New e-procurement product launched

To effectively select vendors, effortlessly post requirements, efficiently evaluate vendor’s technical and commercial offerings, a new e-procurement product — PRM360 has been launched.

The seamless integration of PRM360 and customisation as per client’s needs can ensure 15% net saving on account of online bidding and over 70% savings on man hours due to auto-quotation follow-ups and comparison of the quotes, said Nitesh Reddy, Founder & CEO, and Ravi Kumar, CO-founder & CMO, Acads360 India Pvt Ltd.

They said the product brings in several advantages for an organisation like savings on expenditure, as auto negotiations drives huge savings and transparency in procurement cycle.

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Printable version | Apr 13, 2021 11:11:18 PM | https://www.thehindu.com/news/cities/Hyderabad/prm-360-e-procurement-product-launched-15-saving/article19716340.ece

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