Khareed affords clients a number of benefits over the traditional procurement
modules offered by most commonly used ERP software:
Intuitive user interface: Khareed’s user interface is highly
intuitive and easy to use, especially in comparison to the more complicated
legacy systems being run by most ERP systems. Users can log in and
get started right away without requiring any lengthy training or
support. The simplicity of the interface makes requisitioning fast
and smooth, requiring minimal effort from the user.
No implementation period: Unlike ERP systems which require
a lengthy and expensive implementation, configuration and onboarding
period, Khareed requires no implementation. The benefits and features
in each package are defined based on the size and needs of the company,
and require no further configuration or customization. This saves
companies valuable time and money that would otherwise go in implementation
of hard to use ERP modules.
Highly affordable: Khareed’s packages are need based so
companies only pay for what they need and will use. Unlike complex
ERP systems which have functionality that is not relevant for local
business requirements, Khareed’s system is tailored for the needs
of Pakistani companies. Even excluding implementation costs, Khareed
costs about one-tenth as much as a comparable ERP procurement module.
Cloud-based: As an online web application, Khareed can be
accessed and used from anywhere, including from your mobile phone.
There is no need to install software on local computers or to have
dedicated machines to access the ERP system.
Direct interface to vendors: With the exception of the most
advanced and expensive versions of ERP procurement modules, most
ERP procurement solutions serve internal record-keeping, documentation,
and workflow approval needs. Requisitions, once generated, still
need to be manually emailed or sent to vendors, and quotations received
need to manually entered into the system for spend analytics. In
contrast, Khareed enables companies to submit requisitions and purchase
orders to vendors directly with one click from within the system.
Vendor responses are also directly captured by the system so there
is no need for manual data entry. Moreover, even the messaging and
negotiation with vendors gets captured in the system so you can see
all the documents, quotations, and messages associated with a given
Live e-commerce style online marketplace: Modern releases
of ERP systems promote interfaces with a consumer-friendly online
shopping look and feel. However, the catalogues and product details
in these systems need to be prepared and uploaded manually by the
company itself. In contrast, Khareed offers a live and open online
marketplace with nearly unlimited product range that is listed and
maintained by the vendors.