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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
Knowing that businesses have particular business-related demands, it is only prudent they abstain from subscribing to a one-size-fits-all, ”best” software. At any rate, it would be hard to try to pinpoint such a software solution even among widely used software products. The reasonable thing to do would be to take note of the numerous main functions which entail scrutiny such as key features, budget, technical skill capability of staff members, business size, etc. The second step is, you must do the product research fully. Have a look at some Moglix Vendor Portal evaluations and check out each of the applications in your list in detail. Such comprehensive product research ascertain you weed out ill-fitting apps and subscribe to the system that offers all the function 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 may also be beneficial to examine other subcategories of Procurement Software gathered in our database of B2B software reviews.
Each company has different wants and requires an application that can be personalized for their size, kind of employees and buyers, and the particular industry they are in. For these reasons, no software can offer perfect features out-of-the-box. When you try to find a software app, first be sure what you want it for. Read some Moglix Vendor Portal Procurement Software reviews and ask yourself do you desire basic functionality or do you require complex tools? Are there any industry-specific tools that you are searching for? Get the answers to these questions to help your search. There are multiple elements 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 zero in on the system that offers all that you want to enhance your organization 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 realize that when you decide to get a Procurement Software it’s crucial not only to find out how professionals evaluate it in their reviews, but also to discover if the actual users and companies that bought it are indeed content with the service. 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 broad range of social media sites. The information is then presented in an easy to digest way revealing how many clients had positive and negative experience with Moglix Vendor Portal. With that information available you will be prepared to make an informed buying 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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