Qortex is a cloud platform that unifies retailers, suppliers, and service providers into a single ecosystem for procurement and inventory management. It automates inventory counting, purchase order creation, payment processing, and restocking triggers, giving real‑time visibility and reducing manual effort for small and medium‑sized retailers.
Funding
$10M 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.
1OFounders
Product
Problem
Retail businesses often rely on fragmented processes for procurement, ordering, inventory counting, and payment collection, requiring manual effort and coordination among multiple parties. This fragmentation leads to inefficiencies, higher operational costs, and delayed stock replenishment.
Solution
Qortex offers a unified cloud platform that connects retailers, suppliers, and service providers into a single ecosystem. The system automates inventory counting, generates purchase orders, processes payments, and manages replenishment cycles, reducing the need for manual data entry and coordination. By providing real‑time visibility into stock levels and transaction status, Qortex enables faster decision‑making and smoother collaboration across the supply chain. The platform’s integrated workflow streamlines daily operations, helping retailers lower labor costs and improve order accuracy.
Target Audience
Qortex is designed for small and medium‑sized retail enterprises and their network of suppliers and logistics partners that need a coordinated, digital solution for procurement and inventory management.
Features
- Automated inventory counting with real‑time stock level updates
- End‑to‑end procurement workflow that creates and tracks purchase orders
- Integrated payment processing and automated collection of supplier invoices
- Replenishment engine that triggers restocking based on predefined thresholds
- Centralized dashboard for retailers, suppliers, and service providers to monitor orders, deliveries, and payments
- API connectors for existing ERP and POS systems to ensure seamless data synchronization