PORTALS
Self-Service for third parties
WORKFLOW
Coordinate across multiple stakeholder groups e.g., risk-based routing, task queues, reminders
RPA
Automate repetitive work e.g., Intelligent decision workflows, lookup multiple data sources, create PDF reports
AI
Understand large data sets, real time extraction & analysis e.g., automatic red flags for fraud, reputation, etc.
BLOCKCHAIN
Coordinate across enterprises e.g., supplier enter data once and share with multiple clients
Develop a knowledge graph comprised of millions of data points. Using this ever-expanding set of data, analyze information throughout the lifecycle of every procurement opportunity which leads to precise scoping and matching for your exact needs.
Actively analyze your answers as you fill out your opportunity details, extracting key points of information to better hone the scope of your project, facilitating more relevant questions every step of the way.
By the time you’ve finished defining your opportunity details, solution already found relevant and qualified suppliers for your project. And using supplier comparison tool, measure vetted recommendations against your current network of suppliers to find the best supplier for your project
Using machine learning algorithms to automatically detect and surface insights relevant to Procurement. For example, unexpected changes in purchase prices for a commodity or from a specific supplier.
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