SALASAR SRM (SUPPLIER RELATIONSHIP MANAGEMENT)
A One Salasar SRM is auction and procurement management software that helps You replace inefficient Email, Phone and Excel methods with a standardized, transparent procurement process that's easy for both buyers and suppliers.

A One Salasar SRM covers the entire procurement process :
  • Create and approve Purchase Requisition
  • Publish RFQ, E-Tender or Reverse/Forward Auction
  • Communicate with Suppliers
  • Compare Bids
  • Award winner
All relevant information is in one place, which gives you an overview of current and past requests and easy control over the entire procurement/auction process.
A One Salasar SRM saves your time and money. Our customers have saved 5% - 10% on their auction/procurement management budget and reduced time spent on auction/procur ement management by 25%.
Transparency helps decrease costs and increases supplier participation which helps companies save money
BENEFITS OF A ONE SALASAR AUCTION
Saves Time & Cost
  • Time = Money
  • We know that Money Saved=Money Earned
  • Improves time-to-value and induces more efficient savings
  • Increases productivity and lowers total cost of ownership
Cohesive Data Management
  • Centralized information portal
  • All data in one place
  • Data normalization and cross referencing made simpler
Saves Time & Cost
  • Time = Money
  • We know that Money Saved=Money Earned
  • Improves time-to-value and induces more efficient savings
  • Increases productivity and lowers total cost of ownership
Cohesive Data Management
  • Centralized information portal
  • All data in one place
  • Data normalization and cross referencing made simpler
PR & RFQ module
Why get quotes online?
  • You can invite quotes from all probable suppliers
  • More the suppliers, more the competition; Best competitive rates are available.
  • Easy & convenient
KEY MODULES & PROCESS
Auction Values
  • Email / SMS
  • Mobile App Notification
  • Personal Calls
Bid Submission
  • Suppliers submit response
  • Submit bid using website
  • Edit bid
PR & RFQ Creation
  • Publish PR & RFQ
  • Attach required documents
Award & Integration
  • With indenting module for PR
  • With contract modules for PO
RFQ Evaluation
  • Opening of bids received
  • Auto suppliers comparative report Generate L1 report
REVERSE AUCTION module
Why you should adopt Reverse Auction ?
  • Helps you automate your negotiation process
  • Used to negotiate all types of contracts includingservices
  • Plus makes your procurement highly transparent and gives equal chance to suppliers to compete and win.
  • Plus helps you cut down on costs, not the quality and you saves money & guarantees 100% ROI.
KEY MODULES & PROCESS
Auction Values
  • Email / SMS
  • Mobile App Notification
  • Personal Calls
Bidding Rules
  • Allow manual or auto bid
  • Use Web for bidding
  • Allow or disallow proxy bid
Confidentiality
  • Mask name of suppliers
  • Mask supplier name for buyers
  • Track IP Address & Login date
Auction Sub Variant
  • Show price to bidder
  • Show rank to bidder
  • Show rank upto 2 or as 2+
Auctioneer Rights
  • Start/Pause auction
  • Delete wrong bid
  • Block mischievous suppliers
Decrement Rules
  • Decrement in %
  • Decrement in fixed value
  •  
Award Contract
  • Get Savings
  • Issue PO
  •  
General Parameter
  • Start date & time
  • Auction business rule document
  • Auction notice, documents
FORWARD AUCTION module
Why You Should Adopt Forward Auction?
  • It helps you automate your disposal processand makes it faster
  • Plus helps you earn more from you disposals
  • Also makes your auction highly transparent
KEY MODULES & PROCESS
Increment Rules
  • Decrement in %
  • Decrement in fixed value
Auction Values
  • Start price
  • Currency
Bidding Rules
  • Allow manual/auto bid
  • Allow proxy bid
Confidentiality
  • Mask name of buyers
  • Mask buyer name for seller
  • Track IP Address/Login date
Auction Sub Variant
  • Show price to buyer
  • Show rank to buyer
  • Show rank upto 2 or as 2+
General Parameter
  • Start date & time
  • Auction business rule document
  • Auction notice, documents
Auctioneer Rights
  • Pause/Start/Cancel auction
  • Reject wrong bid
  • Block mischievous suppliers
Award Contract
  • Earn More
  • Issue PO
Tender Management
Why you should adopt eTetndering/eRFP?
  • Bids can be accepted anywhere, anytime. It can be done 24 X 7.
  • Bid Evaluation results are automatically generated saving time and effort.
  • Proven, secure, collaborative & easy to use tool
KEY MODULES & PROCESS
  • Publish tender notice & document
  • Conduct online pre bid meetings (optional)
  • Issue corrigendum/addendum (optional)
  • Online Tender submission
  • Online Tender opening by Tender opening committee (TOC)
  • Evaluation of Tenders by Tender evaluation committee (TEC)
  • Seek clarification & negotiate with bivdders (optional)
  • Award Tender by issuing Purchase Order