Synise Technologies has recently entered into an association with cloudBuy for operating a B2B market place and sourcing from India in support of the Indian Governments ‘Make in India’ campaign.
The partnership aims to create a B2B Market Place that will cater to procurement of indirect material by various industries like Auto/Auto Ancillaries/FMCG/Textiles/Capital Goods etc. The collaboration will help improve on Synise’s existing outsourcing of procurement with cloudBuy’s solutions that offer sourcing to payment, making the final offering more efficient due to use of technology. It also adds many features and offerings such as spend analysis, contract management, payment facilities etc. Additionally, the existing clients of Synise can procure through the market place and save on their procurement cost and add to their bottom-line and also benefit from the asset management offering through the B2B market place.
Ashok Dani, CEO of SYNISE commented, "The Gulf States are India's largest trading partner and we have the largest group of vetted high quality Indian suppliers. We believe there is immense potential in providing these suppliers with B2B ecommerce so that they can easily export to the world, at the same time as making their Indian business more efficient. The association with cloudBuy will help us tap this potential and provide a value added proposition to our customers."
Ronald Duncan, Chairman of cloudBuy commented, "Having come directly from meetings in the United Arab Emirates where we have opportunities that are a perfect synergy with the “Make in India” campaign, it was great to immediately finalise a deal that will support Indian exports to the Middle East and the rest of the world.”
Complementing the new governments campaign to drive growth in India nationally and internationally, this association will help businesses leverage the advantages and efficiencies of leading e-business applications and with end to end solution i.e. identification of sources, approval of samples, monitoring shipping etc.
