Cloud-based procurement automation and transparency solution


Procurement is complex. Your procurement solution doesn’t need to be. The Prism Procurement module is a cloud-based e-procurement software that makes it easy to request price quotes and compare prices.

Prism streamlines the procurement process, saving procurement teams valuable time and effort that would otherwise be consumed in requisitioning quotes, evaluating bids, and filing documents. Management benefits from greater transparency and cost savings resulting from competitive tendering. Users of Prism also benefit from access to a large and growing pool of verified vendors already listed on Khareed. This enables companies to grow their supplier base and tap into new, reliable sources to meet their procurement needs.

With Prism buyers can create standardized requests and can get quotes from multiple vendors at a click of a button. Buyers can compare multiple quotations with ease and select the best price, or they can negotiate further with the in-built messaging center. Our data management and storage mean that you’ll also have visibility in your spend and interactions with suppliers.


Complete Spend Visibility

Spend tracking

Data Visualization

KPI Measurement

User-friendly Interface

Browse products and vendors

• View vendor profiles

Shopping-cart functionality

Streamlined Procurement

Structured RFQs

Automated requisitioning

Easy price comparisons

End-to-End Documentation

Systematic workflows

Documented messaging and negotiation

Automatic document filing



Start saving time and money today!


Self-service procurement transparency solution for small businesses

Procurement dashboard

Verified vendor directory access

Open market product catalog access

Standardized RFQ creator

Multi-product RFQs

RFQ attachments

Price comparison tables

Generate RFQ PDFs

Generate quotation PDFs

Self select vendors

Requisition from own vendors

Message and negotiate with vendors

Unlimited RFQs

Unlimited quotations

Document and Image Library (1000 Documents)

Transaction History (1 Year)

3 Users

Procurement management solution for mid-sized companies

All “Professional” Features


High-specification RFQs

Private vendor contact book

Self-entry of quotes received manually

Bulk upload RFQ line items from file

Technical specs comparison table

Price quote download / export

Purchase order creation

Direct order placement without RFQ

Document and Image Library (5000 Documents)

Transaction History (3 Year)

6 Users

Advanced procurement functionality for large corporates

All “Commercial” Features


Customized RFQs

ERP Data Import / Export

Role-Based User Permissions

Process and approval workflows

Standardized management reports

Data visualization

Relationship manager

Document and Image Library (Unlimited)

Transaction History (Unlimited)

20 Users

Customizable e-procurement solutions for multi-location enterprises

All “Corporate” Features


Customized role based user permissions

Customized workflows

Customized reports

Multi-location procurement

ERP integration

Native desktop application

Private company product catalogs

50 Users

Dashboard Yes Yes Yes Yes Yes
Access Khareed verified vendor directory Yes Yes Yes Yes Yes
Access Khareed open marketplace product catalogs Yes Yes Yes Yes Yes
Create and upload private company product catalogs No No No No Yes
Create standard format RFQs Yes Yes Yes Yes Yes
Create RFQs with multiple products No Yes Yes Yes Yes
Specify custom technical requirements in RFQs No No Yes Yes Yes
Create customized RFQs No No No Yes Yes
Attach images and docs to RFQ No Yes Yes Yes Yes
Generate PDFs of RFQ for filing No Yes Yes Yes Yes
Upload RFQ line items in bulk from file No No Standard template Customized template Customized template
Self select vendors No Yes Yes Yes Yes
Requisition from own vendors No Yes Yes Yes Yes
Maintain private company vendor contact book No No Yes Yes Yes
Receive price quotes from vendors 3 Unlimited Unlimited Unlimited Unlimited
Message and negotiate with vendors No Yes Yes Yes Yes
Directly enter price quotes received manually No No Yes Yes Yes
Generate PDFs of quotations for filing No Yes Yes Yes Yes
View and compare price quotes in comparison table No Yes Yes Yes Yes
View and compare technical specs in comparison table No No Yes Yes Yes
Download price quotes to file No No Yes Yes Yes
Create purchase orders on quotation selection No No Yes Yes Yes
Export purchase order data to file / ERP No No No Yes Yes
Directly place orders without RFQ No No Yes Yes Yes
Main separate role-based user permissions No No No Standard Roles Customized Roles
Route process through approval workflows No No No Standard Worklows Customized Workflows
Generate management reports and analytics No No No Standard Reports Customized Reports
Multi-location procurement No No No No Yes
ERP integration No No No No Yes
Native desktop application No No No No Yes
Document and image library No 1000 docs 5000 docs Unlimited Unlimited
Transaction history 3 months 1 year 3 years Unlimited Unlimited
Users 1 3 6 20 50
Khareed relationship manager No No No Yes Yes

Prices are exclusive of GST
Contract duration is 12 months. 16.5% discount on annual payment.