What Is oboloo And Who Is It For?

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

oboloo is a cloud-based procurement software that gives them full visibility and control over every part of the procurement cycle, from sourcing and contract management to supplier and savings management. oboloo also encourages SMEs to promote their values to suppliers and work with suppliers whose values align with their own.

oboloo has been specifically designed to be intuitive and simple to use, following proven processes that deliver measurable results every time. It’s a self-service platform that’s comprised of four modules that are quick and easy to set up.  

• eSourcing
• Contract Management 
• Supplier Managemet 
• Savings Management 

Everything is included in one monthly user subscription that doesn’t require a long-term contract and there’s no implementation fee. Below are some of the benefits of using oboloo.

eSourcing

Receive the best value from suppliers every time by following a proven process. Create Sourcing activities in minutes that suppliers can respond to directly within oboloo. Easily review and analyse all the supplier responses and select the best supplier whilst maintaining an audit trail of historic activities.

Contract Management

Never misplace a contract again by keeping all supplier contracts in one secure repository with clear dashboards showing what needs doing and by when. Avoid missing expensive contract end dates and notice periods that automatically roll over by receiving real-time alerts. Keep a permanent auditable record of either active or archived contracts and documents.

Supplier Management

Easily vet and onboard suppliers and stay informed of their performance and risk. Always work with compliant suppliers and reduce unnecessary risks by receiving alerts before supplier documents expire. Keep a permanent auditable record of either active or archived suppliers and documents.

Savings Management

Keep track of both projected and realised savings delivered by cost reduction and cost avoidance and easily export the data. Itemise and track all your savings by a period of time, location, department, category, user and status.

Values

Promote the values and causes that are important to your suppliers – whatever they may be. Work with suppliers whose values align.

To learn more about oboloo and to sign up for a free 30-day demo please visit https://oboloo.com/.