Description
Velocious is a comprehensive cloud-based Supplier Relationship Management (SRM) platform designed to optimize the entire supplier lifecycle. From initial Request for Proposal (RFP) and Request for Information (RFI) processes to supplier onboar...
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Use Cases
Key Features
- Invoice Management
- Invoice Processing
- Financial Reporting
- Rfx Management
- Procurement Management
- Collaboration Tools
Made For
Industries
- Manufacturing
- Retail
- Healthcare
- Financial Services
- Technology
Customer Segments
- Small Businesses
- Mid-size Businesses
- Large Enterprises
Supported Platforms
- Web
- Mobile
Pros
- Comprehensive SRM functionality covering the entire supplier lifecycle
- Reverse auction module for cost savings and competitive bidding
- Supplier portal for self-service and improved collaboration
- Automated invoice processing and payment notifications for efficiency
- Integrated timesheet tracking for project cost management
Cons
- Potential complexity for smaller businesses with simpler needs
- Integration with existing systems may require technical expertise
LinkedIn
201-500 employees
@VelociousTech
5K followers
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Current average rating is based on research conducted at Exafol