buildersV2B.com processes purchase orders worth AED 2 billion

Builders Portal is an independent venture of top management and construction industry stalwarts in UAE. It is an independent venture backed by the highly respected ETA-Ascon group of UAE. The venture draws from the vast knowledge domain of several industry verticals and incorporates positive features to make the portal feasible and practical for the patrons.

"The BuildersV2B.com e-procurement solution provides - greater choice of suppliers, reduces cost of transactions that impacts the bottom-line in the long run, brings in greater transparency and visibility in the procurement process and thus better management control. The focus of the solution offered is not on technology alone but on looking at 'best practices' that meet the ultimate objectives",

said Animesh Basu, General Manager, Builders Portal FZ LLC.

The site has been launched with the sole purpose of providing top-of-the-line choices of vendors and solutions to buyers and to cut down procurement costs in the construction sector. The website aims at streamlining the entire process by seamlessly connecting the buyers (patrons) to the vendors (partners) community and enabling a transparent transaction using the Internet as the medium.

"BuildersV2B.com is vertically focused on the construction sector and already has implemented the system to a vendor base of over 5700 tried and tested suppliers. Industry buyers are continuously seeking ways to increase their vendor base in order to have a greater choice and more buying options, which in turn helps to reduce overall purchasing budgets. BuildersV2B.com plays a crucial role towards this end," added Mr Siddique Jamal, Business Development Manager, Builders Portal FZ LLC.

'BuildersV2b.COM' has introduced the 'Live Enquiry' system where all purchase enquiries published by buyers is available to all registered suppliers who wish to quote, thus ensuring the widest choice of offers to consider. Currently, an average of 130 new enquiries is posted by buyers on the site per month, each receiving an average of 7 offers from registered suppliers. As on date, 43,733 purchase orders have been issued on the portal since its commercial launch with total value exceeding AED2 billion. It can therefore be classified as a tried and tested fully mature portal.

Builders Portal, also provides 'Total Solutions' in terms of web design and development, web based portal development, content management system, web hosting, web maintenance and web marketing. Builders Portal total solutions are designed based on systems and business process analysis of the client's requirements.