A method and system for context based searching of category wise arranged electronic catalog database is provided. The confidence value for each of the retrived categories is displayed graphically as an indication of the relevance of that category. The percentage impact of each of the query terms on the search resul...

This invention relates to electronic systems associated with financial transactions, particularly to offsetting of invoice/s obligations and the systems and methods utilized to complete those offsetting transactions. It related to a method and system to select, schedule, purchase, fulfill, track and settle invoices ...

A computer based system for changing categorisation data, in relation to spend analysis reports, in real time, the system comprising a processor unit; and a computer readable medium storing instructions executable by the processor unit comprising a client side processing means adapted to transmit a user generated re...

The invention relates in general to electronic file management and more specifically to a method, apparatus and system for drafting, negotiating, and managing contracts through multiple user terminals for parallel contract authoring. The present invention provides such techniques wherein multiple users have provisio...

The main object of the present invention is to provide a computer implemented system and method particularly the linking feature for the users to remove the boundaries between the listed products and provide user a single Source-to-Pay Suite experience to manage their procurement related activity cycles seamlessly. ...

A system for automated selection of discount offer to a buyer for atleast one procurement item said system comprises a communication interface for accessing the host computer system from a plurality of remote input/ output devices to provide an input for a buyer, the business process element, further comprising an i...

A System and method for automated creation of requisition, said method adapted for flipping the information from RFQ and/ or RFI present in Auction and Bids Information System (iSource) into requisition; said method comprises steps of: retrieving the necessary information from RFQ and/ or RFI for different supplie...

A system for automated selection of atleast one electronic auction method for procuring atleast one procurement item; said system comprises an information seeking system to seek atleast one input data for that procurement item and a selection system to select atleast one electronic auction method for the procurement...

The present invention relates to a computer based system for spend analysis, the system comprising: a processor unit; a computer readable medium storing instructions executable by the processor unit, said computer readable medium comprising; identifying means for identifying spend category; associating means for ass...

System and method for analysis of cost saving in a procurement process are provided. The system includes a processor unit and a computer readable medium. The computer readable medium stores instructions executable by the processor unit. The instructions are programmed to perform the steps of receiving baseline cost...

A computer based system for contract authoring, the system comprises a processor unit; a computer readable medium storing instructions executable by the processor , said medium further comprising document receiving means adapted for receiving an external contract document in electronic form, the external contract do...

The invention relates to a system for spend analysis of service category comprising a processor unit; a computer readable medium storing instructions executable by the processor unit wherein the said computer readable medium comprises of a Service Receiving Means for receiving a service spend category from iAnalyze....

The present invention discloses an integrated system for automated creation of contract which is adapted for flipping the information from RFQ present in Auction and Bids Information System (iSource) and information present in requisition from e-procurement system into contract; said system comprising: a processor u...

The present invention provides as a computer based procurement system and method. The system comprises a processor unit and a computer readable medium storing instructions executable by processor unit, said medium comprises input means for receiving search input for item to be purchased and means for searching one o...

The present invention introduces a Guided Procurement System for guiding the buyer for procuring when the item to be purchased is not present in the catalog database, which is an integration of Procurement Tool, Supplier Information System Tool and Supplier Performance System Tool; the system comprises of: a process...

A system for flipping requisition orders in relation to procurement system into goods receipt in a verifiable manner, said system comprising: means to receive a filled requisition form including predefined fields relating to requested goods from a supplier: requisition flipping means adapted to copy/flip informatio...

This invention discloses a system for flipping purchase orders in relation to procurement system into invoice in a verifiable manner, comprising a processor unit; and a computer readable medium storing instructions executable by the processor unit comprising a Receiving Means to receive a filled purchase order form ...

The invention relates to a system containing an integration of iSave & iCost for calculating actual effective savings of a spend category in the procurement cycle, comprising of iSave" cost saving computing means adapted for computing the plurality of the components for the cost saving for the spend category; the Co...

A system for customizing information in e-procurement process; the system comprising: a Selecting System adapted for selecting item(s) to be procured from catalog database, which further comprises Suggesting System adapted for suggesting if the item being selected by user is a custom made item and providing link or ...

The present invention introduces a system for spend analysis by providing strategies for mining spend information; the system analyzes classified spend data based on predetermined strategies to find out saving and compliance opportunity across category and supplier, these strategies are supplier payment based saving...

Present invention introduces an integrated system for calculating saving at several stages of procurement cycle by auto-fetching spend data into Savings Tracker System. The system comprises: a processor unit; and a computer readable medium storing instructions executable by the processor unit comprising: Spend Data ...

ABSTRACT In accordance to the present embodiment of the present invention, there is provided a system intelligent interactive base for having supplier inputs and posing further questions to the supplier more preferably a portal system for conducting electronic sourcing request for information, wherein buyer managin...

