Your Entire Purchase Department in one App

Procurement as a Service is here.

With Munim's PaaS [Procurement as a Service] you get access to an enterprise grade Procurement team that takes care of your purchasing requirement on the Cloud without any Fixed Cost with simple Pay as you Go plans. 

Transparent

Take Informed Decision with Transparent third party quotes from Open Market

Scalable

Need to ramp up sourcing? Worry Not, scale in five minutes

Pay per Use

No Fixed Overhead or Retainer. Only Pay for what you use and how much you use

More Choices

Why Stick to just three quotes? Get Quotes from Thousands of per-vetted vendors in one click​

How it Works

Step 1

Request for Quotation

You Specify what the organization requires through a simple RFQ Form with easy selection tabs

1
Step 1
Step 2

We Shop Around

Once requirement is received, we do everything your team would do, just with 10X Suppliers [Our Own and Yours] and ensure we get best offer

2
Step 2
Step 3

Best Offer Tabled

A transparent report of each order is delivered into your inbox for your approval, this report ensures transparency during entire procurement process

3
Step 3
Step 4

Approval Workflow

Once you approve the offer, it can be placed in an organization workflow ensuring all Key stakeholders agree with the offer and update it if any changes are required

4
Step 4
Step 5

Order Management

Once Order is approved, Purchase manager can check status of order, upload /access documentation related to order.

5
Step 5

BENEFITS

BUYER
SELLER

Unmatched Prices

Every single purchase order gets quoted by multiple vendors to deliver best price

Instant Vendor Base

Jump Start your procurement through instant access to 1000 KYCed Vendors

Approval Integration

Define who can approve or reject purchase orders across your departments

Zero-Commission

A flat fee model with No commission on volume, truly independent

No Long Credit Cycle

Get Cash Advance on your Bills right when they're approved by Buyers

Do KYC only Once

Start selling to thousands of Businesses by Registering Once

Zero-Commission

A flat fee model with No commission on volume, truly independent

Sell With Confidence

No worries about advances/defaults, All transactions handled via dedicated Escrow

Categories we Serve

Munim has launched its business suite for general corporate. Under Business Suite, you empower your purchase manager to procure everything which is needed to run an office.

Office Supplies​

Pantry | Stationery | Cleaning

Computer Peripherals​

Desktop | Laptops | Tablets | Components

Consumer Electronics​

Television | Refrigerator | Air-Conditioner

PRICING

BUYER
SELLER

Basic

No Fees till Ten Orders a Month
0
  •  

pro

Prepaid Recharge after Ten Orders
5,000
  •  

Basic

No Fees till you get First order
0
  •  

pro

Prepaid Recharge after First Order
5,000
  •  

FAQs

BUYER
SELLER

Does Munim charge any Brokerage?

No. Munim does not charge any brokerage on its Platform. By not charging any brokerage, we ensure best prices and quality is realized for our clients.

How does Munim charge me?

Consider Munim like your mobile recharge. Your service balance gets debited basis on your usage. This ensures you pay only for resources you use. One enquiry instance would cost INR 200 to execute. So a recharge of Rs.5, 000 would provide you 25 enquiries.

Does Munim service credit have an expiry?

Yes, service credit is valid for 360 calendar days. This is purely done from an accounting stand point.

How trustworthy are suppliers on Munim platform?

Dealing with outside vendor can be challenging, and we at Munim know this. We’ve tried to address following concerns:

  1. KYCed Suppliers: All suppliers who access Munim’s platform are KYC-ed before they are provided opportunity to supply to you. We provide basic KYC details that is required from your accounts and compliance team.
  2. Watertight Finances: Any money that you release to suppliers goes into an escrow account and is released only once transaction is complete.
  3. Delivery Assurance: Once a supplier wins an order, he is required to submit a reserve amount, usually 10% of the order value to ensure he delivers the goods. In case supplier fails to deliver, said reserve amount is forfeited and buyer is compensated for said loss of time.

Can I limit my orders to only my private vendor list?

Yes of-course. While sending RFQ you can select “Private” vs “Public” order. Under a Private order, only your registered vendors would have access to your requirement. However, it’s always advised to keep a “Public” order leading to better value discovery.

More Questions?

We’d be happy to help you with your queries. Call us now.

Does Munim charge any Brokerage?

No. Munim does not charge any brokerage on its Platform. By not charging any brokerage, we ensure we have your trust and that of your buyers

How does Munim charge me?

Consider Munim like your mobile recharge.Your service credit balance gets debited basis on orders we provide to you.This ensures you pay only when you make money off the platform. No upfront fees.We deduct INR 200 to execute an order, thus a recharge of Rs.5,000 would provide you 25 orders.

Does Munim service credit have an expiry?

Yes, service credit is valid for 360 calendar days. This is purely done from an accounting stand point.

How trustworthy are buyers on Munim platform?

Dealing with an unknown buyer can be challenging, and we at Munim know this. We’ve tried to address following concerns:

 

  • Bluechip Buyers: All buyers associated with Munim are Listed public companies or similar. A quick test of credibility would be to check number of vendors participating in the Tender process. Generally, more suppliers bidding = better market credibility of buyer
  • Airtight Finances:  Your advances and payments are safe with us. They are kept in a designated escrow account and is released once transaction is completed.

 

Why do I need to put up a deposit before delivery?

Earning your buyer’s trust is important for your business. To source from a non-empaneled partner exposes a buyer with many risk [Non Delivery, Delay in Delivery, Faulty Product]. To cover for such risks, every supplier is required to deposit a fraction of order value into our escrow account that is released once transaction is completed.

What is Munim Bolt? And how do I use it?

Dealing with a corporate can result into slow payment cycles Munim understands your cash flow needs and with us, as soon as your bills are accepted by Munim partner Buyer organizations, you can ask for a Cash Advance on your unpaid bills. Speak to our accounts team to know more.

What are charges to avail Munim Bolt?

As a service Munim Bolt is accessible to all. Every Order would have an approximate cost of cash advance listed on it. Bolt cost is dependent on number of days left for bill to be paid among other things.

What documents do I need to register?

Following are standard set of documents required before being allowed to fulfill any orders:

PAN Card of your Business, Cancelled Cheque in name of your Business, GST Certificate of your Business. All such documents should be uploaded in your “My Accounts” section before being allowed to proceed.

More Questions?

We’d be happy to help you with your queries.Call us now.

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