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Moglix Vendor Portal Review

Moglix Vendor Portal
Our score: 8.5 User satisfaction:

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.

Overview 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.

Overview 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

This certificate is granted to products that offer especially good user experience. We evaluate how easy it is to start using the product and how well-designed its interface and features are to facilitate the work process.
An award given to products that have recently entered the market but are already becoming very popular

Moglix Vendor Portal Position In Our Categories

Bearing in mind businesses have their own business-related wants, it is prudent they avoid going for an all-encompassing, ”best” business program. However, it would be almost impossible to try to stumble on such an app even among well-known software solutions. The clever thing to undertake can be to shortlist the several important functions which necessitate deliberation including major features, price plans, skill levels of staff members, organizational size, etc. Thereafter, you should double down on the research through and through. Read some Moglix Vendor Portal analyses and scrutinize the other software options in your shortlist in detail. Such comprehensive product research ensures you circumvent mismatched software products and subscribe to the one which offers all the function you require business requires in sustaining growth.

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 might also be beneficial to examine other subcategories of Procurement Software listed in our base of B2B software reviews.

Each business is different, and might need a particular type of Procurement Software solution that will be designed for their business size, type of clients and employees and even individual niche they support. We advise you don't count on getting an ideal software that will work for every business no matter what their background is. It may be a good idea to read a few Moglix Vendor Portal Procurement Software reviews first and even then you should pay attention to what the service is supposed to do for your company and your staff. Do you require an easy and intuitive app with just elementary functions? Will you really use the advanced tools required by pros and big enterprises? Are there any specific tools that are especially practical for the industry you work in? If you ask yourself these questions it will be much easier to get a reliable solution that will fit your budget.

How Much Does Moglix Vendor Portal Cost?

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 realize that when you make a decision to buy Procurement Software it’s important not only to see how experts evaluate it in their reviews, but also to find out if the real people and companies that buy it are actually satisfied with the product. That’s why we’ve created our behavior-based Customer Satisfaction Algorithm™ that gathers customer reviews, comments and Moglix Vendor Portal reviews across a wide range of social media sites. The data is then presented in an easy to digest form showing how many people had positive and negative experience with Moglix Vendor Portal. With that information at hand you should be equipped to make an informed buying decision that you won’t regret.

Video

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?

  • email
  • phone
  • live support
  • training
  • tickets

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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.

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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Reviewed By Louie Andre
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