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How are CFOs leveraging the power of TrackPayout?

Trackpayout(Payment Followup Software) will take over smaller and more time-consuming activity day to day financial account receivable tasks #finance, as these CFOs can get full automation in their account receivable practices, which create a new lever of the finance payment collection, and follow-up method without human intervention.

Our API-based solution is gaining more integration traction in large and Mid Size companies, helping CFOs with the early collection, and our built-in Early Warning System lets our CFOs know where we are heading in terms of our collections/ Receivables

Real-Time Insights & Reporting

Using Quick Insight to make quick decisions

Cash flow management

Forecasting & collection

Reduce Bad debts

Trackpayout(Payment Reminder Software) assists CFOs to less focus on the bottom pyramid and focuses on the top strategic pyramid, which includes data-driven receivable analytics, Customers and automation.

For more information, please contact bishir@contisofttechno.com or call +91-8766638117 

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Customer Not Paying You On Time -Trackpayout

At Trackpayout, we are on a mission to address the issue of "delayed or late payments" from customers by streamlining the payment follow-up and collection process. Our solutions include

Advance Payment Reminders: Send automatic payment reminders to your  clients in advance, preventing  issues like "GRN not done" or "Invoice not received

Email and WhatsApp Reminders: Utilize email and WhatsApp reminders to prompt timely payments.

Customer Payment Insights: Easily identify your reliable payers and those with late payment tendencies.

Credit Hold Capability: Exercise the option to place holds on credit.

Early Payment Facilitation: We assist you in securing early payments.

Debt Recovery: Recover outstanding dues and bad debts.

ERP/Tally/SAP/Zoho/QuickBooks Integration: Seamlessly integrate with your existing software systems.

1 minute video link : https://www.youtube.com/watch?v=ePzZtjvkEuc&t=2s

For More Information Visit: https://trackpayout.com/

YouTube Link: https://bit.ly/3iFfGbO

Contact Us: 9175288052

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TenderITnow: RFP Software

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Do you want to know when is your IT hardware warranty going to expired ?

Many of us still not aware of when is our IT Hardware warranty is due , or when to plan our next Hardware refresh cycle due to some of these below issues:

Are you still managing all your IT hardware /software , warranty renewal in excel or spreadsheet?

Is your existing IT hardware or software warranty or license information missing ?

Wanted to know when your IT hardware or software product will have End Of Life ?

Do you know which support you have with your IT hardware or software?

Looking for an IT hardware or software AMC  renewal vendor ?

Does your existing ITAM tool send you or supplier reminders or alerts in advance for any upcoming warranty expiration ?

Is your data center hardware warranty information upto date accurate ?

Is your warranty or out of warranty asset not yet replaced, you have to do multiple follow up or call logging with OEM or supplier ?

Looking for a warehouse to  store all your IT asset infrastructure. 

Wanted to connect our system with your existing ITAM tool ?

Need to be ready for an IT hardware audit? 

Many more 

RenewalHelp (Warranty Reminder Software), we manage and automate all your IT hardware and software warranty information and keep your IT asset information up to date and accurate.

so that you never miss any renewal or warranty void.

Our data help you to make decisions in your technology refresh or procurement. 

RenewalHelp provide you the complete visibility of all your hardware /software warranty information ,EOL , depreciation value and connect you with correct supplier for renewal of your IT asset.

Expiration Date Tracking Software

Interested to see the demo , please call on 9175288052 or email

avinash@contisofttechno.com

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Are you looking for an easy way to manage your accounts receivable? Then check out this Accounts Receivable software!!!!

For any business to run with efficiency, it must not only have a powerful accounting management system but also have a keen understanding of it. At times, as a business, you make sales but are not paid instantly. This is known as accounts receivables. Accounts receivables are recorded as assets within the balance sheet and are treated as current assets.

Manually doing accounts receivable management is a cumbersome method and prone to errors. this can be why it's necessary to automatize your accounts receivable management by using accounts receivable automation software.

Features within Accounts Receivable Software

·       Accounts receivable software allows you to track customer payments, create invoices, and generate reports on your sales performance.

