S2P PLATFORM

Vendor Empanelment

MEREDIAM Source 2 Pay

MEREDIAM Source 2 Pay

Sourcing Management Platform

MEREDIAM SOURCE 2 PAY

Vendor Empanelment

Using data analysis based on factors such as current market trends, historic spend, and overall organizational goals for business development, potential vendors are identified and evaluated. 

Promising vendors can be on-boarded for collection of vendor master data and to provide role for interaction with the buyer’s procurement software and workflows.

MEREDIAM SOURCE 2 PAY

Temporary Credentials for Potential Vendor Partners

Potential vendors can be provided with a temporary login which will expire automatically on a pre-specified time.
Vendors can log-in and upload their credentials for evaluation. 

Introduction

Vendors can self-introduce and can be recommended off-line. 

Temporary Credentials

Temporary vendor role can be created to enable potential vendor partners to upload their credentials.

Data Submission

Vendors can submit their details through a simple form pre-designed based on customer's empanelment policy.

Mobirise

Vendor Credentials Submission

Using data analysis based on factors such as current market trends, historic spend, and overall organizational goals for business development, potential vendors are identified and evaluated.
Promising vendors can be on-boarded for collection of vendor master data and to provide role for interaction with the buyer’s procurement software and workflows.

Mobirise

Evaluation

All relevant “RFx” documentation, such as requests for quote(RFQ), requests for proposal (RFP), request for information (RFI), etc. is prepared, reviewed, and approved for distribution.
Suppliers are invited to submit the required bids. Interested suppliers participate in the bidding.

Mobirise

Compliance

For vendors who will be added to the procurement software as a preferred vendor with a relationship extending beyond the current bid, the buyer negotiates to establish optimal contract terms and pricing.

Once the parties have reached an agreement, the contract is created, reviewed by both parties’ for legal and informational accuracy and completeness, and signed.

Mobirise

Platform Access

Potential candidates are reviewed for suitability, and winner(s) chosen. Depending on the intended role of the supplier, a purchase order, contract, or both will be created. Supplier performance is monitored. Good performance will be rewarded with more orders. 

430

+

EMPLOYEES

140

+

CUSTOMERS

300

+

PROJECTS

25

+

YEARS OF EXPERIENCE

MEREDIAM is a cloud based Global Sourcing Platform that provides greater spend efficiency while reducing costs. MEREDIAM streamlines all aspects of the sourcing process.

Multiple modules can be plugged into the MEREDIAM platform based on requirements. This makes rapid implementation with high scalability.

Customers

HONEYWELL

BRIGADE

TESCO

PAYTM

GE

FINCARE