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Solve your most costly spend management problems with ConQT's smart procurement platform.

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Saurabh Vasist

Vendor Relationship

“ConQT-VMS's most significant benefit is the increase in efficiencies for the writing and matching of purchase orders. We have saved about 34,000 hours! ”

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Shruti P

Procurement Manager

"From the very start, the team at ConQT Technologies provided exceptional support, ensuring a smooth implementation and integration with our existing ERP system."

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Vorapoch R

Procurement Manager

“ConQT-VMS has revolutionized our procurement process at MedEquip Solutions. Since implementing ConQT-VMS, we’ve achieved a cost reduction of approximately 15%, which has significantly impacted our bottom line.”

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Pearl G

Managing Director

“ ConQT-VMS has been a game-changer for HeartyHelper. It has streamlined our vendor management, reduced time wastage, and enhanced our overall operational efficiency. ”

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Archana S

Managing Director

“ConQT-VMS has completely changed the way we operate. The software's ability to centralize all vendor communications and contracts in one platform has streamlined our operations significantly. ”

Vendor Management

All-in-One Vendor Management for Strategic Sourcing

Streamline vendor onboarding, documentation, approvals, and communication. Negotiate better rates, reduce maverick spending, and make smarter sourcing decisions.
Vendor Self-Onboarding
Easily onboard your preferred vendors and create a process to manage vendor requests.
Vendor Approvals
Pre-approved vendors help streamline purchasing process, ensuring adherence to budget and compliance.
Contract Details
Centralize vendor records for purchasing decisions, negotiations, and risk assessment.
Purchase Management

Streamline purchase requests and boost collaboration

Manual purchase requests are slow and error-prone, causing delays and poor tracking. ConQT VMS streamlines workflows with mobile access, instant updates, and chat for better transparency and team collaboration.
Streamlined requisition workflows
Effortlessly request purchases on any device. Easily locate items in catalogs and submit for approval.
Real-time status updates
Get real-time updates on requests, approvals, and more via email, mobile, or Slack.
Improved transparency and team collaboration
Discuss purchases, tag team members and collaborate using built-in chat on the platform.
Contract Management

End-to-end visibility and control for all contract spend

ConQT VMS integrates contract management into its procure-to-pay platform, connecting contracts with spend management, tracking spend accurately, and streamlining invoicing.
Real-time visibility into contract spend
Track Contract Spend v/s Total Value to control spending, reducing manual errors.
Never miss a cost-saving opportunity
Timely alerts help you stay in control and maximize contract benefits.
Stay compliant with accurate contract records
Prevent overpayments, penalties, and track changes with a trustworthy audit trail.
Inventory Management

Manage all your stocks with full visibility and control

Real-time inventory insights by location and category help optimize stock and cut costs. Manage inventory across locations centrally to fulfill employee requests efficiently.
Improve cash flow
Optimize stocks with real-time location-based insights to reduce costs.
Visibility across locations
Fulfill purchase requests efficiently with centralized inventory management and stay compliant with accurate contract records.
Auto Replenishment | Never run out of stock
Automatically request purchases when inventory is low to keep ideal stock levels.
E-Bidding

Drive cost savings using eAuctions Pro

Traditional eAuctions are reimagined for modern global procurement. eAuctions Pro offers seamless, integrated bidding for dynamic pricing, strategic relationships, and cost savings.
One-Click Event and Bid
Engage in the fastest competitive bidding with a real-time, user-centric auction interface.
Advanced Algorithmic Matching
Leverage over 45 unique strategies for optimized vendor matching and savings.
Intelligent Counter Offers
Leverage line item-based rankings and detailed supplier analytics to design smart counter offers.

Problem

Manual Processes

Time-consuming, error-prone

Lack of Visibility

Difficult to track performance

Poor Communication

Delays and errors

Compliance Issues

Risk of non-compliance

Limited Risk Visibility

Partial risk awareness

Data Inaccuracy

Errors in payments and reporting

Solution

Automate Tasks

Streamline processes

Track Data

Gain Insights

Secure Share

Improve communication

Track Compliance

Mitigate risks

Identify Risks

Proactive risk management

Improve Accuracy

Eliminate errors

Manual Processes

Time-consuming, error-prone

Automate Tasks

Streamline processes

Lack of Visibility

Difficult to track performance

Track Data

Gain Insights

Poor Communication

Delays and errors

Secure Share

Improve communication

Compliance Issues

Risk of non-compliance

Track Compliance

Mitigate risks

Limited Risk Visibility

Partial risk awareness

Identify Risks

Proactive risk management

Data Inaccuracy

Errors in payments and reporting

Improve Accuracy

Eliminate errors

Why ConQT VMS?

