New portal will further streamline payment processing for vendors
NTPC Limited has gone live with the Avaali’s Velocious Sourcing and Supplier Experience solution across its supplier ecosystem which will also cover all of its subsidiaries, while vendors will benefit from a more streamlined and transparent way of managing their interactions with India’s largest power generation company under the Ministry of Power.
“With this go-live, NTPC Group continue to strengthen how it engages with its vendors, building a more connected, transparent, and responsive way of working. Velocious gives both NTPC and its vendors a shared, reliable system of engagement, designed to scale with the size and diversity of NTPC’s supplier base,” Bangalore-headquartered Avaali Solutions said on 7 Sept.
The new self-service environment will enable vendors to manage their profiles, track order status, and submit invoices digitally across multiple scenarios. Over time, the solution will expand to cover a broader range of supplier interactions, supporting NTPC’s vision of a more agile, connected, and future-ready supplier ecosystem.
The rollout spans NTPC’s extensive supplier base, with over 50,000 vendors expected to engage through the solution, making it one of the more significant supplier experience initiatives undertaken in the Indian public sector.
NTPC expects this initiative to improve compliance, turnaround times, reduce manual effort, and strengthen supplier relationships through greater transparency and ease of engagement supporting the organization’s broader ambition of building a more efficient and supplier-friendly procurement ecosystem.
Commenting on the go-live, Virendra Malik, Executive Director – Finance, NTPC Limited, said, NTPC has rolled out the Velocious Supplier Experience portal, designed and implemented by Avaali, to support NTPC and its subsidiaries across the vendor ecosystem. This initiative marks a significant step in NTPC’s digital transformation journey, ensuring seamless invoice processing, enhanced transparency, and improved compliance. By integrating advanced automation and vendor-centric workflows, the system strengthens operational efficiency and fosters trust with our partners. NTPC remains committed to leveraging technology for sustainable growth, reinforcing its leadership in the power sector while delivering value to stakeholders and strengthening collaboration across its extensive vendor base.
Sameer Sharma, Executive Director – Information Technology, NTPC Limited commented, “The new portal will further streamline payment processing, and our vendors will get an improved interface. We look forward to a smoother and more seamless payment experience for all our partners. Congratulations to everyone involved in making this launch possible!”
Srividya Kannan, CEO of Avaali Solutions, said, “We are proud to partner with NTPC on an initiative of this scale and significance. Strengthening how a supplier ecosystem of this size engages, communicates, and collaborates is exactly the kind of impact Velocious is built to deliver, and we look forward to growing this partnership with NTPC.”
Avaali Solutions is the creator of innovative platforms such as Velocious and Avagama AI, designed to drive cost optimization and margin improvement for upper mid to large enterprises. Since its founding in 2013, Avaali has advanced digital transformation for clients across Asia, the Middle East, and Europe, delivering significant reductions in process cycle times and operational costs. Avaali empowers organizations to realize tangible business value through advanced, scalable intelligent automation. Avaali recently launched Avaali Al Saudia, a wholly owned subsidiary incorporated in Saudi Arabia to manage its regional operations. Fiinews.com