·       Sends automatic reminders to your customer for all your upcoming payment dues by Invoice or Ledger

·       Analytics with Sales vs Purchase, Receipt vs Payment and many more

·       Follow-up dashboard by Invoices

·       Bill Discounting to generate capital against overdue invoices

·       Onboard Supplier/Customer through digitally

·       Manage Customer Enquiry/Leads (CRM)

·       Send follow-up by Email and WhatsApp

·       Attached Bank Details on template

·       Integration with Tally, Zoho, Quickbooks etc.

 For more information, please contact bishir@contisofttechno.com or call +918766638117

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Best Contract Expiration Date Reminder Software

We want to make  contract management easy and affordable. We didn’t like that other contract management systems are so complicated with too many features which have never been used.

Renewalhelp, simple and easy to use contract expiration date reminder software where you can do below 

1- Set auto reminder or alerts for all your upcoming contract expiration date reminder , software sends all reminders in advance for all upcoming contract renewal , you can set the reminder as per your convenience.

2- Search contract easily Now you can store and organize documents in one easily searchable database. You’ll never have to worry when someone asks you for a file because finding any contract will only take a moment.

3- Track contract obligations and risk, some time its difficult to track the contract obligation once its signed ,you can track and manage all contracts related obligation into the software and mitigate the risk. 

4- Clause, - You can highlight the important clause of contract and set contract reminder software 

5- Add workflow, you can add the workflow to the software and assigned the roles 

6- Support and services, we help our customers to upload all your old/backlog or existing  contract in our system and manage it efficiently.

So you can just focus on contract deliverables and we manage all contract related post activities like uploading the contract, capturing the important clause, sending alerts and reminders for all upcoming contract

For more information, please contact Avinash@contisofttechno.com or call 0091-9175288052. 

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Benefits of Supplier management Software

Imagine you got a call from an important client. He asked you for some part, assuming you can arrange it for him, you commit to him. You take out a book that has suppliers list. You try to check the supplier who provides that specific part, but you end up realizing that you don’t remember which supplier can offer that particular part.

 A situation like this can happen to anyone, including you. These kinds of situations can harm the relationship with your valuable clients, and can indirectly harm your business. To safeguard themselves from situations like this, many organizations have started using supplier management software.

 What is supplier management software / Supplier On-boarding Software?

 Supplier management software is a tool that stores vital information such as category and services of your suppliers.

What are the benefits of supplier management software?

 Improves Transparency

In a paper-based supplier management process, it is difficult to track the entire lifecycle of suppliers that makes this process inefficient. With supplier management software, you can easily track the complete lifecycle of the suppliers. Thus, enabling you to identify the area that needs improvement.

 Compliance Management

Every organization has a set of compliances, such as bank details, tax details, etc. that every supplier has to complete. In a paper-based supplier management process, you need to remind your suppliers yourself. This results in an added task in your already busy schedule. A supplier management software sents automated reminders to your suppliers to complete the compliance.

Evaluating Supplier

The performance of your organization gets affected by the way the suppliers perform. In a paper-based supplier management process, it becomes a tedious task to analyze the suppliers. With supplier management software, you can analyze and get detailed insights into the performance of each supplier. This enables you to find suppliers that may not be beneficial for your organization.

 Security

In a paper-based supplier management process, there is a high probability of loss of your crucial supplier data. Keeping the data of your suppliers safe is one of the primary components of a supplier management software. It uses SSL encryption to make your data secure.

 Conclusion

Supplier management software not only streamlines the supplier management process of your organization, but it is also cost-effective. If your organization hasn’t embraced digital workspace management tools, then it is time to install them as it will reduce operational inefficiencies in your organization and help your organization climb the stairway of success.

Vendor Master Software 

customer onboarding software 

Vendor registration Portal 

background check supplier

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Everything you need to know about an expiration date tracking software

Office space of any industry is often a busy place. Numerous things are going on simultaneously. As an office administrator or owner of an organization, there are multiple office management tasks in your to-do list apart from your regular responsibilities. And many times, due to a high workload, you forget to perform the office chores. For instance, You had a meeting planned in a month advance. It is a crucial meeting for your organization. You put in day-night efforts to complete the PPT’s, demo works, and all other activities. Finally, the day of the meeting arrives, you are with the client in the meeting room. The presentation is in the mid, and suddenly the light goes out. You try to get the power backup, but then the electric department officials tell that you failed to pay the bill and due to which your electricity has been cut down. Moments like these would not just be embarrassing but negative for your company’s reputation. This is one of the primary reasons that nowadays, many organizations are choosing to install expiration date tracking software to safeguard themselves from situations like this.

