Trubiquity (formerly Autoweb), a provider of software-based business process automation and data management solutions for the automotive, aerospace and consumer goods industries, has launched a new software product that streamlines purchasing and procurement processes. Named TRUsource, the product aggregates and distributes bid content in a secure, auditable and efficient manner for use by manufacturers and their suppliers.
"Manufacturers and suppliers face numerous challenges when distributing information, proposal and quotation (RFx) packages during the procurement process," said Muhammad Khan, chief technical officer for Trubiquity. "TRUsource was developed to automate manual bid-processes making procurement activities throughout the product lifecycle easier and less costly."
TRUsource software helps customers establish and automate procurement processes by streamlining RFx data input, questionnaire development, bid compilation and distribution, as well as supplier management and reporting. In addition, the new service can be accessed via the Internet at anytime, globally. Launched on TRUcore, Trubiquity's new software-as-a-service (SaaS)-based systems architecture, TRUsource will replace the companys existing procurement software product, GlobalSource.