C1 India: Enriching the Procurement Experience of Industries

CIO Vendor Procurement had long been a traditional dilemma for forward thinking entrepreneurs. However, certain revolutionary ideas were adamant on changing the picture for good. C1 is the leading global provider of complete SaaS-based/On-premises procurement performance solutions. With the diverse portfolio of products, they are the pioneers in this business with close to two decades of focus and expertise in procurement related solutions and continue to lead the innovation curve by listening to customers and analysing the market.

The firm’s comprehensive product portfolio includes best-of-breed procurement focused solutions for both the strategic and operational aspects of procurement - e-Procurement Suite, e-Tendering, e-Auctions, Procure-to-Pay, e-Marketplace, Supplier Management and Contract Management.

However, C1’s story is more than just its portfolio of products. The firm has a legacy of being industry’s first. Starting off in the year 2000, C1 landed its first step in the e-Procurement domain by offering e-Procurement services and solutions in a then nascent market. In a mere 2 years, C1 created its niche in e-Procurement.

The government of Andhra Pradesh partnered with C1 and launched India’s first e-Procurement Portal in 2002. The project won the Golden Icon award for ‘Exemplary Implementation of e-Governance Initiative’. And the rest is history. C1 grew by leaps and bounds becoming a global name and delivering vital procurement solutions for the government, private and public sector enterprises.

Winning Trusts across Verticals
C1 India has claimed utmost respect in the global arena for its e-Procurement stances. Sultanate of Oman project is one of many contributions C1 has made in the global market. In 2010, C1 implemented its solution to only one ministry, but now the figures have increased to
more than 70 ministries of Sultanate of Oman. This project has also won the ‘Best e-Governance implementation’ award among GCC countries. C1 India’s strong presence in Middle East regions (covering Oman, UAE and Bahrain) and India enables the firm to facilitate and develop digital solutions across industries & functions while staying close to the customers and their businesses.

The clientele spans a myriad of verticals with names like Sultanate of Oman, Government of Gujarat, Government of Goa, Balmer Lawrie & Co. Ltd, Bharat Heavy Electricals Limited, Gail Limited, GP Global, ITC Limited, KPMG, Asian Paints, SBI Bank, Union Bank, Canara Bank and more. The CEO, Sanjay Puri says, “We are proud to be a trusted and preferred partner in the e-Procurement space. Our deep domain capabilities and outstanding quality assurance practices have earned us the trust and rapport of our customers”.

Puri has been instrumental in transforming the company to be a trusted partner who delivers outstanding customer service, fosters collaborative relationships, and provides significant value, and to be recognized as e-Procurement expert in global markets. His 25 years of exceptional service in the IT industry across multiple geographies carrying leadership roles, have been valuable in shaping C1’s future road map.

Not limited to government & corporate sector, C1 India also provides transformative solutions to numerous Banks & NBFCs. Astonishingly, C1 is in approved by Ministry of Finance (Banking Division) for conducting e-Auctions for NPA accounts under SARFAESI Act 2002. C1 India is one of the fastest-growing companies in the e-Auction space with experience of serving some of the most distinguished banks as mentioned earlier. The company further intends to integrate new-age technologies like Blockchain, AI, predictive analytics, and real time data insights to make its procurement solutions robust. C1 India is now introducing a new venture AuctionOnClick, an e-marketplace that lists all kinds of bank auction assets (NPAs) across India.

This function aims to empower investors by helping them to seek investment opportunities through credible and legitimate sources and better insights for listed NPAs via banks and financial institutions. With such significant strides, in the global market, C1 India is on the trajectory to become a premiere global name.