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COMPANY PROFILEP R O C U R E M E N T S O LU T I O N S

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OVERVIEWLima Procurement (Pty) Ltd is a procurement manage-ment technology implementation and development company based in South Africa. Lima uses best-in-class technology solutions to ensure efficiency in the creation and management of procurement data and processes for clients.

Lima’s procurement solutions address current supply chain challenges in both government and the private sector by utilizing state of the art technology integrated with blockchain. Use of integrated blockchain technology streamlines the procurement and supply chain processes and brings about positive change to the industry.

Lima offers a web-based platform that connects bidders (suppliers) with supply chain administrators in a secure and transparent environment. The application of Lima’s intelligent governance technology enforces end-to-end transparency and integrity, along with associated efficiencies and cost savings throughout to the entire procurement process - from procurement decision to validation of bidder qualification data, right through to

contract awarding and subsequent project monitoring.

The efficiencies it offers lead to lower risk, higher bid uptake and more competitive pricing.

The configuration of the platform is customizable. Specific components can be used on a modular basis depending on user needs. Lima’s solution offerings are user-friendly and efficient.

Users of the Platform include “Buyers” (clients looking to build tenders on the system i.e. contract initiators) and “Sellers” (e.g. bidders/suppliers/service providers).

Lima’s technology offerings are scalable and have inter-national application across multiple industry sectors. Our solutions save time, save money, curb corruption and increase efficiency.

Lima seamlessly integrates best international Procure-ment practice with key technologies that are aligned and customizable for a unique, holistic South African Solution.

W E LC O M E TO T H E F U T U R E O F

PROCUREMENT MANAGEMENT

Company Name: LIMA PROCUREMENT (PTY) LTD

Registration Number: 2018/524348/07

Rating: Exempted Micro Enterprises (EME)

Shareholding: 100% Black Owned

BEEE Contributer: Level 1

Director/s: Mbuyiselo Mtsheketshe

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ADVANCED ALGORITHMS

Matches data and category searches between Buyers and Sellers.

A key-word search and filter engine that becomes more intelligent over time and flags irregularities.

GENERIC BID DATA AUTO-POPULATES

Data transition from one Tender to the next saves time and encourages active compliance.

NON-COMPLIANCE NOTIFICATION

Proactive early warnings and alerts of documents expiring (e.g. tax clearance).

Bidders/Suppliers are automatically notified of cut-off dates and incomplete information (greater ease of making cut-off deadlines and pro-active compliance).

DECENTRALIZED DOCUMENT STORAGE

Verifies and enforces compliance of Buyers and Seller e.g. tax clearance, certificate of origin, founding statements, etc.

RATINGS SYSTEM

Rates Supplier performance against bid specifications.

DATA PROTECTION

The ability for Buyers and Sellers to protect private & confidential information/documentation, e.g. IP/trade secrets.

On-demand recovery of archived bid documents.

ACCOUNTABILITY

Assigning roles to participants within the supply chain process ensures accountability with bespoke and secure data flows assigned to user roles.

SECURITY

Monitoring and lock-out of users who abuse the bid process.

Fully documented audit trail removes potential for manipulation of records.

Focused cyber security embedded in the solution design.

DECENTRALIZED APPLICATION

Ensures decision-making is aligned with the policies of the competitive bidding rules.

Q&A FEEDBACK COMMUNICATIONS

A flexible question-and-answer communications framework – only administrators see Bidders’ questions, but when answered ALL Bidders are able to view the question and the answer. (Bidder names remain anonymous and are replaced with user IDs).

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KEY FEATURES

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TECHNOLOGICAL INTELLIGENCE RADICALLY IMPROVES PROCUREMENT PROCESSES AND ENFORCES ACTIVE COMPLIANCE

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ENHANCED FEATURES

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GENERAL BENEFITS

Multi-industry application.

Virtual meeting functionality within the website.

Regulatory & legal compliance, e.g. the ability to filter and block participants of concern, such as sanctioned entities.

Enhanced documentation matrix and management functionality.

Bespoke reporting functionality – data structures and mapping enable customized reporting.

State-of-the-art rules engine reducing evaluation and adjudi-cation time and inefficiencies.

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• Simple, inexpensive, easy to use interface and process.

• Enhanced security and ease of audit.

• Blockchain-driven encryption, authentication and validation.

• Paper and storage reduction.

• Bidders have the ability to modify or correct their bids up to the cut-off date.

• Feedback on results is customizable, automated and transparent.

• Automated processing and scoring.

• Associated cost and time savings.

• Reduction in cost of paper document delivery, e.g. courier costs.

• Risk of bidders failing to submit document timeously due to logistical challenges is minimized.

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COMPETITIVE ADVANTAGE

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INDUSTRY RECOGNITION

A unique offering utilising the benefits of distributed ledger technology (DLT) to service the full procurement value chain, providing evolutionary advantages for both Tender Initiators and Bidders/Suppliers across multiple industries.

The technology has Commerce Edge and Smart Procurement as stake-holders and advisors

No holistic comparable offerings avail-able in the market today. Strategic com-mercial partnerships will ensure sustain-ability and dominant market share.

LIMA PROCUREMENT PLATFORM CONNECTING BUYERS & SELLERS IN A WHOLE NEW WAY.

Lima is negotiating various high-level strategic partnerships

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CONCLUSIONOur execution strategy incorporates proven methodologies, extremely qualified personnel, and a highly responsive approach to managing deliverables.

Our team has successfully performed similar work for many corporate companies in the country. The technology platform is not only scalable, but innovative, robust and designed for large supplier databases.

Thank you for your consideration,

MBUYI MTSHEKETSHEDIRECTOR

+27 84 449 1910 mbuyi@limasa.io www.limasa.io

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