Nia Tail Spend Management

Nia Tail Spend Management significantly reduces time and effort needed for the tail spend sourcing process, and enables communication between Buyer, Supplier and MSPs. It provides intelligent recommendation of suppliers for cost-effective and timely fulfillment of products & services requirements.

By enabling a conversation dashboard, category matching & spec clarity, supplier recommendations and price discrepancy identification, the application allows enterprises achieve world class procurement, reduce costs and manage tail spend efficiently

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Features


Nia Tail Spend Management is designed to enhance efficiency and collaboration amongst various stakeholders, while reducing the overall tail spend

  • Conversation dashboard
    Single dashboard for all conversations (online/offline) for enhanced traceability and visibility

  • Category matching & specifications clarity
    NLP and ML based automated category identification and pre-populationof request details

  • Supplier recommendations
    Intelligent supplier recommendation to ensure user spend is channeled through preferred suppliers

  • Price discrepancy identification
    Flag price discrepancies by leveraging contract and pricing terms & conditions in combination with historical data

 

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Nia Tail Spend Management

Nia Tail Spend Management significantly reduces time and effort needed for the tail spend sourcing process, and enables communication...


 

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