TRAXX
Enterprise Procure to Pay System
Procurement to Retirement Platform
Since 1999... Managing millions of Assets
TRAXX is a comprehensive Fixed Assets Management Solution. We are implementing fixed asset management solutions since 1999. TRAXX is the evolution of many thousand man hours of development with feedbacks from some of the best fixed asset managers serving with our esteemed customers like GE, TESCO & HONEYWELL.
CartIQ covers the entire procure to pay processes in eight simple steps. This includes payment tracking.
The Procurement Cloud
RCS TRAXX manages the entire life cycle of fixed assets from procurement to retirement. Our P2P module CartIQ helps organisations efficiently and easily manage cost-centre wise budgets, asset requisitions, vendor management, RFQ and PO generation. CartIQ has multiple workflows with mobile based authorisation facility for involving higher levels in management with ease.
Our cloud based model is designed to suit compliance requirements of modern standards.
Purchase Request
PR is a lightweight web-form. Catalogues can be used to simplify selection of frequently procured items.
Purchase Request Approval
Configurable approval processes and multi level web forms with different access rights. Mobile access.
Request for proposal (RFQ)
Choose similar products to create indent. Create RFQ with indents. Choose vendors to send RFQ. On submission of request, mail will be sent automatically to all selected vendors.
RFQ Response (Vendor Portal)
Vendor submits proposal through CartIQ. Submitted information is displayed as comparison statement.
Purchase Request
Negotiations with configurable reverse auction helps in securing best terms and cost savings to finalise the vendor.
Purchase Order Creation
After multi-level approval, purchase order can be generated. Electronic copy goes to the vendor.
Goods Receipt
Form GRN / SRN captures details of goods received. This data helps in making payments and analysing the vendor's performance.
Payments
Payment is tracked with the PO value and GRN data. Based on data, decisions like fore closure can be taken.
Procurement Catalogue
CATALOGUES unleash the power of in-time procurement to the entire workforce of an organisation. Access to items and quantity can be controlled groupwise.
Catalogue buying in procurement is usually associated with of general categories for example stationery, hardware and building materials etc. with are purchased repeatedly.
Catalogue List
Frequently procured items are negotiated and listed in a simple catalogue with blanket Purchase Order.
Blanket PO
Blanket rates can be obtained through a regular RFQ process. Here the terms are defined based on the expected requirement for a period.
User Roles
Users can access items belonging to their department and directly place order with configured limit.
Advantages
Simplifies and speeds procurement. Avoids unnessary stock. Items like consumables can be dispatched directly.
Vendor Portals are required for any company that works with multiple suppliers, as it provides an easy and secure way for the business and their suppliers to track orders, raise concerns and communicate, and ensure that both parties are on the same page.
VENDORS are linked online reducing cycle time. They can fill rates and terms. They can upload quotes. This reduces load on the procurement department.
Vendor
Portal
Alert Engine
Vendors are intimated by mail on RFQs, auctions, deliveries and payments
Proposal - RFQ Response
Vendors can respond to RFQs by uploading their proposals and filling a simple web form
Auctions
Vendors can participate in auctions. Their standing rank is displayed based on which they can bid
Invoice & Payments
Vendors can upload GRN / SRN and upload invoices. Customers can process these invoices and update payment details.
Online Reverse
Auctions
Vendor Portals are required for any company that works with multiple suppliers, as it provides an easy and secure way for the business and their suppliers to track orders, raise concerns and communicate, and ensure that both parties are on the same page.
VENDORS are linked online reducing cycle time. They can fill rates and terms. They can upload quotes. This reduces load on the procurement department.
Schedule
Choose the RFQ for which auction has to be scheduled. Choose vendors who will participate in the auction. Finally, select the time window and date on which auction happens. This detail will be mailed automatically to each chosen vendor.
Participate
Vendors will receive a new link in their login. Clicking the link will take them to the auction screen. During the auction window, they will be able to alter the value or terms of the proposal previously submitted by them.
Live Ranks
During the auction window, the system automatically refreshes the auction screen to display live ranking of each vendor. This helps them in altering their price to acheive better ranking.
Evaluate
AT the close of vendor auction, the system automatically redraws the comparison chart with the new price and terms each vendor submitted during the auction. Auction history also can be displayed for detailed analysis of the participation pattern.
Application Integration services enable the sharing of processes and business data among a wide range of applications in an organization. This means seamlessly connecting a variety of on-premise and cloud apps to transform and orchestrate the data required for business workflows.
TRAXX has many API, BAPI and Web service based integrations, communicating with large enterprise applications.
Integrations
ERP Systems
CartIQ can seamlessly connect with ERP applications like SAP and Oracle. Multiple technologies like BAPI, Web Services and DB View are supported
Single Sign-on
For ease of logging into the system, CartIQ can be integrated with LDAP, Active Directory and Google OAUTH.Users can login without typing password each time
Helpdesk Ticketing
Multiple helpdesk applications can be integrated with CartIQ. Once the assets are procured, helpdesk can inport data from CartIQ so that users can raise support tickets if needed
HR Systems
CartIQ can connect with HR systems like Peoplesoft to get user and employee data. The administrator enable login and assign roles based on department and designation
Our Numbers Speak
25+
Years of Experience
350+
Products Installed
1,750,000+
Assets Managed
Our Esteemed Customers. Logos are their respective Trademarks.
Are You Ready for comprehensive Procurement to Retirement Automation?
Evolution is the best way to
perfection....
TRAXX is the one of time-tested Asset
Management Systems with its first installation in 1999. This product is an evolution of over ten thousand man hours with feedbacks from some of the best asset managers serving for companies such as Bank of America, Honeywell, Deloitte, E&Y,GE and ANZ. With over 600 installations today, TRAXX is a highly perfected Asset Management Solution.