SAAS Based eProcurement eAuction Online Portal For Sale
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Product / Service
Complete automation of procurement process of eProcurement (RFQs), eAuctions as well as PO Generations, record keeping along with other functionalities of eListing & eLogistics with proper Training & Support to operate the system smoothly by the team.
The benefit of this Procurement system at a glance is
1. A digital platform full of “Purchase automation
2. Easy Vendor Evaluation & Selection
3. Communication time reduced
4. Quality of the products cross-verified
5. Pricing competitiveness.
6. Compliance with negotiated terms.
7. Substitutions made easy
8. Auctions, RFQs, eLogistics, eListing, eRenting & Machine Maintenance can be done on a single platform.
Clientele type
All manufacturing companies require this e-procurement SAAS-based system to automate their Vendor as well as Procurement systems. This system is competitive with SAP-Ariba.
An e Auction & online bidding can be performed by the user or by the Marketplace owner by having a dedicated team to run the show.
Premises
OWNED
Premise Size: 10000
Market Value (in INR): 3.00 Cr
NA
Asking Price Includes
Complete IPR & application running on AWS Server
Reason
Our company is cash rich with its IT Business of 53 years. However, not we have decided not to divert focus on this particular business further.
Other Details
We are a very big organization that developed this particular product, but could not focus on running this show separately by setting up a dedicated team, so want to sell it out with the right party who could run it further.
Five years time has gone by it developing this particular product
This project is currently running on AWS Server
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?
