E-procurement is the business-to-business, business-to-customer or business-to-government purchase and sale of supplies, work and services through the internet as well as other information and networking systems. An easy term to understand E-procurement would be “supplier exchange”

While E-procurement systems developed by leading organizations (like Oracle and SAP) are being used by many organizations and governments across the globe, Khareed.pk has stepped in to provide B2B (Business-to-Business) E-procurement services for there customers to buy products from the market at the right prices.

What is Khareed.pk?

Khareedis an e-procurement solution specially tailored for the local market to use with ease. Its leading product is the cloud based e-procurement solution application called “Prism” which offers the setup for companies to requisition quotes and manage procurement spend.

It also provides an easy-to-use interface which requires little to no training to get started. Companies can submit themselves to the company wherein they are registered and given access to online accounts through which they can manage the procurement.

How does it work?

Khareed.pk has two products which handle the system:

  • Prism Procurement; requisitioning from multiple vendors, quote comparison to choose the best price and terms, transaction record management along with other tools which form a complete package for e-procurement.
  • Spectrum Sales; service and product listing, business promotion and marketing campaigns to reach desired audience, transaction history management and tracking along with other tools that form a complete package for B2B (Business-to-Business) e-commerce channel.

Some Good Features

The Request a Quoteoption is something very useful. Any client can come in directly and set his required category, then use the description panel to provide a little information about the product he wants to purchase. Contact details are provided and the company will respond to you with the best options available.

Browsing Productsis easier than ever with the website’s browse products section. You click on a category and it takes you to a page which is very much descriptive in showing information about every product in that category. In addition to the display of products and a short description of their work, users can click on any one of the product features to specifically find what they are looking for.

The Product Description page is very simple and descriptive. It provides to the point information for buyers to see and assess the product. Covering all the necessary documentation and description of the product, one can read through it and decide to send a quotation.

Who is it for?

Khareed.pk is for:

  • Buyers to buy products at the right price. They can compare prices of products from different sellers and request a quotation for the products they think will be suitable for them.
  • Sellers to create their own e-commerce store front and be found by buyers across the country.

Khareed already has users of high value in Pakistan like “Metro cash n carry”, “Atlas Batteries”, “The City School” etc. and its capable of handling a lot many buyers and sellers due to its cloud based systems.


While e-procurement systems have a price that is near to impossible for a local company to afford, Khareed.pk gives Prism cloud based service packages which start from PKR 10,000 per month and proceed above. Spectrum sales is a free solution to the very beginners while the basic package starts with PKR 5000 per month.

With the presence of a lot of e-procurement solutions out there in the world which are too much expensive for the local market, Khareed.pk has the right solution for the local market to evolve and develop into the digital world and the people using the system know this.

For more information, you can visit https://khareed.pk/

By Web Team

Technology Times Web team handles all matters relevant to website posting and management.