The ConQT Vendor Management System (VMS) offers numerous benefits to organizations looking to streamline and optimize their vendor-related processes. Here are some key advantages

Improved Compliance
and Risk Management

Streamlined Vendor
Onboarding

Centralized Vendor
Information

Enhanced Vendor
Performance
Monitoring

Cost Efficiency

Enhanced
Collaboration and
Communication

Unprecedented control over all
business spend

ConQT VMS unifies purchasing and AP automation in a single platform to give anyone the
tools they need to make responsible spend decisions. Unlock unprecedented visibility and
control, while saving time and money that can be reinvested into your business.

Everything you need from procurement to pay

One platform to manage and

engage with your suppliers

Empower your suppliers

Secure portal to manage profiles, POs and invoices

Supplier self-service

Centralized supplier data

Store supplier certificates and contacts

Easy vendor onboarding

Track supplier performance

Rate supplier compliance, deliveries and timeliness

Mitigate supplier risks

Manage vendor bids

Organize and manage vendor bids

Better comparisons

Purchasing made so easy,

you don’t even need a manual

Guided buying experience

Visual store front with punch out catalogs

E-com experience

Real-time budget monitoring

Real-time budget control and tracking

Set budget limits

Spend visibility and control

Custom purchase approvals

Rule-based approvals

Purchase Order Management

Create and track POs seamlessly

Streamlined process

Effortless Invoice

Management, Zero Errors

Automated Data Capture

Extract invoice data automatically

Reduces errors

Approval Workflow

Streamline invoice approval steps

Better compliance

Real-Time Tracking

Monitor invoice status instantly

Fewer delays

Reconciliation Integration

Match invoices with purchase orders

Accurate matching

Smart Sourcing,

Superior Savings

Easy PR Generation

Centralize PR creation across departments

Streamlined process

Seamless RFQ Conversion

Convert RFQs with AI-driven assistance

Improved accuracy

Auto Vendor Selection

Select vendors via product catalog links

Quick selection

Cost Comparison Analytics

Analyze and compare vendor costs

Informed decisions

Data-Driven Decisions

for Optimal Spend

Expense Reporting

Generate detailed spend reports

Clear insights

Budget Tracking

Monitor and manage budget adherence

Avoid overspending

Spend Categorization

Classify expenses into categories

Identify trends

Supplier Performance

Analyze supplier spend efficiency

Optimize suppliers

Streamline Purchase Requests and Enhance Collaboration

Manual purchase request processes are slow and error-prone, leading to delays in approvals, difficulty tracking request status, and a lack of collaboration between departments. ConQT VMS streamlines requisition workflows with mobile access, instant status updates, and built-in chat for improved transparency and collaboration across your team.

Find out how they fare in comparison

ConQT is built specifically for procurement and AP automation, so our Customer
Success team, which has onboarded hundreds of customers, knows how to help
streamline your purchasing operations and implement the best practices.
Features

Features

ERP Software
Purchase Request
Purchase Request
Vendor Coordination
Vendor Coordination
Price Analysis
Price Analysis
Online Negotiation
Online Negotiation
AP Automation
AP Automation
Vendor Self Onboarding
Vendor Self Onboarding
CEO Dashboard
CEO Dashboard
Manager Dashboard
Manager Dashboard
Department Report
Department Report
Approval App
Approval App

Start discovering opportunities for cost savings and efficiency.

Stop wasting money and streamline your vendor management process. ConQT helps you unlock hidden savings through improved organization and control. Get started today and see the difference efficient vendor management can make to your bottom line!

50%

of users found ConQT more easy to use than other software

75%

of users prefer ConQT to other software

Outcome of using ConQT

In the realm of high-stakes procurement, the margin for error is slim. ConQT's VMS module brings order to chaos, allowing for a granular approach to sourcing high-value goods and services. With ConQT, companies can say goodbye to disjointed emails and spreadsheets, and hello to a structured, transparent, and optimized capex sourcing experience.
Increased Efficiency

Streamlined operations

Improved Quality

Enhanced product standards

Risk Reduction

Mitigated vendor risks

Data Accuracy

Precise information management

Cost Savings

Reduced expenses

Better Compliance

Adherence to regulations

Enhanced Collaboration

Improved vendor relationships

Faster Turnaround

Quicker project completions

ConQT Success Stories

Turning Visions into Triumphs.

What our customers have to say about ConQT?

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