What is oboloo and How can Its Software Help Me?

oboloo was created to help SMEs save time and money working with their suppliers, reduce supplier risk, and choose the right ones.

oboloo is a cloud-based procurement tool that provides visibility and control over every phase of the procurement process, from sourcing to contract management to supplier management. In addition, oboloo encourages SMEs to share their values with suppliers and work with suppliers who share their values.

It is designed to be intuitive and simple to use, with proven processes that deliver measurable results every time. An easy-to-set-up self-service platform, it consists of four modules.  

• eSourcing
• Contract Management 
• Supplier Managemet 
• Savings Management 

It’s all included in one monthly user subscription that doesn’t require a long-term contract and there’s no implementation fee. Here are a few advantages of using oboloo.

eSourcing

Make sure you receive the best value from suppliers by following a proven process. oboloo allows you to create Sourcing activities in minutes that suppliers can respond to. Review, analyze, and select the best supplier while maintaining an audit trail of past activities.

Contract Management

Keep all supplier contracts in one secure repository and use dashboards to see what needs to be done and by when. By receiving real-time alerts, you can avoid missing expensive contract end dates and notice periods that automatically roll over. Record all contracts and documents, whether active or archived, in a permanent auditable manner.

Supplier Management

Stay informed about supplier performance and risk by easily vetting and onboarding them. Be sure to work with compliant suppliers and reduce unnecessary risks by receiving alerts before supplier documents expire. Maintain a permanent auditable record of active and archived suppliers and documents.

Savings Management

Save time and money by tracking both projected and realised savings, and export the data easily. Keep track of all your savings by period of time, location, department, category, user, and status.

Values

Promote the values and causes that matter most to your suppliers, no matter what they may be. Choose suppliers whose values align with your own.

 Please visit https://oboloo.com for more information and a free 30-day trial of oboloo.