Procurement as a Service
India’s only B2B portal that offers products and services across all categories
20,000+ products and 600+ services across 150 cities, towns, and villages in India
Problem Statement of Typical Customer
Challenges enterprises face with traditional procurement
Finding Vendors Without Rate Cards
You need a product or service but don't have a vendor or existing rate card
The painful process:
- Search for vendors on Justdial, Indiamart, and multiple platforms
- Take references and negotiate with each vendor individually
- Onboard on ERP and have them sign agreements (NDA, EHS, Rate Agreement)
- Check compliances like licenses and GST filing history
- Train vendors on invoicing procedures and catch errors
- Manage payment-related escalations
- Year-end verification of tax filing for input tax credit
Rate Card Validation
Uncertainty about whether existing rate cards are competitive per market standards
Vendor Unavailability
Regular vendor is not available, need to find and onboard new vendor very quickly
Request for Quote - Your Procurement Solution
We take responsibility for fulfilling products or services when procured via Genie Bazaar platform
Vendor Marketplace
Access the largest B2B vendor network in India
- Request quotes from 18,000 vendors on platform
- Onboard your own preferred vendors for rate comparison
- Compare multiple quotes on single dashboard
- Built-in approval workflows for team collaboration
- Digital negotiations with audit trail
- Vendor performance tracking
Artificial Intelligence
AI-powered pricing intelligence for better negotiations
- Analyzes all previous purchases on platform
- Suggests fair price based on similar transactions
- Market rate benchmarking across regions
- Identifies potential savings opportunities
- Direct cost savings for your company
- Historical trend analysis
Consolidated Billing
Simplified vendor management and compliance
- No need to onboard all marketplace vendors on your ERP
- Single invoice from Genie Bazaar for all procurements
- Fully audited and digitally compliant platform
- Automated GST and TDS compliance
- Consolidated payment and reconciliation
- Reduced administrative overhead
Cost Reduction
Competitive marketplace pricing with AI-powered negotiation insights. Average 15-25% savings reported.
Time Savings
Automated vendor discovery, onboarding, and compliance checks. Reduce procurement cycle by 50%.
Risk Mitigation
Pre-verified vendors with compliance tracking. Genie Bazaar takes responsibility for fulfillment.
Approval Workflows
Multi-level approval system with role-based access. Complete audit trail for governance.
AI Procurement Intake and Policy Orchestration
Genie Bazaar does more than collect requests. It helps teams raise demand through AI, structure requests faster, and route them through the right procurement governance path.
Raise Requests Through AI
Employees describe what they need in plain language. Genie Bazaar converts that input into a structured procurement request with categories, quantity assumptions, clarifications, and sourcing context.
- Natural-language request intake for products and services
- Auto-detection of categories, urgency, and location needs
- Clarification prompts for missing scope details
- Cleaner procurement tickets before reviewer intervention
AI-Assisted Procurement Guidance
The system uses historical buying patterns, prior quotes, and category context to guide reviewers on likely price ranges, sourcing paths, and vendor options.
- Suggested buying channel: marketplace, preferred vendor, or RFQ
- Historical benchmark visibility for similar requests
- Recommended next actions for reviewers and approvers
- Lower manual triage time for repetitive demand
Policy-Aware Routing
Procurement policies can determine who reviews, who approves, and when a request escalates based on amount, category, urgency, location, or other rules configured by your team.
- Route by spend threshold, department, or category
- Escalate to the right reviewer or approver automatically
- Keep a full decision trail for governance and audits
- Reduce policy exceptions and approval confusion
How AI-Led Policy Routing Works
Requester submits a need through AI chat or guided intake form
Genie Bazaar structures the request and checks category, urgency, and budget context
Configured procurement policies determine the reviewer, approver, or escalation path
The team sources from preferred vendors, marketplace vendors, or formal RFQ workflows
All actions remain auditable from intake through quote comparison, PO, and fulfillment
How It Works
Simple 4-step procurement process from RFQ to delivery
Post Your Request
Create RFQ with detailed requirements. Add images and videos for reference.
Request is automatically sent to relevant vendors from our 18,000+ network and your preferred vendors
Compare Quotes
Our team ensures you get comprehensive quotes for all requirements.
Multiple vendors submit competitive quotes for your review on a unified dashboard
Negotiate & Approve
Digital negotiations with vendors. Leverage AI insights for better pricing.
Send quotes through approval workflow. System recommends fair market rates
Place Order & Track
Convert approved quote to purchase order. Track fulfillment in real-time.
