How our eProcurement Platform works for corporate buyers

We remove all the pain of procurement – you just point and click to get the best prices from pre-approved suppliers. Lower costs from your existing suppliers, or improve your margins by sourcing new ones, using the power of cloud computing and the latest digital technologies.

Having worked as procurement professionals, we understand every aspect of the field. We understand how difficult and time-consuming it is to ensure that one always gets the most competitive prices and the best value, every month.

Because of this we know that companies typically use established suppliers, concentrating on keeping margins as tightly controlled as possible. There often simply isn’t time to source new suppliers, let alone constantly monitor all their prices to make sure you’re getting the best deal.

Meridio’s eProcurement Platform does this – and a whole lot more.

You get a “single view” of your procurement process, with better visibility, more detail and more intelligent technology than before.

Easy, smart, cost-effective eProcurement

In essence, we record your procurement needs and your existing suppliers. We then source additional suppliers and create a reverse online auction, where you set a maximum price for the goods or services you need, and watch the bidding from pre-approved suppliers. These suppliers have all been verified in ways that are customised for South African market needs, such as BB-BBEE compliance. Once your price point has been met, you choose the most cost-effective supplier.

You get more granular control over your costs, as you can mine for small cost efficiencies that can add up to large savings.

Our thorough research ensures reputable suppliers. You can view all potential suppliers and receive their offers simultaneously, rather than undertaking the arduous process of going from one to the next in search of procurement cost efficiencies. Our eProcurement Platform also allows you to negotiate with suppliers.

Our eProcurement system automates many of the mundane procurement tasks, and enables new approaches to traditional processes – from strategic category management to supplier performance management.