TMCnet News
United States : SOFTTEK unveils new line of GPaaS solutions [TendersInfo (India)](TendersInfo (India) Via Acquire Media NewsEdge) Founder of the nearshore sector and major global IT services provider committed to maximizing the value of applications, Softtek, has unveiled its new series of Global Procurement as a Service (GPaaS) solutions, which aims to help Global 1000 companies to bring efficiency to their procurement process, by integrating intense domain knowledge, streamlined processes, procurement technology and data science capabilities. The new service allows Softtek to help businesses operate more effectively in procurement transaction processes; analyze spend for determining trends, outliers, patterns and seasonality; and define action plans accordingly. Moreover, the GPaaS enables businesses to drive category management and efficiently manage contracts through their lifecycle. Managing Director for Procurement Services at Softtek, Krishnan Venkat, said : "Spend can represent 50% or more of the price of product or service of most companies today. We help organizations understand and bring a strategic approach to how effectively this cost is managed, and we support them towards managing the process in its entirety." (c) 2014 Euclid Infotech Pvt. Ltd. Provided by SyndiGate Media Inc. (Syndigate.info). |