Monitor delivery, capture proof, and complete with single consolidated invoice
Comprehensive Product & Service Categories
Everything your business needs in one platform
Products
20,000+ SKUs available
- Office Stationery & Supplies
- Furniture & Fixtures
- Electronics & Appliances
- Cleaning & Pantry Supplies
- Safety & Security Equipment
- IT Hardware & Software
- Printing & Marketing Materials
- Facilities & Maintenance Supplies
Services
600+ service categories
- Repair & Maintenance Services
- Cleaning & Housekeeping
- Security Services
- IT Support & Services
- Event Management
- Catering Services
- Transportation & Logistics
- Professional Services
Why We Get Good Rates and Pass Savings to Customers
Our platform economics benefit everyone
Aggregated Demand
Combine purchasing power of 500+ enterprises for volume discounts
Vendor Competition
18,000 vendors compete for your business, driving down prices
AI Optimization
Machine learning identifies best-value vendors for each requirement
Pan-India Network
Local vendors in 150+ cities reduce logistics costs
Success Stories Across Industries
How businesses transformed their procurement
Challenge:
50+ offices requiring office supplies, maintenance, and services
Solution:
Centralized procurement with location-specific delivery, consolidated billing, and regional vendor network
Result:
30% cost reduction, 60% faster procurement cycles
Challenge:
Urgent spare parts and maintenance services across 3 shifts
Solution:
Emergency RFQ with 24/7 vendor response, multi-vendor bidding, fastest delivery prioritization
Result:
Zero production downtime, 40% faster vendor response
Challenge:
Store supplies, fixtures, and renovation services for 100+ outlets
Solution:
Catalog-based ordering + custom RFQ, regional vendor mapping, bulk ordering discounts
Result:
Single-point procurement for all stores, 35% operational savings
Procurement Automation FAQs
Everything you need to know about our procurement platform
How is this different from traditional B2B marketplaces?
Unlike Indiamart or Justdial that only connect you to vendors, we provide end-to-end procurement management including RFQ automation, quote comparison, AI pricing intelligence, approval workflows, consolidated billing, and fulfillment responsibility. We take ownership of ensuring you get competitive rates and quality delivery.
Can I use my existing vendors alongside marketplace vendors?
Absolutely! You can onboard your preferred vendors on our platform and invite them to bid alongside marketplace vendors. This ensures you always get competitive rates while maintaining relationships with trusted suppliers.
How does consolidated billing work?
When you procure from multiple vendors through our platform, Genie Bazaar issues a single invoice to your company covering all purchases. We handle individual vendor payments, compliance, and reconciliation—saving you significant administrative time.
What if I need a product or service not in your catalog?
Simply post an RFQ with your requirements. Our network of 18,000 vendors covers virtually every product and service category. If it's available in India, we can source it for you. Our team actively works to find vendors for specialized requirements.
How does the approval workflow work?
Configure multi-level approval hierarchies based on purchase value, category, or location. Quotes automatically route to appropriate approvers. System maintains complete audit trail. Integration with your existing ERP systems available for enterprise customers.
Can employees raise procurement requests through AI in Genie Bazaar?
Yes. Employees can submit requests through an AI-led intake flow that turns natural-language requirements into structured procurement tickets, asks clarifying questions, and prepares the request for sourcing or review.
How do procurement policies and auto-routing work on Genie Bazaar?
Procurement teams can configure policy rules that route requests by spend, category, urgency, department, location, or other business conditions. The system then sends each request to the correct reviewer, approver, or sourcing path automatically.
Does Genie Bazaar support both preferred vendors and marketplace vendors?
Yes. You can onboard your own vendors and also source from Genie Bazaar marketplace vendors in the same workflow, allowing procurement teams to compare rates, availability, compliance, and lead times before placing an order.
Do you serve only large enterprises?
No! We serve businesses of all sizes—from startups to Fortune 500 companies. Whether you need a single product or managing procurement for 100+ locations, our platform scales to your needs. No minimum order values or contracts.
Works Seamlessly with Other Modules
Procurement is part of the integrated Genie Bazaar platform
Asset Management
Procured assets automatically added to asset register with QR tracking, depreciation, and maintenance scheduling
Vendor Marketplace
Access 18,000+ verified vendors, get quotes, compare rates, and onboard suppliers seamlessly
Financial Operations
Consolidated billing with automatic GST/TDS calculations, vendor payments, and financial reconciliation
Get Free Trial of Industry Leading E-Procurement Portal
Onboard and manage suppliers, RFP/RFQ, Quote Comparison, Approval Workflow, Purchase Ordering System, Inventory Management, Execution/Delivery Proof, and Vendor Payments