Procurement Management with new component of Diasoft Balance
Diasoft, a global provider of cutting-edge software solutions for front-to-back automation of financial services, introduces its new offering - Diasoft Balance, “Procurement Management”
Apr 07, 2014
Thursday, April 3, 2014
Diasoft, a global provider of cutting-edge software solutions for front-to-back automation of financial services, introduces its new offering - Diasoft Balance, "Procurement Management".
Diasoft Balance – is a fully-functional and multi-component solution, developed in accordance with the business-processes based approach. It ensures automation of supplier contract accounting processes of financial institution.
Diasoft specialists have developed and introduced to the market "Procurement Management" component in order to provide its customers with extended functionality of Diasoft Balance solution.
With "Procurement Management" all the processes, including initialization, approval and realization of procurement procedures, holding of the tender and evaluation of existing suppliers become structured and optimized in terms of time. It allows forming procurement plan basing on existing as well as on potential contracts. New component appears to be a logical extension of Diasoft Balance supplier contract accounting functionality.
Diasoft Balance "Procurement Management" supports the following business-processes:
About Diasoft
Since 1991 Diasoft has been providing cutting-edge financial software solutions supporting all aspects of retail, wholesale and universal banking, financial market services, and insurance business. The company’s main offering to the financial market is FLEXTERA — a SOA-based universal system comprising a comprehensive suite of modules for front-to-back automation of modern financial services.
The FLEXTERA’s functional scope covers the following areas of financial business:
Diasoft, a global provider of cutting-edge software solutions for front-to-back automation of financial services, introduces its new offering - Diasoft Balance, "Procurement Management".
Diasoft Balance – is a fully-functional and multi-component solution, developed in accordance with the business-processes based approach. It ensures automation of supplier contract accounting processes of financial institution.
Diasoft specialists have developed and introduced to the market "Procurement Management" component in order to provide its customers with extended functionality of Diasoft Balance solution.
With "Procurement Management" all the processes, including initialization, approval and realization of procurement procedures, holding of the tender and evaluation of existing suppliers become structured and optimized in terms of time. It allows forming procurement plan basing on existing as well as on potential contracts. New component appears to be a logical extension of Diasoft Balance supplier contract accounting functionality.
Diasoft Balance "Procurement Management" supports the following business-processes:
- Procurement composition
- Generation of Tender documentation
- Organization of Tender committee meetings
- Forming of procurement plan
- Periodic assessment of suppliers
About Diasoft
Since 1991 Diasoft has been providing cutting-edge financial software solutions supporting all aspects of retail, wholesale and universal banking, financial market services, and insurance business. The company’s main offering to the financial market is FLEXTERA — a SOA-based universal system comprising a comprehensive suite of modules for front-to-back automation of modern financial services.
The FLEXTERA’s functional scope covers the following areas of financial business:
- Back Office and Core Insurance/Banking operations including daily banking transactions processing; product and service management; BI, accounting and reporting;
- Multichannel Front Office operations and client management;
- Middle Office risk management and decision making.