Key results that can be achieved
14.3%
reduction in operational costs
-50%
faster procurement processes
-60%
reduction in administrative costs
-15%
shorter time-to-market
A multinational company eliminated 1 billion plastic packages in just one year using the platform.
Get to know the CaseSoluction
How we help your procurement team
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Difficulties in analyzing proposals
and defining the best offer because they are spread across multiple spreadsheets and emails, meaning the information is decentralized.
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Problems in negotiations
when dealing with several suppliers at the same time, due to the heavy operational workload and manual tasks handled by your procurement team.
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Low number of negotiations
caused by the amount of time spent on each operation.
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Reliable history
difficulty maintaining a trustworthy history and proper contract management so they can be audited.
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Strain in supplier relationships
and excessive operational workload.
Features
Reduce costs, streamline processes, and improve procurement outcomes
RFX
Create RFX negotiation events, such as RFI (Request for Information), RFP (Request for Proposal), and RFQ (Request for Quotation), and use predefined templates to optimize your process.
Auctions
Run auctions through the platform, such as reverse, forward, and Dutch auctions, by defining the starting bid, bid behavior, and analyzing bids in real time to obtain the best prices for your products and services.
Comparison matrix
View supplier responses and compare them side by side, in a standardized format, identifying the best options for your needs and facilitating decision-making.
Online and offline bidding
Flexibility to negotiate the way you prefer, whether online or using Excel to import and export data.
Project management
Create and track projects with task assignments and deadline definitions, role creation, approval workflows, and other useful features.
Features
How technology solves your company’s challenges
RFX creation
Define the RFX type and configure all parameters needed for the sourcing process.
Submit RFX
Track acceptance of terms and conditions and manage the negotiation event.
Await resolution
Review supplier proposals and communicate with participants.
Closing
Select the winners, finalize the negotiation, and notify participants by email.
Success with Neogrid
Companies that achieved results with the product.
