Procurement & Vendor Management Automation

Procurement leaders today face a dual mandate: reduce costs while enhancing supplier collaboration and risk resilience. Yet fragmented vendor systems, manual onboarding, and slow approvals make procurement a bottleneck instead of a value lever.
With intelligent automation, procurement becomes a strategic function—agile, insight-led, and fully connected.

Problem Statement:

Traditional procurement processes rely heavily on manual checks, fragmented communications, and inconsistent compliance tracking. This results in delays in vendor onboarding, missed sourcing opportunities, and exposure to supply chain risks. Inadequate visibility across suppliers also impairs negotiation leverage and risk management.

Solution:

Predikly brings intelligence and automation into procurement workflows—from vendor onboarding and RFQ management to contract compliance and performance analytics. RPA automates repetitive tasks like documentation, approvals, and PO generation. AI and ML evaluate vendor risk, optimize sourcing strategies, and deliver predictive insights into supplier performance. Integrated dashboards offer a unified view across the supplier ecosystem.

Benefits:

• Accelerated Onboarding: Reduce vendor setup time by up to 70% with automated KYC.
  
  
• Improved Compliance: Enforce contract and policy adherence across the supplier base.
  
  
• Cost Optimization: Identify savings opportunities through smarter sourcing analytics.
  
  
• Vendor Visibility: Gain 360° insight into supplier performance, risk, and capacity.
  
  
• Faster Procure-to-Pay: Streamline end-to-end procurement lifecycle through automation.
  
  
• Risk Mitigation: Proactively monitor geopolitical, financial, and compliance-related risks.
  
  
• Unified Supplier Data: Integrate systems for consistent, centralized procurement intelligence.
  
  
• Scalable Sourcing: Enable agile procurement across geographies, categories, and demand shifts.