Principal Buyer e-Procurement Solution
Principal Buyer is a solution for the rapid deployment of B2B electronic procurement. The Principal Buyer application is part of the Principal B2B Commerce Platform - an open infrastructure of inter-operable software solutions and Web-based commerce services.

In every corner of the world, enterprises of all sizes are discovering the significant benefits of Internet-based procurement: It replaces inefficient manual purchasing procedures, reduces costs by automating and expediting the process, instantaneously connects buyers with suppliers, and increases transparency and collaboration.

With minimal training, Principal Buyer enables companies to streamline purchasing, directing their spending to preferred suppliers who can deliver their goods and services in real time, leading to greater economies of scale and procurement process efficiencies, substantially lower procurement costs, and significantly greater competitive advantage.

Comprehensive e-Procurement solution
Principal Buyer streamlines the requisition process, negotiations, purchase order transmission and supplier collaboration. Powerful reporting tools make it easy to run reports and analyses to identify trends, track spending, and forecast for strategic planning.

Global reach and scalability
Principal Buyer supports flexible options such as multiple currencies, payment terms and delivery schedules etc.

Dynamic Pricing Mechanism
Enables Enterprises to extend the procurement process beyond traditional RFQ (Request for Quote) by allowing the online negotiation and order confirmation.