Any procurement process faces issues such as ineffective contract management, increasing costs, inability to extract data on savings and spend, non-standardized processes and compliance to rules, ineffective supplier management and more.
To take these on, we have developed RekoChain – a Smart Blockchain-enabled Supplier Collaboration Portal to help you streamline the process and make better buying decisions. It is a unified source-to-pay platform that handles all the complex tasks right from sourcing to financing your purchase orders, all while giving you an ‘e-commerce’ like shopping experience. It integrates Artificial Intelligence, Machine Learning and Blockchain technology into procurement making it a fully automated process.
RekoChain is available for all industry verticals to deploy.