ProcureEdge is a state of the art technology solution powered by ready to deploy AI/ML algorithms, intuitive user journeys, and preset improvement opportunities, with linkages back to your core procurement systems. ProcureEdge can then actionize these opportunities, addressing this gap in current procurement technology solutions.
In other words, be it a CPO, procurement manager, category manager or a category analyst, ProcureEdge addresses the stakeholder needs and enables them to contribute towards broader procurement goals of cost optimization, risk moderation, compliance, supplier performance and more.
Procurement is increasingly evolving from a support function to a key strategy enabler. To succeed in this transformation, procurement leaders place certain key asks on their ecosystem.
CPOs believe risk management will play key role in the next 12 months
Have limited visibility beyond Tier 1 Suppliers
Agree that procurement will need to be more agile to repond to market changes
Say that Cost reduction is their top priority
With an an increasingly complex ecosystem of technology, suppliers and market information, Procurement Leaders have to tackle certain challenges to meet the rising expectations.
With ready to deploy AI/ML Solution , intuitive user journeys, and preset improvement opportunities for functions across your Procurement organization.
|AI driven Insights|
|AI driven Insights||Opportunity Mgmt.|
Supplier Risk and Performance Management
Download this flipbook to hear from experts at FinXEdge discuss the strategies and tactics needed to be resilient against credit losses and increase collections ROI, in the short, medium and long-term
Data Harmonization addresses these challenges by contextualizing external business data for each enterprise and making it insight-ready, by leveraging automation and machine learning techniques.
Trade Promotion Effectiveness is driven by more sophisticated causal analytics, differentiating it from other solutions that have heavy bias towards forecasting.
It enables brands/companies to gain insights into its procurement spend, spend classification, category management, optimizing procurement spend, performing demand forecasting, planning budget, improv