One of its clients, a Thai telco company, has been Pantavanij's partner for over 19 years.
As efficient procurement systems become ever more crucial for businesses that want to significantly reduce costs, Pantavanij, a leading Thai company founded in 2001, provides end-to-end services to secure the entire purchasing process—from online information requests to online purchase, purchase document management, and online invoicing.
It also provides in-depth spend analysis and provides real-time insight into all of a client’s data. “We serve leading large to small companies from various industries, such as telecommunication, banking and insurance, retail and distribution, energy, manufacturing, and education in 12 countries across South Asia. We help them to achieve higher business efficiency and profits, by giving cost savings without compromising the quality of their product and services,” explained Apisit Kuparatana, Managing Director at Pantavanij.
Pantavani’s eProcurement platform adopts RPA for procurement, as well as best practices for eAuction preparation and negotiation. Along with artificial intelligence, the platform enables procurement of commodity products at the right volume and quantity, and with the right supplier at the right time.
A Thai telco company, who has been a partner of Pantavanij for 19 years, mentioned that out of the total corporate procurement spending of US$2.7b, the company spent approximately US$2.2b in 2019 through Pantavanij’s platform.
More recently, the company opened a new facility in Ho Chi Minh City, as a testbed to leverage its expertise and deliver its tried-and-tested eProcurement and eAuction platforms for its Vietnamese clientele.
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