Wednesday, Jan 23 2019 | Time 16:52 Hrs(IST)
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  • Four CPI-M workers, 3 BJP activists injured in different bomb attacks
  • ITC falls by 4 16 pc to Rs 277 70
  • Sensex down by 336 17 pts
  • Cabinet OKs India-Kuwait MoU on recruitment of Indian domestic workers
  • Huge quantity of foreign liquor recovered
  • Cabinet approves MoC b/w India, Japan in food processing Industry
  • New wine in old bottle: Priyanka, Jyotiraditya will take Cong in forefront, doors open for SP, BSP
  • GST biggest economic reform, make India ideal destination for investment : Nirmala
  • ANA Airlines to start Chennai-Japan direct flight services : Kenji
  • Nine criminals arrested with fire-arms
  • Shiv Sena protests in Aurangabad against banks defaulting on farmers loan waiver
  • Cabinet approves creation National Bench of GST Appellate Tribunal
  • Roskomnadzor removes ban on Microsoft's IP addresses blocked over telegram - watchdog
  • Gen V K Singh ridicules queries on BJP drawing political mileage from PBD & Kumbh
  • Scientists of IIITM-K successfully integrated CSM on cloud platform
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mjunction offers e-procurement on Cloud

New Delhi, June 22 (UNI) With the world shifting from products to platforms, B2B Ecommerce company mjunction services limited has transitioned from selling its e-procurement application as a licensed software to making it available on Cloud, a statement said.
This new user-friendly platform is capable of supporting simple to complex procurement, covering the entire procurement life cycle.
“What sets our platform apart is its ability to support diverse requirements, unlike traditional procurement software,” informed mjunction CEO Mr Vinaya Varma.
He said that just like one size does not fit all, one standard procurement process cannot serve diverse organisations. Traditionally, organizations were forced to change their practice while adopting a new platform or incur high cost towards customisation of software. However, mjunction’s e-procurement platform allows organisationsto design their own workflow and rules, and to configure the system as per their need.
Not only that, it gives organisations the option to “pay as they use” – which means that once they pay a sign-up fee, they need to pay only for the number of transactions they have done through the platform, and not otherwise. This helps organisations to make upfront capital investment, Mr Varma informed.
Sukanta Sarkar, Director IT of the Ordnance Factory Board (OFB) under the Ministry of Defence, said that, “I am very satisfied with mjunction’s services in developing, deploying and maintaining our e-procurement system.” mjunction has been serving OFB since 2010.
“The world today is highly connected and networked. Realising that, mjunction’s system is connected to the ERP systems of organisations for seamless data exchange. The e-platform enables organisations to share supplier performance ratings with other organisations, which is not possible in an isolated standalone e-procurement implementation,” the release stated.
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Scientists of IIITM-K successfully integrated CSM on cloud platform

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