Simply the Best.
That’s not us saying it….it’s the industry’s most influential voice on all things procurement, Spend Matters.
They have ranked our sourcing solution as the Value Leader in the eSourcing space. Honestly, it’s not just them saying it….
It’s the users of systems, who rank us easiest to use and industry analysts who know what it means to have a robust solution that drives both efficiencies and spend reductions….
Reduced Spend, More Efficient….Simply the best.
Call us today to see how we can save you money and improve your process at the same time.
Our product at a Glance:
A simple yet robust solution
Offers comprehensive bid template possibilities:
TCO, formulas, etc.
Bid templates can be in any format and can vary by event
If/then statements
Allows for quick “3 bids and a buy” quotes – setup and launch in 5 minutes or less.
Offers a full questionnaire / survey ability with optional score carding
Features numerous template possibilities for rapid and efficient re-use
Gives you various supplier bid input controls; only receive content you want
Program is Excel-friendly – Upload / download thousands of items from hundreds of suppliers, etc.
Dynamic Invitation – automatically invite suppliers based on approvals on any data element (i.e. category, manufacturer # or zip code) and then show or hide items based on those approvals
Features soft and live auctions
Feature-rich specification management
Offers client configured supplier and project tagging, enabling you to group information in ways that are meaningful to you, such as ‘show me all minority-owned enterprises in Northern California,’ etc.
Allows supplier self-serve registration
Our Modules
eSourcing
Strategic sourcing can be a highly complex, labor intensive and time consuming process, if done well. If you’re overwhelmed or frustrated while managing RFPs, or building analysis spreadsheets, developing award scenarios or simply keeping track of it all, LGX Corp may be able to help.
Supplier/Vendor Management
The performance of your vendor partners directly affects your company’s competitiveness, operating efficiency and cost structures – especially with increasing globalization and outsourcing.
Process Management
Our process management module provides you with one place to manage all procurement processes, which provides better visibility for both stakeholders and the procurement team. PM is very flexible, so adding new steps or new approvals can be completed in under an hour by an admin user.
Spend Analysis
Understanding and managing spend is critical to leveraging your corporate buying power and increasing your bottom line. Knowing – at the granular level – how and where your company is spending its money is the gateway to better sourcing events and greater profits.
Reverse Auction
We offer many secondary negotiation options, including standard forward and reverse auctions and Soft Auctions, which are a good alternative to the traditional reverse auction process. Auctions help ensure that you achieve true market pricing for any goods or services in the shortest time possible.
Intelligence
In today’s world, users want to see all of their team’s activities quickly and easily. Our intelligence module allows you to quickly see high-level information on all of our modules in configurable charts and graphs.