PROTAIGA GLOBAL SOLUTIONS PRIVATE LIMITED

In their own words

What is the Idea? Protaiga offers a smart indirect expense management solution for businesses to manage their low value spend. Technology-enabled and performance-driven, this groundbreaking catalog management and procurement solution is designed for low value spend management that drives compliance and enhances buyer experience with both goods and services. Protaiga makes sourcing of materials easy, timely and cost effective. It brings the B2C buying experience in the B2B sector which is traditionally marked with bad user experience. Robust built-in approval flows can be customized in adherence to all regulatory requirements, policies and processes of a particular sector or industry. Built in budget and inventory management rounds off a wholesome B2B catalog. What Problem does it solve? Low value spend in business today is characterized by mismanagement, unplanned expenditure and a bad buying experience. Most of the catalogs are confusing and unorganized. There is loads of paperwork and compliance is a major pain point. So much so that buyers put off buying decisions rather than go through the process, or on the other hand buy without proper evaluation leading to expense and audit concerns. The Protaiga platform with an organized extensive catalog, built in audit trails and prequalified suppliers looks to solve most of these problems. What’s more, it helps you stay within budgets and gives you unparalleled business intelligence through spend analysis and visibility. What value does it provide? Protaiga offers a comprehensive solution. Clients, where it has been implemented have seen an immediate drop of up to 10% in the low value spend. This is true for Facility and Admin Managers at clients’ sites as well. Apart from that it offers organized and scheduled delivery, cutting requisition to procurement cycle time by 30%. It integrates seamlessly into the current processes and simplifies buying enough to give a saving of 20-25% on the FTE requirement for low value procurement process. It totally takes away the need for any supplier onboarding for the low value goods and services, give you a complete audit trail of all buying through Protaiga and is fully compliant with all regulation.

Written by the company on its public Startup India profile. Not verified by us.