What is an expiration date tracking software / Contract Reminder Software?

An expiration date tracking software is an application that sends automatic reminders to you for renewal of various items you have saved in it so that you never miss a deadline.

What are the features of an expiration date tracking software / Warranty Reminder Software?

An expiration date tracking software offers a bunch of features. Some of them are listed below.

● With the automatic reminder feature, it sends you reminders of the various items that you have saved. Thus, making sure that you never miss a renewal date.

● With the single interface feature, it brings all the information and data related to the renewable business documents on a single screen, and in the process, saves you a lot of time.

● With the customized notification feature, it provides you with alerts about upcoming renewals in advance through text and emails.

● It is web-based; that means you can access all your data from anywhere, from any device. It may be a computer, laptop, or even mobile.

● It comes with an Android App, making it convenient for you to manage all the expiries over a smartphone any time you want.

The significant benefit of an expiration date tracking software is that it never lets you forget a renewal date. Thus, protecting you from burning a lot of cash on undesired fines. In the end, it is advised that using digital office management tools such as expiration date tracking software, supplier management software, document management software, etc. will streamline various tasks of your office space management and support you to focus on other crucial activities.

Supplier On-boarding Software

Customer On-boarding Software 

Vendor Registration Software 

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Supplier Management Software

Things would be so much simpler if the supplier management system is reliable and up-to-date. Thanks to supplier management software, the procurement process has become much more manageable. It lets you manage the onboard supplier system, i.e. to maintain, collect supplier information, lifecycle, performance and risk, with a single click online.

Supplier onboarding is a process of collecting vendor information, evaluating vendor risk and integrating them to your platform and supply chain. Hence supply onboarding is all about creating a smooth process to build a stronger buyer-vendor relationship to ensure improved business outcomes.

Consequently, a comprehensive view of supplier information, spend, performance and risk reduce threat and prevent savings leakage. Manual supplier setup or managing data on an excel or word file is a tedious job. Therefore, to simplify the process, this software helps to invite suppliers easily, allow suppliers to handle registration and save time by offering self-service options. It ensures the right product is being delivered from the right supplier at the right time and eases communication with vendors.

In large companies where a lot of suppliers are engaged with and are managed by different departments and divisions across the companies, their legal agreements and documents are needed to be managed and compared. Thus document comparison software helps to make the job simple and helps in analysing different documents within a few seconds with 100% accuracy and efficiency.

When two documents are being compared every change matters. The DoxCompare software helps to match different versions of documents to track what has changed. Be it a comparison of Word to Word file, Word to PDF file, PDF to PDF file or a PDF to PowerPoint file, the software can easily catch every insertion, deletion and change in the document.

No matter how small the change is, it can have a significant impact on business. Dox comparison software saves you from the risk of getting into trouble. It helps to assist you to see the difference in the contract by highlighting the changes made. It ensures that the uploaded files are secured, and its privacy is maintained.

If your organization hasn’t adopted such tools, it’s time to re-evaluate your tools and workflow. Incorporating such a tool in your organization will not only help with cost-effectiveness and efficient time management but also reduce operational inefficiencies throughout your organization.

Online Bidding Software

RFP Software

Vendor registration Software 

Customer onboarding Software 

Vendor registration Portal 

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OostaSuite: Supplier On-boarding Software

In the business world, it is vital to work with the people you can trust as it helps in accelerating your growth. This is one of the prime reason why most businesses want to work with their trusted suppliers. But, building a strong relationship with the supplier is a time-consuming process as it has to go through various stages of supplier lifecycle management. To streamline the supplier lifecycle management, many organizations nowadays are using supplier management software.

Before we move towards how Supplier On-boarding Portal helps in supplier lifecycle, let’s understand what supplier lifecycle management is?

Supplier lifecycle management is a complete process of supplier management. That includes identifying and managing all vendors in an organized, transparent and integrated way.

Now let’s understand the stages of supplier lifecycle and how they are made easy with a supplier management software-

A supplier management software splits the supplier lifecycle into seven stages. These stages cover everything, from identifying the supplier to forming a long term relationship with them.

