Benefits of TRAXX
Onboard The Best
Our thorough vendor onboarding process evaluates partners based on their strengths and compliance adherence, allowing us to onboard only the best.
Our ongoing evaluation mechanism rewards high-performing partners, leading to both their satisfaction and an improvement in the overall quality of service.
TRAXX p2r provides access to every member of an organization. Our browser-based system empowers employees to communicate their requirements to the management.
Managers can quickly access a list of available equipment with a simple click, enabling prompt routing to purchase requests (PRs) and saving valuable productive time.
Our vendor comparison and reverse auction processes ensure that vendor partners offer their best deals, maximizing cost savings.
Complete records of negotiation and vendor selection processes are securely stored in the TRAXX data store. They can be accessed in report format for audits.
GRN and SRN undergo predefined quality control processes, ensuring the receipt of high-quality materials without defects.
The procurement & asset management team distributes available assets, enabling them to procure new assets when an equivalent asset is not available.
Configurable modules cover asset procurement and tracking till retirement, incorporating best practices from various verticals.
Seamless integration allows customers to incorporate functions from their existing systems.
Reduced Asset Loss
Asset ownership records hold employees accountable for adhering to policies, reducing instances of missing assets.
TRAXX's self-audit process simplifies & accelerates compliance audits, ensuring accuracy & IFRS compliance.