Rekochain Revolution

Unified Solution to Manage all your Procurement Needs

Enabling Digital Transformation for Supplier Networks

Switch to Smart Supplier Collaboration Portal

The integration of Blockchain technology, Smart Contracts, Artificial Intelligence, Machine Learning makes procurement synchronized and agile. Rekochain is one such intelligent supplier collaboration platform that amplifies control, compliance, and efficiency to the procurement process. It manages every single aspect of procurement right from sourcing to finance.

With Rekochain, suppliers and buyers are bought together at one channel to work together. Once on-board with us, users have access to insightful real-time reports to help them make smarter & well- informed buying decisions. The combination of various technologies provides the user with a solution that puts them in control & improves efficiency.


Rekochain Architecture




SAP Business suite & ERPs



Other ERPs
Sync business process
Sync business process
Two
way
sync

Onboarding

Due Deligence & Evaluation

Segmentation

Monitoring & Price updates

RFQ, Bidding & Tender

Supplier Lifecycle

Spend
Analysis

Saving
Analysis

Spend
Forcasting

Contract
managment

Project
Tracking

Delivery
Tracking

Reconciliation of Invoices

Collaborative Supply chain Exe

Support direct indirect spend

Supplier Operations

External data sucess


Commodity Trading
sources

Government
sources

Logistics/3PL
Sources

Financial
Sources

Rekochain Network

Collaborative Features that You Can Count On!



Manage

  • Registration

  • Qualification

  • Evaluation

  • Comparison

  • Masters

  • Batch/Serial

  • Suppliers

  • Distributors

  • Partners

  • 3PL

  • Banks


Source

  • RFQs

    • With Items
    • Without Items
    • Multiple Suppliers

  • Pre-Tender & Project

  • Approvals

  • Tender Process

  • Supplier/Contractor

  • Evaluation

  • PR to PO Approval Template

  • Budget/Price Update

  • Approvals

  • Quotation & Price Approvals


Contract

  • Contract Management

    • Fixed Price
    • Lump-sum
    • Quantity
    • Maintenance
    • Milestone
    • Retention Process

  • Ability to maintain

  • Flexible contract terms

  • Contract to PO process Project to Contract

  • Sub-contract Process Multiple Pos at One-shot Returns

  • Process


Planning

  • PO Planning based on Suppliers

  • Periodical Planning of Suppliers

  • Delivery Planning

  • Split Deliveries based on all Factors

  • Project Planning

  • Exception Handling Planning

  • Process

  • Inventory Forecast

  • Scheduled

    • Agreements
    • Terms Collaboration between Suppliers

Execution

  • Acceptance of Pos on confirmation by supplier

  • Deviation during Product Replacement, Delivery

  • Delivery assignment to 3PL (both Buyer and Supplier)

  • Continuous Tracking of Delivery and Live Dashboard

  • Delivery Status

  • GRN Acceptance by Gate and actual

  • Returns Confirmation


Invoice

  • Invoice Generation both Internally and Externally

  • Adhoc/Debit Note/ Credit Note

  • Reconciliation of PO to Invoice

  • Payment made through External Systems can be Captured

  • Ability to Provide Insights on Various Savings

  • Electronic Invoice Generation for Suppliers Locking Systems


ERP Integration

  • APIs available at all levels

    • Masters
    • Project
    • Contract
    • RFQ
    • Quotation
    • PR
    • PO
    • Inventory
    • GRN
    • Invoice
    • Payments

  • Blockchain-enabled backend to support quick integration with any application


Let’s Transform your Buying Process!

contact us