Supplier Identification

The first stage of supplier management lifecycle is supplier identification. In it, organizations search for new suppliers, by advertising portal registration link. The interested suppliers can send their details directly to the organization by clicking on the link.

Supplier Evaluation

In this stage, the organization go through details of all the supplier that have registered. This process is easily carried out in the dashboard. After doing the evaluation, they eliminate the suppliers who are not suitable for their organization.

Supplier Selection

After careful evaluation of all the prospective suppliers, the management of the organization selects the suppliers. And, they can quickly notify the shortlisted suppliers using the supplier management software.

Supplier Onboarding

Onboarding is a critical stage, as every business has a specific set of guidelines and regulations that their supplier has to follow. In this stage, the supplier fills the necessary details, and if the supplier fails to insert any details, the software notifies them to do so. This saves your time of checking and reminding the supplier.

Supplier Performance Monitoring

Continuous monitoring is a primary part of supplier lifecycle management. The reason for this is if you don’t monitor transactions and communication of suppliers, then there is no way to know if the supplier is beneficial for your organization or not. A supplier management software makes monitoring easy, as you have access to the entire processes in a single tool.

Supplier Risk Identification

This is one of the most vital stages in supplier lifecycle management. Every organization needs to identify and eliminate as many risks as possible. And, risk management is one feature that safeguards your organization by identifying events such as breach of contract, data loss, late deliveries, etc. With this feature, you can protect your organization from facing unwanted situations.

Supplier Management(Customer On-boarding software)

The last stage of supplier lifecycle management is maintenance. To have stable operations, you need to build long-lasting relationships with suppliers. This makes it essential for you to identify the supplier that suit the needs of your organization. With the analytics feature, you can analyze all the suppliers and easily find the supplier that would be part of your growth.

Conclusion

Trust plays a crucial role in your growth. The best way to build trust with your suppliers is by having transparency. And, digital tools like supplier on-boarding software, expiration date tracking software, inventory management software, etc. bring clarity in the various processes that keep your operations smooth.

Vendor Master Portal

Supplier On-boarding Portal

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Supplier Management Software

Our nation is going through various issues; it has become imperative for businesses to work with trustworthy suppliers. Since, working with a not reliable supplier can create a supply chain gap that ultimately results in losses.

This is the reason why many businesses are now adopting supplier management software to streamline their supplier lifecycle management.

But why do businesses need supplier management software?

Building an honest alliance with a supplier takes years by following the old supplier management processes. The reason for this long duration is that it involves various stages of supplier lifecycle management.

But, nowadays things are moving at a fast-pace, and businesses cannot afford to wait for years. This is the reason why many companies are moving towards supplier management software and leaving the old process behind to streamline their supplier lifecycle management.

What is supplier management software / supplier on-boarding software?

Supplier management software is a tool that aids in streamlining all the processes included in supplier lifecycle management. Furthermore, it collects all necessary data such as classification and services of your suppliers so that you can easily find it whenever you require it.

What are the features that a supplier management software should include?

Supplier management software offers a collection of features that assist you in streamlining your supplier management processes. Some of these features are mentioned below-

Throughout integration

Throughout integration is the primary features that a supplier management software should have. As with the help of this feature, you can do everything such as supplier identification, supplier onboarding, compliance administration, risk evaluation, and examining of the supplier in one single software.

The principal advantage of this feature is that it blends different system and processes. It is resulting in an integration that acts as a single point contact between all stakeholders. Thus elimination any probability of miscommunication.

Efficient and transparent tracking

Businesses that use supply chain usually suffer losses due to non-transparent communication among fleet managers, team members, suppliers, manufacturers and other important people. For instance, in every order, a manager, supplier, and a truck driver, everyone is located in physically different places can stay connected with each other.

Besides, they all have the same amount of visibility on every order. This feature of supplier management software enhances collaboration between all stakeholders and maintain end-to-end transparency.

Conclusion

These are just a few features that a supplier management software should include. There are many benefits to adopting digital management tools. But the prime advantage is that it saves your organization from spending unnecessary amount. Moreover, they streamline various processes in your organization.

Vendor Master Software

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Contisoft Technologies LLP.

We Develop Procurement, Contract & IT Asset Management Solutions Around Four Key Strategic Areas – Supplier Onboarding, Contract Management, ERFX/Q, DoXCompare!