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RekoChain Reviews & Product Details

RekoChain Overview

What is RekoChain?

Rekochain is Supplier Collaboration P2P Portal - Digital Sourcing Procurement & Vendor Management Tool . e Bidding ,e Tender .Smart Collaboration Enabling Digital Collaboration with your Suppliers and Trading partners through our Collaboration Platform. Onboard and Manage Suppliers in an easy-to-use, efficient platform.Conduct e-bidding, Reverse Auction by sending RFQ, RFP, RFI to various suppliers and award the order to the best supplier.Collect, extract, monitor, and evaluate procurement data to enhance purchasing processes and generate valuable insights

RekoChain Details
Languages Supported
English
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Product Description

Rekochain Blockchain Based Digital Sourcing & Procurement Solution/ INDIRECT & DIRECT PROCUREMENT . Vendor Management / e Contracts /Bidding -Easy Integration with SAP/ERP Pls ask Demo


Seller Details

SK
Overview Provided by:
Digital Sourcing Procurement & Vendor Management Tool

Recent RekoChain Reviews

JA
Jaime A.Mid-Market (51-1000 emp.)
4.5 out of 5
"Supplier is effectively handled within the platform"
The RekoChain has been helpful specifically regarding procurement, as it has helped to organize it. It directly encompasses capabilities to negotia...
HD
Hayismat D.Mid-Market (51-1000 emp.)
4.0 out of 5
"Enhanced the management of our vendors"
RekoChain has become rather useful when it comes to improving our procurement procedures. It makes supplier management convenient by providing mand...
Sakthi K.
SK
Sakthi K.Mid-Market (51-1000 emp.)
5.0 out of 5
"Digital Vendor Management Tool"
RekoChain is a smart supplier collaboration portal where manufacturing companies can add any number of suppliers, allowing them to interact in real...
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RekoChain Media

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4 RekoChain Reviews

4.6 out of 5
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4 RekoChain Reviews
4.6 out of 5
4 RekoChain Reviews
4.6 out of 5
G2 reviews are authentic and verified.
JA
Junior Project Manager
Media Production
Mid-Market(51-1000 emp.)
More Options
Validated Reviewer
Review source: G2 invite
Incentivized Review
What do you like best about RekoChain?

The RekoChain has been helpful specifically regarding procurement, as it has helped to organize it. It directly encompasses capabilities to negotiate with suppliers through electronic bidding, reverse auctions, as well as electronic document management. Review collected by and hosted on G2.com.

What do you dislike about RekoChain?

RekoChain does not have a number of more complex analytical tools. This makes it difficult to get further insight of the spending patterns, analyze for potential cost reduction solutions or monitor with precision the performance of suppliers. Review collected by and hosted on G2.com.

What problems is RekoChain solving and how is that benefiting you?

RekoChain has helped to automate a good percentage of our procurement processes, reducing manual work and direct interaction with suppliers. Integrated with the base module, the platform allows us to perform the e-bidding and reverse auctions effectively. Review collected by and hosted on G2.com.

HD
Senior Sales Strategist
Education Management
Mid-Market(51-1000 emp.)
More Options
Validated Reviewer
Review source: G2 invite
Incentivized Review
What do you like best about RekoChain?

RekoChain has become rather useful when it comes to improving our procurement procedures. It makes supplier management convenient by providing mandatory features such as e-bidding, reverse auctions, etc. Review collected by and hosted on G2.com.

What do you dislike about RekoChain?

Creating detailed generation reports with tables and charts as well as defining adaptable templates is not always easy. This complicates the evaluation of purchasing trends as well as the definition of cost savings opportunities. Review collected by and hosted on G2.com.

What problems is RekoChain solving and how is that benefiting you?

With RekoChain we have gone from manual and fragmented procurement to centralized and digital procurement system. Different collaboration features are adopted to allow interaction with suppliers and enhance the bidding mechanism. Review collected by and hosted on G2.com.

Sakthi K.
SK
Senior Associate - Digital Marketing & Pre Sales
Mid-Market(51-1000 emp.)
More Options
Validated Reviewer
Review source: Organic Review from User Profile
What do you like best about RekoChain?

RekoChain is a smart supplier collaboration portal where manufacturing companies can add any number of suppliers, allowing them to interact in real time. This reduces paperwork and provides visibility over every interaction. Review collected by and hosted on G2.com.

What do you dislike about RekoChain?

There is nothing to dislike about the product as it is user-friendly Review collected by and hosted on G2.com.

What problems is RekoChain solving and how is that benefiting you?

It helps in making work much easy. Review collected by and hosted on G2.com.

Gourav S.
GS
Product Manager
Enterprise(> 1000 emp.)
More Options
Validated Reviewer
Review source: G2 invite
Incentivized Review
What do you like best about RekoChain?

With RekoChain, we were able to make our overall steel export and raw material import process seamless. It helped us optimize the financial operation of procurement, sourcing and exporting to international dealers, thereby reducing the TAT by ~5 days on average per transaction. Review collected by and hosted on G2.com.

What do you dislike about RekoChain?

The analytics provided is not user friendly. The dashboard needs to provide industry-specific metrics to measure. Review collected by and hosted on G2.com.

What problems is RekoChain solving and how is that benefiting you?

With RekoChain, we were able to make our overall steel export and raw material import process seamless. It helped us optimize the financial operation of procurement, sourcing and exporting to international dealers, thereby reducing the TAT by ~5 days on average per transaction. Review collected by and hosted on G2.com.

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