PRGX SpendTrax™

New! PRGX SpendTrax™ V3 available now
Procurement professionals today are under increasing pressure to identify and deliver savings, increase efficiency, enhance operational control, and track organization-wide spending.
But today’s procurement is performed by buyers spread around the globe, across multiple business units, using disparate purchasing and payment systems. So getting visibility into actual spend, and managing this spend after sourcing, has become a challenge for many large organizations - and made it difficult to control costs.
PRGX SpendTrax, our web-based, hassle free Software as a Service (SaaS) solution, helps procurement executives better understand and manage their spend. PRGX SpendTrax is comprised of three modules:
- Spend Analysis provides these procurement professionals with visibility at the item-level across systems, functions and divisions - both domestic and international - enabling them to improve sourcing decisions and lower purchasing costs.
- Supplier Management provides a single view of each supplier, and an extensive range of analytics and functions to support collaboration & knowledge sharing through the organization resulting in better control over the supply base, reduced operational risk and better purchasing and finance processes.
- Contract Management covers the process of recording and maintaining a contract throughout its life cycle. When integrated with the Spend Analysis module at a detailed level, PRGX SpendTrax provides the ability to monitor contract compliance.
Find out more about all of the latest tools in PRGX SpendTrax™ V3
With PRGX SpendTrax, procurement professionals benefits from improved spend visibility and purchasing leverage, enhanced governance and control, and tailored metrics to monitor performance.
