Mashik Procurement Technologies

Company Overview

Snapshot

Founded in March 2008, Mashik Procurement Technologies operates with 11–50 employees. The company specializes in procurement and supply chain management solutions, serving approximately 150 customers and 50,000 suppliers.

Business overview

Mashik Procurement Technologies develops comprehensive solutions for procurement and supply chain management. Its core offerings include Mashik Contract Vision for contract management and control, SourcingVision, a supplier relationship platform facilitating real-time electronic negotiations, and an RPA solution for automating RFP bidding processes. The company serves various industries by providing software applications that optimize operational efficiency for enterprise and professional services, as well as the transportation and logistics sectors.

Strategic signal

In April 2022, Mashik Procurement Technologies announced plans to establish a professional recruitment and placement department. This strategic move indicates the company's focus on strengthening its internal capabilities and expanding its human capital, signaling a commitment to growth and operational enhancement within the procurement technology sector.

Company Intelligence Q&A

What is Mashik Procurement Technologies' primary focus?

Mashik Procurement Technologies specializes in developing procurement and supply chain management solutions, including contract management software and supplier relationship platforms.

What is Mashik Contract Vision?

Mashik Contract Vision is a contract management and control software designed to help procurement organizations manage and categorize contracts efficiently.

What is SourcingVision?

SourcingVision is Mashik Procurement Technologies' supplier relationship platform that enables buyers and suppliers to engage in real-time electronic negotiations under predefined commercial terms.

What is the company's RPA solution used for?

Mashik Procurement Technologies' RPA solution automates RFP bidding and bidding processes, providing immediate added value to users.

What was a key strategic development for Mashik in April 2022?

In April 2022, Mashik Procurement Technologies announced the establishment of a professional recruitment and placement department, indicating an expansion of its operational capabilities.