Zhichubao

Zhichubao provides a digital procurement and cost management platform that integrates supplier lifecycle management, strategic sourcing, and intelligent contract management to enhance operational efficiency. The solution addresses the challenges of high procurement costs and inefficient supplier coordination by automating budget control, payment processing, and inventory management, resulting in significant cost savings and improved procurement performance.

Updated 2 months ago

Funding

Funding not disclosed

Funding rounds are not available yet.

Founders

Founder details are not available yet.

Product

Problem

Many enterprises face challenges in managing procurement processes, including high costs, inefficient supplier coordination, and lack of visibility across the procurement lifecycle. Traditional procurement methods often involve manual processes, leading to errors, delays, and increased operational overhead.

Solution

Zhichubao offers a digital procurement and cost management platform designed to streamline and optimize the entire procurement process, from supplier lifecycle management to strategic sourcing and intelligent contract management. The platform integrates business, finance, logistics, and data flows into one unified system. By automating budget control, payment processing, and inventory management, Zhichubao enables businesses to reduce procurement costs, improve efficiency, and enhance collaboration with suppliers. The system provides features such as supplier risk assessment, BOM-based sourcing, intelligent contract management, and automated reconciliation to ensure compliance and transparency.

Target Audience

Zhichubao primarily targets medium to large enterprises across various industries, including manufacturing, energy, construction, retail, and finance, seeking to optimize their procurement processes and reduce costs.

Features

**Supplier Lifecycle Management:** Manages supplier onboarding, grading, risk assessment, and performance.
**Strategic Sourcing:** Facilitates BOM-based sourcing, quotation analysis, risk control, and bid evaluation.
**Intelligent Contract Management:** Automates contract drafting, signing, execution, and archiving with smart error correction and comparison.
**Procurement Mall & Order System:** Enables scenario-based procurement, intelligent recommendations, smart price comparisons, and order collaboration.
**Intelligent Budget Control:** Enforces budget rules, manages approval levels, and tracks budget cycles.
**Procurement Payment & Settlement:** Supports document-driven processes, OCR recognition, and compliance with over 1200 banks.
**Intelligent Reconciliation:** Automates reconciliation processes with detailed statements and data verification.
**Intelligent Demand Distribution Engine:** Intelligently distributes demand based on plans and execution strategies.
**Inventory Management:** Manages allocation, transfer, VMI, shortage warnings, and logistics collaboration.
**Data Reporting Support Module:** Provides budget, settlement, procurement, and demand reports.
**Open API Support:** Enables seamless integration with ERP, OA, financial software, and SRM systems.