Company Market Research Report: Licify

Company Overview

• Name: Licify

• Mission of the Company: Digitalize supply chain to reduce direct costs by up to 9.8% by providing access to more than 20,000 certified suppliers in Latin America, thereby improving profit margins.

• Founded by Whom: No information is available

• Key People in the Company: No information is available

• Where is it Headquartered: Bogotá D.C., Colombia

• Number of Employees: No information is available

• Revenue of the Company: No information is available

• What the Company is Known For: Licify is known for transforming negotiation processes for construction sectors, enabling efficient supplier management and transparent bidding with AI integration.

Products

Overview of Products and Key Features

1. Supply Chain Digitalization Platform:

• Description: A platform that centralizes management processes from planning to reception of filtered proposals, managing thousands of certified suppliers from a single place.

• Key Features:

• Contest Creation: Facilitate contest creation in 5 minutes receiving auto-compared proposals and negotiating transparently.

• Automated Compliance: AI-driven automation ensuring every provider meets standards from awarding to project initiation.

• Traceability Assurance: Provide complete traceability of contests and biddings ensuring transparency and control in every process stage.

• Efficient Payments: Manage supplier payments efficiently ensuring transactions are completed without delays.

2. Supplier Management:

• Description: Manages and compares thousands of certified suppliers in one place.

• Key Features:

• Intelligent Filters: Filter suppliers intelligently and control selections effectively.

3. Project Dashboard:

• Description: Monitors budgets, savings, and cost overruns in real-time.

• Key Features:

• Data Visualization: Visualize the progress of each project enabling data-driven decision-making.

4. Contact Center:

• Description: Manages direct communication with each supplier optimizing purchase processes.

• Key Features:

• Communication Management: Send reminders, solve queries, and request documentation.

5. Comparison Chart:

• Description: Compare supplier proposals at a glance.

• Key Features:

• Proposal Evaluation: Evaluate costs, experiences, and key conditions for informed decision-making.

Recent Developments

• New Products Launched: No information is available

• New Features Added to Existing Products: No information is available

• New Partnerships: No information is available

Testimonials

• Santiago Villa: Appreciates Licify for transforming negotiation processes and structuring data analysis to enhance decision making.

• Claudia Marcela Pinilla Puentes: Highlights the platform's intuitive interface and complete traceability as essential for optimizing purchasing decisions.

• Óscar Díaz Otalora: Praises the extensive supplier database for facilitating access to specialists in non-conventional projects.

• Ana Munevar Vega: Commends the optimization of communication between constructors and contractors, enhancing the efficiency of the entire contracting process.

This report was compiled based on available data and any sections where no concrete information was provided have been noted as "No information is available."