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"APPLES AND ORANGES ENGINE" UNDERLYING TECHNOLOGY
 

 

 


5 MINUTE CLIP

Whether browsing a catalog, awarding a proposal or conducting a reverse auction, traditional procurement systems fail to address the challenge of selecting the optimal solution in a best value sourcing situation. Faced with resource, time and financial constraints, today’s procurement organizations do not have the bandwidth to rely on traditional systems that require a great deal of human intervention to assess proposals. Procusoft delivers the first and only true expert assisted, multi-criteria, tradeoff based, real-time sourcing selection system. Every purchase is optimized by capturing the experts' knowledge into Procusoft, and sharing it across the organization, thus raising the decision making ability level of the entire organization to that of the expert.

 

Procusoft’s Apples and Oranges Comparison Engine can analyze and assess the merits of each offer based on the specific needs of the buyers. In addition, Procusoft supercharges traditional procurement systems by integrating the ability to compare products or portfolios that are not necessarily identical. For example, the system can now compare a $1000 laptop with a 15" screen and a 3.2GHz CPU to a $1500 laptop with a 17" screen and 2.5GHz CPU, based on the buyers needs.. This technology breakthrough enables, for example, true best value reverse auctions; unlike traditional reverse auction where qualified sellers bid on price only, with Procusoft your suppliers compete on all the criteria you care about in real time. Procusoft's trade-off based procurement technology delivers giant cost savings to procurement organizations and increased business process efficiency.