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features
design
support

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Write a Review

Description

Maximizing the profit margins you gain from your suppliers can be a challenging endeavor and is often regarded as a skillful art. In the realm of purchasing, it's apparent that suppliers do not always provide their most competitive pricing. This creates a perpetual cat and mouse dynamic regarding how profits are shared between your company and the suppliers. The best pricing is influenced by how eager the supplier is to secure your business, and their level of concern about potentially losing it. So, how can one effectively and swiftly illustrate this concept? Procurement Power offers a streamlined platform where suppliers compete against one another and can clearly see their bidding positions, which ultimately creates a more equitable marketplace. Numerous Fortune 500 companies have recognized the advantages of this purchasing strategy and have been implementing various auction systems for their suppliers for several years now. It's important to note that every purchase carries its associated costs, which can fluctuate based on the nature of the item being procured and the extent of negotiations involved. Additionally, understanding these dynamics can lead to better decision-making and improved supplier relationships.

Description

Xibal20 is a cloud-enabled procurement solution tailored for small to medium-sized enterprises. This platform assists expanding teams in monitoring purchase orders, evaluating supplier pricing, identifying price hikes, and preventing redundant expenditures, all while avoiding the intricacies often associated with large enterprise resource planning systems. Among its standout features are tools for managing purchase orders, a supplier database, customizable approval workflows, spend analytics, price comparison utilities, RFQ and competitive bidding capabilities, support for multiple currencies, and budgeting functions. Accessible through any web browser, xibal20 requires no IT setup, making it user-friendly. It offers a comprehensive free plan, with subscription options beginning at just $4 per month, ensuring affordability for businesses of varying sizes. This flexibility enables organizations to scale their procurement processes seamlessly as they grow.

API Access

Has API No 

API Access

Has API No 

Screenshots View All

Screenshots View All

Integrations

No details available.

Integrations

No details available.

Pricing Details

No price information available.
Free Trial Yes 
Free Version No 

Pricing Details

$4/month
Free Trial No 
Free Version Yes 

Deployment

Web-Based Yes 
On-Premises No 
iPhone App No 
iPad App No 
Android App No 
Windows No 
Mac No 
Linux No 
Chromebook No 

Deployment

Web-Based Yes 
On-Premises No 
iPhone App No 
iPad App No 
Android App No 
Windows No 
Mac No 
Linux No 
Chromebook No 

Customer Support

Business Hours Yes 
Live Rep (24/7) No 
Online Support Yes 

Customer Support

Business Hours No 
Live Rep (24/7) No 
Online Support Yes 

Types of Training

Training Docs No 
Webinars No 
Live Training (Online) Yes 
In Person Yes 

Types of Training

Training Docs Yes 
Webinars No 
Live Training (Online) No 
In Person No 

Vendor Details

Company Name

Serex Procurement Solutions

Founded

2013

Country

Canada

Website

www.serexprocurementsolutions.com

Vendor Details

Company Name

Base 314 LLC

Founded

2025

Country

United States

Website

xibal20.com

Product Features

Procurement

Asset Management No 
Auction Management Yes 
Bid Management No 
Budget Management No 
Catalog Management No 
Contract Management No 
Inventory Management No 
Invoice Processing No 
PunchOut No 
Purchase Order Management No 
Receiving No 
Requisitions & Approvals No 
Sourcing Management No 
Spend Management No 
Supplier Management No 

Product Features

Procurement

Asset Management No 
Auction Management No 
Bid Management Yes 
Budget Management Yes 
Catalog Management Yes 
Contract Management No 
Inventory Management No 
Invoice Processing Yes 
PunchOut No 
Purchase Order Management Yes 
Receiving No 
Requisitions & Approvals Yes 
Sourcing Management Yes 
Spend Management Yes 
Supplier Management Yes 

Purchasing

Catalog Management Yes 
Compliance Management No 
Contract Management No 
Inventory Management No 
Invoice Processing Yes 
PunchOut No 
Purchase Order Management Yes 
Requisitions & Approvals Yes 
Sourcing Management Yes 
Spend Management Yes 
Supplier Management Yes 

Alternatives

Alternatives

QX Procurely Reviews

QX Procurely

QX Global