PRM360, a product of Acads360 India Pvt Ltd, is a highly configurable procurement software solution that helps to digitize the entire procure-to-pay cycle with ease. Recognized as No.1 Global leader for Procure to Pay suites by Gartner Peer Insights Customer Choice 2021, PRM360 is one among World’s top 4 rated P2P products from the Asia-Pacific region.
Powered by Artificial Intelligence, PRM360 offers a complete digital transformation of procurement and strategic sourcing with customization to meet the heavy demands in several industries.
The core features of PRM360 include:
E-Auction System:
Supports e-bidding & negotiation with reverse, logistic, & forward auction types to maximize profits
Contract Management:
Automates entire end-to-end contract lifecycle, eliminating manual efforts & maximizing ROI
Catalog Management:
Streamlines the data management of products, categories, etc. through synchronization, simplification & automation
eInvoicing Management:
Redefines the invoice handling process, streamlines the workflows by eliminating the complexity & automating accounts payable
Spend Analysis:
Tracks procurement spending with AP automation, spend analytics to identify trends, risks, & optimization opportunities
Savings Tracker:
Outlines the life cycle view of financial & material savings to establish Online Inventory, Scrap Tracking Management System
Project Management:
Offers complete digital transformation across the entire source to pay lifecycle by automating purchase requisition, finance approvals & Data Analytics Validation
Vendor Management:
Keeps track of all the vendor and supplier data in one place to evaluate their performance for future collaborations