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Insights Success The 30 Most Valuable Tech Companies Insights success November2016

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Vupadhi:<br />

Simplifying Procurement in the Emerging Global Markets<br />

E-Procurement may seem less<br />

glamorous and in many ways<br />

more difficult to initiate than<br />

online retailing at the present, but the<br />

fact is E-Procurement promises far<br />

greater potential for cost savings and<br />

business improvement than online<br />

retailing or enterprise resource planning<br />

systems and will permanently and<br />

fundamentally reform the way we do<br />

business in future. B2B e-commerce<br />

will essentially restructure the way in<br />

which organizations purchase goods,<br />

resulting in significant process<br />

efficiencies and permanently lower<br />

costs.Thus, the need for the firms in E-<br />

Procurement is and will be<br />

higher.<br />

Vupadhi <strong>Tech</strong>no Services, a<br />

Hyderabad based company<br />

addresses all the compatibility<br />

issues of Browsers, Databases<br />

and Operating systems for E-<br />

Procurement applications. <strong>The</strong> firm<br />

has achieved significant heights over the<br />

years in E-Procurement and is<br />

continuing to provide the best service<br />

possible to the clients.<br />

Continuing the Journey of Reforms<br />

Vupadhi started its inception as an O&M<br />

Partner for Mee Seva - a Citizen Friendly<br />

Service of Andhra Pradesh State<br />

Government. From a humble beginning,<br />

Vupadhi has grown in leaps and bounds<br />

over the last 5 years and has an<br />

impressive clientele which includes<br />

Andhra Pradesh <strong>Tech</strong>nology Services,<br />

18 | November 2016 |<br />

Telangana State <strong>Tech</strong>nology Services,<br />

Electronic Services Delivery among<br />

others.<br />

<strong>The</strong> firm has built a comprehensive<br />

platform that is compatible with all web<br />

browsers to view and download Tenders<br />

and E-Auctions to electronically<br />

participate in bidding. “A2Z Procure” is<br />

an end-to-end web based Electronic<br />

Procurement Platform built by Vupadhi<br />

on a SaaS model with integrated<br />

Centralized Supplier Management<br />

Portal, Cost Estimation & Indent<br />

Management, E-Tendering, E-Auctions,<br />

E-Catalogues, Contract Management,<br />

E-Payments and Account Management.<br />

<strong>The</strong> E-Procurement Application<br />

developed by Vupadhi helps enterprises<br />

handle all types of Auctions and<br />

Tenders. It also enables Corporate and<br />

Government sector to manage their Pre-<br />

Procurement, Procurement, and Post-<br />

Procurement activities in a highly secure<br />

environment with total transparency in<br />

monitoring and managing end-to-end<br />

Procurement lifecycle. GFR, DeITY,<br />

CVC, STQC guidelines are followed in<br />

the functionality and security aspects of<br />

the E-Procurement platform developed<br />

by Vupadhi <strong>Tech</strong>no Services Pvt Ltd.<br />

Creator and Trailblazer who sees the<br />

future of E-Procurement<br />

N. Kalyan Chakradhar Reddy,<br />

Founder and Managing Director of<br />

Vupadhi <strong>Tech</strong>no Services Private<br />

L i m i t e d i s a fi r s t g e n e r a t i o n<br />

technopreneur carrying more than 15<br />

y e a r s o f e x p e r i e n c e i n t h e E -<br />

Procurement domain.<br />

He was COO of a giant E-Procurement<br />

software company in India for more than<br />

10 years before being bitten by the<br />

entrepreneurial bug. His experience and<br />

p a s s i o n t o w a r d s E -<br />

Procurement domain made<br />

him jump into the start-up<br />

bandwagon to start his own<br />

company Vupadhi <strong>Tech</strong>no<br />

Services Private Limited in the<br />

year 2011 and the company<br />

bagged the contract to design,<br />

develop, integrate, migrate data and<br />

implement the comprehensive state-of<br />

the art E-Procurement and E-Auction<br />

System for the states of Andhra Pradesh<br />

and Telangana.<br />

Government of Andhra Pradesh was<br />

presented the “Golden Icon award-<br />

2003” under his management for being<br />

the first state to adopt the E-Procurement<br />

platform for all G2B procurement<br />

processes in the country. Also<br />

appreciated with the prestigious United<br />

Nations Public Services Award for the<br />

year 2007.<br />

72

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