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Description
Managing multiple tasks can be overwhelming; instead, why not focus on just one? By applying the 80/20 principle effectively, you can streamline operations to your advantage. Fringe empowers you to establish rules that enhance actions and visibility throughout your organization, allowing for intelligent tracking of results and cost management. Transform the issue of 'spend-undermanagement' into a source of profit. Utilize real-time insights into your indirect spending—which often constitutes around half of total expenditures—to minimize unexpected costs. Concentrate your efforts, time, and strategic focus on the significant spending categories and key suppliers to generate genuine value in both resources and finances. Take advantage of your current technology to effortlessly capture, assess, analyze, and report data that aids in optimizing your supply chain. Choose to work with suppliers you prefer, rather than being restricted to a pre-selected group with whom you lack a personal connection. This approach is far less costly and burdensome than traditional procurement software solutions that can often be outdated and inefficient. In this way, you can not only enhance operational efficiency but also foster stronger relationships with your chosen suppliers.
Description
The Promitea Platform facilitates the digital transformation of purchasing through robust Supplier Relationship Management (SRM), enhancing sustainable partnerships between companies and their suppliers via a comprehensive multi-criteria evaluation and development process. Additionally, it streamlines sourcing by optimizing direct spending on leveraged goods through electronic tenders and auctions conducted in English, Dutch, and Japanese. The platform also enables catalog-based procurement where automatic workflows based on catalog and established rules significantly reduce material and process costs through structured approvals and budget oversight. By utilizing the Promitea Cloud platform, both large corporations and small to medium-sized enterprises can achieve a comprehensive digital transformation of their entire procurement processes. Given that procurement typically accounts for at least 50% of a company's total expenses, Promitea effectively reduces these costs by over 10%, with an impressive project ROI exceeding 500%. Furthermore, this transformation can be accomplished without the need for any investment in new hardware or software, utilizing existing staff and avoiding costly consulting services, making it an efficient solution for organizations looking to enhance their procurement strategies.
API Access
Has API
API Access
Has API
Integrations
No details available.
Pricing Details
No price information available.
Free Trial
Free Version
Pricing Details
No price information available.
Free Trial
Free Version
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Vendor Details
Company Name
Logicore
Founded
2013
Country
New Zealand
Website
www.logicore.co.nz/
Vendor Details
Company Name
APITEA Technologies
Founded
2014
Country
Czech Republic
Website
www.promitea.com
Product Features
Procurement
Asset Management
Auction Management
Bid Management
Budget Management
Catalog Management
Contract Management
Inventory Management
Invoice Processing
PunchOut
Purchase Order Management
Receiving
Requisitions & Approvals
Sourcing Management
Spend Management
Supplier Management
Product Features
Procurement
Asset Management
Auction Management
Bid Management
Budget Management
Catalog Management
Contract Management
Inventory Management
Invoice Processing
PunchOut
Purchase Order Management
Receiving
Requisitions & Approvals
Sourcing Management
Spend Management
Supplier Management