Reputed Erp Firm Looking Working Partner/funds for Their New E Procurement Product
Email
Phone
Google
LinkedIn
Facebook
Product / Service
E Procurement and E Sales Solution, Integrating Process between Organizations
Clientele type
Clients Catered: Their customer base encompasses all sectors and sizes, from small businesses to industry leaders.
* From companies having turnover of 10 Cr to 500 Cr
* From companies using a 5 user system to a 150 user system
Premises
Team
Asking Price Includes
Will be discussed
Reason
We wish to partner with a company who would be able to add value to our Vision of developing a Global VMS Solution Vendor Management System
Other Details
This ERP Software firm incorporated in 2000 as a Private Limited company. One of the few Indian companies They Innovated and Developed a Rapid Application Development Framework ELIT Easy Logic Implementation Tool .
Using this ELIT RAD TOOL Integrated Enterprise Solutions were developed across diversified Industrial Verticals with MS SQL Server as the backend database .
They are one of the few Indian ERP companies that stand out among their Indian Competitors.
IBS ERP has been compared to Global ERP vendors.
New Product Offering:
Vendor Management System VMS platform would help in building effective communication between the Buyer and Supplier organizations to improve timely decision making in the enterprise. It integrates Vendor Supplier business processes into a single solution sharing critical business data across the partner ecosystem. Competition in our market place is growing every day in strength and in numbers. It’s imperative to continuously reduce operational cost, improve decision making among our enterprise business partners. To sustain growth and remain competitive, an integrated Vendor Supplier Platform is no longer an option, but a necessity. Vendors contribute to the bottom line of companies, making them competitive and hence important Partners in Business. Seamless communication between Buyers and Suppliers is critically important to the health of any business. A Vendor Management Platform will provide better monitoring and control the easier distribution of information, process integration, and connectivity across the partner ecosystem.
75% of the product development has been achieved.
Keywords
Business Tags
₹10 to ₹200 Cr
Complete Investment Banking Solution in 120 Days
Seamless Fundraising/M&A transactions
Start your growth journey with our 25+ Years of Experienced Professional Team.
Contact IBGrid TeamFrequently Asked Questions
How to contact a business owner directly to buy or invest in a business?
Connecting with a business owner directly is simple! Just follow these 3 easy steps: 1. Create your FREE Investor/Buyer profile on IndiaBizForSale 2. Explore the 'Business Opportunities' section to find 10,000+ business opportunities matching your investment preferences. 3. Click on the 'Contact Business' button and connect with business owner directly. Check here to know how it worksNote: Once you create your profile, you will get ONE introduction credit, allowing you to contact any ONE featured business.
How does IndiaBiz verify the business information?
The business opportunity is either posted by the business owner or advisor. After that, our team checks the information for completeness, language, and accuracy. Once the basic checks are met; only then the opportunity is published. We also get users' feedback for the opportunities they contact and based on their feedback, the opportunity maybe put on HOLD till further clarification. Many opportunities are not published when it does not pass through our internal procedure checks. We sincerely request you to carry out complete due diligence before taking the transaction ahead. In addition, the contact details of the business are verified via phone/email.
What to consider before buying or investing in a business?
Below are some of the factors that need to be considered before buying or investing in a business:- Growth prospects of the industry and business
- Sales, profitability, and cash flow of the business should be considered
- Consideration you have to pay; form of consideration (either cash or shares or some combination of both) to be paid?
- Source of financing the purchase
- Amount of additional investment that will be required to grow business
- Does the business have second-line of management?
- Are you going to run the business on day-to-day basis or appoint some professional for the same?
- What decisions are to be taken to improve the profitability of the business?
- Time period of payback or return is envisaged from the business?
- Any long-term strategic benefit or synergy with your existing business?
- Will the clients continue with the business after the acquisition?
