Tejari, the Middle East’s leading online marketplace, today announced a major upgrade of its core trading platform, with significantly enhanced procurement features that will enable it to provide world class ecommerce solutions to its growing customer base. The upgraded marketplace allows Tejari to enhance its existing services, improve efficiency and security, and to develop new services and marketplaces that are tailored to the needs of businesses, governments and communities throughout the region.
The upgraded marketplace solution will give Tejari a complete end-to-end offering for business-to-business trade, from initial enquiry through to payment processing, and will also introduce a wide range of additional functions and features to help buyers and sellers to refine and monitor their transaction processes.
“Tejari was established with the vision of giving the Middle East’s businesses and governments access to the benefits of ecommerce, and of building new trade links to markets around the world. With this new trading platform, we will be able to offer the most advanced technology in the market, at the most competitive pricing, and the with most customization for the local market based on six years of direct experience. The offering is unmatched,” said Omar Hijazi, CEO of Tejari.
New services and features for customers are being deployed in an ongoing process of enhancement, both to meet customer requirements for particular features, and to introduce innovative new ecommerce capabilities. One of the main upgrades will be the extension of Tejari to a complete end-to-end online trading solution. Previously Tejari was able to offer sourcing solutions, but with the new platform, the service will cover the whole requisition process, from initial requests through to invoicing and payment.
Initially conceived as a means to streamline the buying process, the new Tejari platform includes a number of benefits specifically for companies that rely on online procurement. The upgrades include a ‘What If?’ tool to better analyze potential suppliers, more comprehensive bid breakdowns so buyers know exactly what they are getting from vendors, and a new printer-friendly format for those users that have hard copy requirements.
Sellers on the new Tejari will also benefit from tools that will improve their communications with potential buyers, and both parties will now be able to track the status of bids in real-time, check the status of multiple bids and access their previous transaction data with specific companies through a new dashboard feature.
“In the past six years of operation, Tejari has gained tremendous insight into our customer requirements, and how we can help them to use ecommerce to increase their organizational effectiveness and their bottom line. With this comprehensive upgrade to our services, Tejari will be able to offer online procurement capabilities that are among the best in the world,” Hijazi added.
To better understand the business requirements of its trading partners, Tejari extensively surveyed and hosted focus groups with both UAE-based and regional members. The company is now embarking on a major communications campaign to ensure that its online community receives the full benefit of the multi-million dollar new Tejari platform.
About Tejari
Tejari is the Middle East’s premier online business-to-business marketplace. Tejari enables buyers and sellers to transact and share information about a variety of goods and services via a secured Internet environment. Tejari provides a single point of contact for an open and growing community of buyers and suppliers, permitting spot-purchasing and on-line auctions that enable participants’ real-time access to new markets and greater cost savings. Visit Tejari at http://www.tejari.com
