Simplified evidencing for internal control and audit requirements through system-recorded interactions
E-sourcing & comms for banking
E-sourcing & comms for banking. For teams working under internal-control and audit requirements.
The country’s largest companies trust us with their procurement
Digital sourcing and communication for the banking sector
Banking procurement operates within strict internal-control and audit frameworks where every decision must be documented and traceable. Procure.az, an e-sourcing and tendering platform built by Smart Solutions Group, provides a digital environment that replaces fragmented communication with a structured system. By covering the procurement lifecycle from supplier identification through to contract awarding in one digital system, banks can manage a high volume of small and mid-size purchases while maintaining the visibility of spend across different departments. The platform integrates sourcing tools with digital communication features to eliminate the inefficiencies of manual coordination. By ensuring that all participants work to the same rules and access the same information, the system reduces manual steps between buyer and supplier. This digital transformation allows banking institutions to maintain rigorous governance standards while accelerating the pace of their procurement activities.
Strengthening procurement governance
Improved visibility of spend and procurement activity across various bank departments
Reduced manual steps and administrative burden between buyers and suppliers
Consistent application of selection criteria for every offer to ensure fairness
Standardised information flow ensuring all participants operate on the same data
Enhanced risk management through fully automated pre-qualification processes
Tools for compliant sourcing
Integrated communication
Combines sourcing tools with digital communication features to ensure all interactions are system-recorded.
Automated pre-qualification
Fully automated pre-qualification and sourcing processes to help in assessing supplier risk.
Configurable architecture
A modular architecture that is configured to the buying organisation’s own internal processes.
End-to-end lifecycle management
A single system covering the process from initial supplier identification to the final contract award.
How the platform streamlines banking procurement
- Configure the modular architecture to align with the bank's internal control frameworks.
- Utilise automated pre-qualification to screen suppliers and assess risk.
- Launch sourcing events where all participants work to the same rules and information.
- Receive and record offers within the system to ensure uniform application of selection criteria.
- Generate a complete digital audit trail from identification to contract awarding.
Frequently asked questions
How does the platform assist with audit requirements?
Every offer and interaction is system-recorded, ensuring that selection criteria are applied uniformly and providing a traceable record for internal control.
Can the system be adapted to our specific internal workflows?
Yes, the platform features a modular architecture that is configured to the buying organisation’s own process.
Who else in Azerbaijan uses this platform?
The system is used by large Azerbaijani enterprises including the PASHA group, Kapital Bank, the SOCAR group, and Azəriqaz.
What support is available for the procurement team?
Procure.az provides 8/5 in-house customer care and support.
How does the platform ensure fairness among bidders?
The system ensures that all participants work to the same rules and receive the same information, while recording every offer to ensure selection criteria are applied uniformly.
Related pages
Modernise your banking procurement
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- 122 Tebriz St. Baku, Azerbaijan AZ1111
- +994 77 220 23 26
- sales@procure.az