Procurit
Problem
In the current landscape of procurement, agencies have cumbersome processes that significantly delay project timelines and decision-making. The absence of a unified system means
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There's no clear guidance on the steps required for procurement. Buyers find it difficult to understand what are the next steps while procurement managers spend significant time in education.
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Lack of audit-ready trails, leading to repetitive efforts and confusion over who's done what.
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Heavy reliance on email and spreadsheets for tracking, creating a breeding ground for human errors and compliance rework.
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The emphasis on adhering strictly to process compliance, often exceeds MOF’s guidelines, shifting the focus away from achieving the best outcomes.
Solution
Procurit and its mascot bork introduces a simplified approach by offering a guided, systematic journey that navigates users effortlessly through each step of the process. Here’s how we’re addressing the core challenges.
For Buyers: We're simplifying procurement with a system that's as straightforward as following instructions, ensuring anyone can manage procurement tasks without prior knowledge.
For Procurement Teams: Procurit is designed to drastically reduce the time spent on manual guidance and minimise human errors.
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We aim to streamline operations and ensure compliance while reducing the back and forth as well as requests falling through the cracks.
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Our platform acts as the single source of truth for audits and budget tracking, eliminating the dependency on disjointed tools like email and spreadsheets.
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We also offer the customisation required at each agency level over the baseline MOF-approved workflow.
For Leadership and Approvers: We enhance visibility and streamline the approval process. We also aim to provide a single view for the department heads to understand more about their expenditure, how their departments procurement requests are faring over time and identify bottlenecks.
Our Approach
Guided Workflow: A form-based workflow that specifies requirements at each step, including necessary approvals and document submissions.
Timely Reminders: Our bork proactively sends reminders for requests that have been pending for too long, ensuring no task falls through the cracks.
Customisable Agency Workflows: While maintaining a foundation based on MOF guidelines, we offer agencies the ability to customise workflows to better fit their needs.
Activity and Audit Records: We provide a clear overview of financial expenditure, procurement activities, and the status of requests, making it easier to track and manage contracts and renewals.
Rollout plan
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Q1 - SVP and DC pilot launch. Piloting within OGP.
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Q2 - SVP and DC full launch. ITQ prototype
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Q3 - ITQ full launch. ITT prototype
User Feedback
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Presented procurit to buyers/requestors and procurement managers.
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Feedback from buyers have been positive as it now gives them clarity on what stage the request is in and what are the next steps.
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Procurement managers find the single source of truth to be useful instead of relying on emails and spreadsheets.