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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
Since businesses have specific business-related demands, it is only prudent that they steer clear of choosing a one-size-fits-all, ”best” business program. Regardless, it would be futile to try to find such an app even among branded software systems. The rational thing to undertake is to take note of the several main functions which necessitate inspection like major features, pricing, technical skill competence of staff, organizational size, etc. After which, you must perform your research comprehensively. Go over some of these Moglix Vendor Portal evaluations and look over each of the software programs in your shortlist more closely. Such all-encompassing product investigation guarantees you avoid mismatched apps and pay for the one which provides all the aspects your company 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 considering Moglix Vendor Portal it may also be sensible to analyze other subcategories of Procurement Software listed in our base of SaaS software reviews.
Every business has its own characteristics, and can need a special Procurement Software solution that will be adjusted to their business size, type of clients and staff and even particular industry they cater to. It's not wise to count on locating an ideal software that will be suitable for every company no matter what their history 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 solution is supposed to do for your business and your staff. Do you require an easy and straightforward solution with only elementary functions? Will you really use the complex tools needed by pros and large enterprises? Are there any specific features that are especially practical for the industry you operate in? If you ask yourself these questions it will be much easier to get a solid software that will match your budget.
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 know that when you make a decision to purchase a Procurement Software it’s important not only to learn how professionals score it in their reviews, but also to check whether the actual users and enterprises that bought these solutions are actually happy with the product. Because of that need we’ve created our behavior-based Customer Satisfaction Algorithm™ that gathers customer reviews, comments and Moglix Vendor Portal reviews across a vast array of social media sites. The data is then displayed in a simple to digest format showing how many clients had positive and negative experience with Moglix Vendor Portal. With that information at hand you should be ready to make an informed business choice 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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