Krinati Solutions

Transform your Sourcing process

An innovative eSourcing solution that allows companies to think beyond Reverse Auctions!

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Improved compliance & transparency

Reduced cycle times & enhanced teamwork

A near-immediate Return on Investment

Transform your
Sourcing process

An eSourcing solution that leverages knowledge management and team collaboration to deliver maximum value

Improved compliance & transparency

Reduced cycle times & enhanced teamwork

A near-immediate Return on investment

Request Demo

The Krinati Advantage

  • A cloud-based solution with a modern, easy-to-use UI
  • Built with inputs from procurement experts, consulting companies and suppliers
  • Securely hosted on AWS
  • Program management services to ensure success, every time
  • Knowledge Templates, Stakeholder Collaboration, Approval Notes, Contract Repository all bundled for the highest value proposition

The Krinati Advantage

  • A cloud-based solution with a modern, easy-to-use UI
  • Built with inputs from procurement experts, consulting companies and suppliers
  • Knowledge Templates, Stakeholder Collaboration, Approval Notes, Contract Repository all bundled for the highest value proposition
  • Securely hosted on AWS; accessible from anywhere
  • Program management services to ensure success, every time

The Krinati Advantage

  • A cloud-based solution with a modern, easy-to-use UI
  • Built with inputs from procurement experts, consulting companies and suppliers
  • Knowledge Templates, Stakeholder Collaboration, Approval Notes, Contract Repository all bundled for the highest value proposition
  • Securely hosted on AWS; accessible from anywhere
  • Program management services to ensure success, every time

What our customers achieve

  • Online auctions deliver ~9% savings across a wide range of categories – Direct, Indirect and Capex
  • Competitive RFPs deliver savings where auctions aren’t feasible
  • Improved transparency & faster award decisions encourage suppliers to bid competitively
  • Easy to configure so users can start executing sourcing events within a few days
  • Build knowledge repositories of questionnaires and pricing sheets proactively and share among category owners.
  • Re-use knowledge templates to create and publish RFPs within minutes.
  • Dynamic Response Analysis of bids, as soon as they are received, for a quick health check without the need for preparing comparative statements offline.
  • Add multiple stakeholders to a sourcing event for effective collaboration.
  • Online RFIs and RFPs, in addition to online auctions, improve compliance of the entire sourcing process.
  • Scoring of qualifying criteria by multiple stakeholders allow for a transparent selection of suppliers.
  • Stakeholder communication within each sourcing event provide details of key decisions taken.
  • Configurable Approval Notes and approval flows for approving the right award scenario to deserving suppliers.

Our Products

eSourcing

Build Questionnaires, Pricing Sheets and Auctions ensuring a high level of compliance and transparency

Contract Management

Maintain a contract repository, track expiry dates and contract obligations and greatly minimize risk

Supplier Management

Approve and reject supplier categories within supplier profiles, provide dynamic feedback to sourcing teams

Consulting Services

Flexible program management support to assist the team in leveraging the solution capabilities

Know More

Our Products

eSourcing

Build Questionnaires, Pricing Sheets and Auctions ensuring a high level of compliance and transparency

Contract Management

Maintain a contract repository, track expiry dates and contract obligations and greatly minimize risk

Supplier Management

Approve and reject supplier categories within supplier profiles, provide dynamic feedback to sourcing teams

Consulting Services

Flexible program management support to assist the team in leveraging the solution capabilities
Know More

Key Features

Reveal rank or best price to suppliers participating in an RFP. Trigger multiple bids from suppliers when the RFP is live.

Conduct multiple auction formats with configurable options. Maximize supplier participation.

Build knowledge templates and share with co-buyers. Reduce time to create and publish RFPs to minutes.

Maintain a repository of active, expired and renewed contracts. Mitigate risks by assigning tasks against a contract and setting expiry alerts.

Analyze bids as soon as they are received from the supplier. Mitigate risks with critical information at a glance.

Include ceiling prices per supplier for both RFPs and Auctions. Greater savings in RFPs and no loss of savings in Auctions.

Engage cross-functional stakeholders to weigh in on the supplier selection process. Better outcomes to sourcing events.

Create several award scenarios to optimize multiple criteria. Configure an approval form to have the right award scenario approved.

Proud Stories

During the pandemic, adoption of Krinati Sourcing helped us become more productive while remote. We use Krinati for RFPs and Auctions - both reverse and forward. With several categories being negotiated frequently due the volatile pricing, the solution helped us significantly reduce sourcing times.

Read Super-Max's Success Story

Vijay Pawar

Head Procurement, Super-Max

Customer

With our investment in Krinati, we not only realized significant bottom-line savings, but also drove best practice processes in our sourcing function.

Read Aegon's Success Story

Satishwar Balakrishnan

MD & CEO, Aegon Life Insurance

Customer

Want to understand how the Krinati solution suite can help you ?

Request Demo
Krinati Solutions

An eSourcing solution that leverages knowledge management and team collaboration to deliver maximum value

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