Abstract The present embodiment is a system and process for transformation of contractual free text discount information into discount amount .In present invention, external contract template are uploaded into the contract management system when all the information is provided within the computer programme instruct...

A method for classification of electronic catalog entries into one or more category wise arranged database, comprising the steps of:training the computer implemented catalog classification system inat least one language with the help of pre-classified trainingcatalogs by assigning weightage...

The present invention introduces a system containing an integration of iContract module and SPM module for analyzing and taking actions pertaining to contracts and supplier"s performance in procurement process, comprising: iContract module containing database of contracts of suppliers; and SPM module adapted for mea...

Abstract The present invention relates to a novel, centralised, computer implemented system for request management within an organisation, wherein the said request management system is capable of performing, but not limited to, the following functions – gathering user generated requests, sorting user generated re...

Abstract The present invention relates to a novel, computer implemented system that enables pausing of an e-auction and subsequent reversing or fast-forwarding of the said auction, wherein reversing of auction involves taking the auction to an earlier time point (or earlier bid, in the case of a Japanese reverse ...

The present invention relates to a novel system for configuring subsets in a Japanese reverse auction.

A method of extracting meta-data from semi structured documents, by using area and cone orientation as relevance between words/phrases is described. It also a computer implemented system to handle OCR errors with respect to the coordinates interpreted for each word and user corrections both in online and offline mod...

A system and method for aggregation of procurement requisitions including tiered pricing module is described in the present invention. The computer implemented system aggregates the approved procurement requisitions in real time from different business departments. They are then kept in a gestation period for channe...

A system and method for assisting in negotiations for commercial transactions is described. This computer implemented system and method assists in negotiations with multiple negotiating parties on various parameters to collaboratively come to a conclusion beneficial to the Buyer organization during sourcing event. T...

An invoice payment system involving smart electronic means which is enabled to read, reply, segregate, de-duplicate and appropriately mark undisputed emails with genuine payable invoice for payment; wherein the "Payment Query" emails are resolved by generating automated reply based on email content; and wherein, the...

The present invention provides a complex sourcing system that collects data from bidders. The information which is collected from the suppliers is interpreted by applying several business constraints including Supplier Award Value Criteria, Supplier Award Volume Criteria, etc. on it for the selection of an optimal s...

An electronic procurement system (2) characterized by the presence of a virtual catalogue (12) in addition to the internal hosted catalogue (4), wherein the said virtual catalogue (12) comprises of a list of items not found in the internal hosted catalogue (4) of the electronic procurement system (2); wherein the li...

A complex sourcing system enabled to implement different permutations and combinations based on several different business constraints for optimal analysis, sourcing, multi-level negotiation, contracting, procurement and payment. The working of the complex sourcing system includes the steps of: a) preparing for a Bi...

The present invention describes forecasting solutions wherein the solution includes, customization of raw data using uncertainty coefficient and; using ensemble neural network architecture. The raw data is customized by cleaning and augmenting to obtain a processed dataset that is non-discreet and continuous, and; t...

A computer implemented method to identify and extract tables from semi structured documents without any dependency on training mechanism, both in online and offline mode. The method comprises the steps of: extracting all relevant label- value pairs in said semi- structured document, computing dynamic split constants...

A system and method for classification of spend data wherein the system comprises of a user computer system, a processing unit, a communication interface, a first input receiving component, a second input receiving component, and a spend classification module further comprising of a sentence tokenizer, a word tokeni...

A computer implemented method to identify and extract tables from semi structured documents with training mechanism and machine learning models, both in online and offline mode. The method comprises the steps of: extracting all relevant label- value pairs in said semi- structured document, computing dynamic split co...

A computer based system for spend analysis solution through strategies for mining spend information, the system comprises a processor unit; and a computer readable medium storing instructions executable by the processor unit comprising classification means adapted to classify spend data in accordance with pre-determ...

A computer based procurement system (2) characterized by the presence of a virtual catalogue (12) in addition to the internal hosted catalogue (4), wherein the said virtual catalogue (12) comprises of a list of items not found in the internal hosted catalogue (4) of the computer based procurement system (2); wherein...

A SYSTEM AND METHOD TO ASSIST PROCUREMENT PROCESS WITH MULTIPLE REQUESTS A system and method to assist procurement process with multiple requests; where a single system (1) performs initiating, generating and processing transaction for multiple requests within a same procurement transaction to procure an item, an i...

Title: SYSTEM AND METHOD TO ASSIST PROCUREMENT REQUEST A system and method to assist procurement request; where the system (1) and method (6) assists procurement transaction through a messaging application platform where the system performs initiating, generating and processing transactions for atleast one procurem...