FREMONT, CA: The consulting company SoftNice launched its first cloud-based product in the e-procurement and supply chain management to enhance its productivity and presentation with better savings. The 2001 established information technology (IT) company has spent years of consulting in software application development, digital transformation, and workforce management solutions.
The cloud-based product Manugics—Transforming Procurement is the company’s largest product launch in its history. The product is presented as a SaaS (Software as a Service) model, solely on a combined platform for indirect spend management cooperative with different acquisition standards and policies.
The prime focus of the product Manugics by SoftNice is to help cut down the company’s expenses on procurement by using automated processes that will be user-friendly. It also brings a unified platform for the standardized and regular procedures to fasten the execution with detailed spend data for accurate insights. The product can be used extensively with any system as it follows a simple set up and arrangement to perform without any far-reaching training.
Manugics purifies and reevaluates the procurement with the help of artificial intelligence (AI), machine learning, and other broadly connected tools. It has a simple system for set up that allows it to work on any platform or device while ensuring long-lasting acceptance rates and user happiness.
The challenges of keeping an updated supplier network, managing it with fully functional vendor management system, contract management, and e-invoicing are taken care of by the Manugics procurement solutions and product. It helps the spend analysis, which ensures the total procure to pay journey is narrowed to a single interface with user transparency, procurement intelligence, and reports that help the business to make better decisions.
The product has opened up free trials for demo and focuses on providing clients and customers extending its products to places all around the globe.