What is PRM360?
PRM360 Simplified Procure-to-Pay Suite, a product of Acads360 India Pvt Ltd, is a robust cloud-based procurement software solution that can help automate and streamline your entire procure-to-pay process while cutting costs and mitigating risks to increase profitability.
PRM360 Starting Price
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Key Features of PRM360
Here are the powerful features that make PRM360 stand out from the competition. Packed with innovative tools and advanced functionalities, this software offers a range of benefits.
- 3PL
- Absentee Bidding
- Accounting Integration
- Allocation
- Approval Process Control
- Asset Management
- Auction Management
- Auction Website
- Automatic Formatting
- Barcode Scanning
- Barcoding
- Bid Management
- Bidder Management
- Billing & Invoicing
- Budget Management
- Buy Now Option
- ACH Check Transactions
- Credit Note Management
- Customer Communication
- Data Entry Saver
- Debit Card Support
- Fraud Prevention
- Generate Comprehensive Reports
- Gift Card Management
- Integrate Different Payment Gateways
- Internet Merchant Account
- Invoice Application
- Invoice Management
- Invoice Payments
- Invoices
- MIS Reports
- Multiple Merchant Numbers
- Barcode Scanning
- Barcoding / RFID
- Billing Management
- Bills of Material
- Capacity Planning
- Contractor Database
- Data Visualization
- Demand Planning
- Document Management
- Electronic Data Interchange
- Expiration Date Management
- Forecasting and Planning
- Global Sourcing Management
- Historical Reporting
- Import/Export Management
- Insurance Tracking
- Accounts payable
- Accounts Receivable
- Accreditation Management
- Accrual Accounting
- Action Games
- Activity Tracking
- Affiliate Management
- AI Finance
- Ambulatory
- AP Automation
- Approval Process Control
- Audit Trail
- Automated Invoice Processing
- B2B Payment
- Bank Reconciliation
- Billing and invoicing
- Access control
- Access Controls/Permissions
- Approval Process Control
- Archiving & Retention
- Asset Management
- Asset Planning
- Auction Management
- Audit Management
- Audit Trail
- Auditing
- Background Screening
- Backorder Management
- Balance Sheet
- Best Price Estimating
- Bid Management
- Billing & Invoicing
PRM360 Specifications
Get a closer look at the technical specifications and system requirements for PRM360. Find out if it's compatible with your operating system and other software.
PRM360 Description
Here's the comprehensive description of PRM360. Gain a brief understanding of its unique features and exceptional benefits.
PRM360 is a robust and highly configurable procure-to-pay suite fromAcads360 India Pvt Ltd. It is a cloud-based one-stop solution that helps you to meet the demands of all your procurement needs.
PRM360 is one of the best in the business of eProcurement software and services that allows purchasers to post about their requirements online, receive automatic quotations from the vendors, and validate by our AI-powered intelligent system.
PRM360 also offers an eAuction system with various bidding options including reverse auction, forward auction, logistic auction, etc. These bidding strategies help the purchase officers to choose the best offer available and save almost 5-15% time when compared to others.
The purchasers can remind the vendors for invoice submission through automatic reminders and request online approvals for clearance to eliminate the possible delays in the payment schedule. This feature of PRM360 contributes to vendor satisfaction and cuts down the unproductive time spent on repetitive follow-ups by the purchasing team. Statistics show that PRM360 users can achieve 300% ROI over other eProcurement solutions in the market.
The key benefits of PRM360 include:
- Simplified business flow with existing Infrastructure and Practices
- Improved engagement with Sales and Marketing teams for overall business growth
- Technical Integration with various applications
- Consolidation of contracts, agreements, and invoices under the cloud
- Transparency of tender details and pricing
- Reduced infrastructure cost and faster implementation
- Reduced TAT for eProcurement related transactions
- Detailed & customized Analytics reports driving informed decisions with calculated risks
- Lowered processing costs to almost 25-50%
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PRM360 FAQs
What are the top 5 features for PRM360?
The top 5 features for PRM360 are:
- Document Management
- Expense Management
- Financial Management
- Inventory Management
- Project Management
What type of customer support is available from PRM360?
The available support which PRM360 provides is:
- Phone
- Live support
- Tickets
- Training