Axya offers a centralized procurement platform that integrates with existing ERP systems to streamline the subcontracting process, providing real-time visibility and automated collaboration tools. This solution addresses the inefficiencies of siloed information and manual workflows, significantly reducing the time spent on bid follow-ups and supplier management.
Funding
$5.9M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Many manufacturing companies face challenges in their procurement processes due to siloed information, manual workflows, and a lack of real-time visibility, leading to inefficiencies in bid follow-ups and supplier management. Managing RFQs, purchase orders, contracts, and supplier information across multiple systems or spreadsheets can be time-consuming and prone to errors.
Solution
Axya offers a centralized, modular procurement platform that integrates with existing ERP systems to streamline the subcontracting process and improve collaboration. The platform provides real-time visibility into all procurement activities, automating repetitive tasks such as bid follow-ups and status updates. Axya's suite of modules supports RFQ management, PO management, supplier management, and contract management, allowing companies to select the modules that best fit their specific needs. By centralizing information and automating workflows, Axya reduces the time spent on procurement tasks, improves supplier relationships, and ensures projects stay on track.
Target Audience
Axya primarily targets procurement teams and strategic buyers within manufacturing companies who seek to optimize their procurement processes, improve supplier collaboration, and reduce administrative overhead.
Features
- RFQ Management module for efficient request for quotation processes and informed supplier selection
- PO Management module providing real-time status updates and proactive delay management
- Supplier Management module enabling real-time access to project details for both buyers and suppliers
- Contracts Management module centralizing contracts for easy access and preventing missed deadlines
- Automated follow-ups, supplier quote comparisons, and real-time status updates
- Supplier directory for discovering new local partners with specific certifications
- ERP integration for synchronization of procurement data with existing enterprise systems
- Customizable dashboard providing visibility on procurement activities