor’s invoice value necessarily needs to match to clients purchase order. If there is any discrepancy in value, taxation, quantity, freight, amortization or any other charges, the system doesn’t allow ASN generation. Hence, the problem of invoice mismatches is taken care at the source before the material is dispatched which helps in completing GST Compliance on time.
Awards & Quality Certificates
Moglix Vendor Portal Position In Our Categories
Because companies have unique business demands, it is only logical they avoid adopting an all-encompassing, “perfect” software solution. Be that as it may, it would be almost impossible to try to find such a software system even among branded software products. The rational thing to undertake would be to spell out the various main aspects which necessitate scrutiny such as major features, pricing, skill competence of the users, business size, etc. Then, you should follow through your product research thoroughly. Go over some of these Moglix Vendor Portal evaluations and look into each of the software programs in your shortlist in detail. Such all-encompassing product research ensures you stay away from unsuitable applications and choose the system which offers all the tools your business requires.
Position of Moglix Vendor Portal in our main categories:
TOP
50
Moglix Vendor Portal is one of the top 50 Procurement Software products
If you are interested in Moglix Vendor Portal it could also be sensible to analyze other subcategories of Procurement Software collected in our base of B2B software reviews.
Every organization has different wants and needs a system that can be personalized for their size, type of workers and customers, and the specific industry they are in. For these reasons, no platform can provide perfect features out-of-the-box. When you try to find a software system, first be sure what you want it for. Read some Moglix Vendor Portal Procurement Software reviews and ask yourself do you desire basic tools or do you require complex tools? Are there any industry-specific features that you are searching for? Get the answers to these queries to help your search. There are plenty of aspects that you need to mull over and these include your budget, specific business requirements, your company size, integration needs etc. Take your time, try out a few free trials, and finally select the platform that offers all that you need to improve your firm efficiency and productivity.
How Much Does Moglix Vendor Portal Cost?
Moglix Vendor Portal Pricing Plans:
Free Trial
Quote-based Plan
Contact vendor
What are Moglix Vendor Portal pricing details?
Moglix Vendor Portal Pricing Plans:
Free Trial
Quote-based Plan
Contact vendor
Contact Moglix Business to know more about their basic and enterprise pricing options. You can also submit a request a demo to see if the software is a perfect fit for your business.
User Satisfaction
Positive Social Media Mentions
0
Negative Social Media Mentions
0
We are aware that when you make a decision to purchase a Procurement Software it’s vital not only to find out how experts score it in their reviews, but also to discover if the actual clients and companies that purchased it are actually satisfied with the product. That’s why we’ve devised our behavior-based Customer Satisfaction Algorithm™ that collects customer reviews, comments and Moglix Vendor Portal reviews across a broad range of social media sites. The data is then presented in a simple to understand way revealing how many customers had positive and negative experience with Moglix Vendor Portal. With that information available you will be prepared to make an informed buying decision that you won’t regret.
Technical details
Devices Supported
- Windows
- Linux
- Android
- iPhone/iPad
- Mac
- Web-based
Deployment
- Cloud Hosted
Language Support
- English
Pricing Model
- Quote-based
Customer Types
- Large Enterprises
- Medium Business
What Support Does This Vendor Offer?
- phone
- live support
- training
- tickets
What integrations are available for Moglix Vendor Portal?
Moglix Vendor Portal can be integrated with any ERP system be it SAP, Oracle or any in-house developed ERP.
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