PROCUREHERE - Simplifying Complex Procurement Processes (NST: 08/10/25)

Oct 08, 2025
PROCUREHERE - Simplifying Complex Procurement Processes (NST: 08/10/25)

KUALA LUMPUR: A PROMINENT player in Malaysia's digital landscape, PRIVASIA Sdn Bhd, a subsidiary of PRIVASIA Technology Bhd, has established itself as a leader in digital procurement and information and communication technology (ICT) solutions. Its flagship platform, PROCUREHERE, empowers both public and private sector organisations to streamline operations.

With a mission to drive operational excellence and growth through secure technologies, PRIVASIA is creating powerful synergies to advance Malaysia's business sectors. This commitment was recently recognised when the company clinched the Software Application (Cloud-based Procurement) award at the Pikom Digital Excellence Awards 2025.

Receiving the award on the company's behalf was its Executive Deputy Chairman, Datuk Puvanesan Subenthiran.

What does winning the Pikom Digital Excellence Award mean to the company?Winning this award is more than just receiving a trophy. It is a testament to our unwavering commitment to customers and validates the countless hours our team has invested in pushing the boundaries of digital procurement.

For us, the award is not the finish line, but a powerful motivator to keep building smarter and more impactful solutions for the businesses we serve.

Could you share an example of how PRIVASIA's solutions have delivered tangible value?
One notable case involves a leading Malaysian conglomerate that adopted our PROCUREHERE platform. Previously, sourcing events took weeks and approval processes were delayed for days. With PROCUREHERE, 70 per cent of low-value sourcing is now completed in just three to five days, while approval times have been reduced to less than eight hours.

Most importantly, the company recorded 17 per cent cost savings in the first half of 2024. What was once a bottleneck in procurement has been transformed into a true driver of efficiency.

What makes your solutions stand out in a crowded tech landscape?
PROCUREHERE distinguishes itself by simplifying complex procurement processes. The platform is intuitive and easy to use, while flexible enough for customers to adopt with minimal training.

It is this combination of clarity, flexibility and a seamless user experience that makes PROCUREHERE a trusted choice for organisations seeking efficiency and control.

How do you assess the Malaysian tech industry today?
Malaysia's greatest strength lies in its adaptability to advanced technologies. However, a key challenge is ensuring adoption is aligned with clear business goals.

At PRIVASIA, we focus on bridging this gap — ensuring innovation always serves the end goal of delivering greater value and customer satisfaction. Ultimately, merging technology with business priorities will be the real catalyst for future growth.

What was a turning point for you and your company?
The Covid-19 pandemic was a defining moment. It accelerated digitalisation globally and reinforced the importance of agility and foresight.

During that time, demand for solutions such as PROCUREHERE grew significantly, as organisations urgently sought after more efficient, digital-first ways of working.

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News Straits Times
By RS Iskandar Oct 8, 2025 @ 11:47am


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