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Home > Business Applications > Nia Tail Spend Management

Key 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-population of 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

Key Benefits

  • Demand aggregation

  • Supplier consolidation

  • Improved collaboration & efficiency

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