Computer software enabling procurement departments to analyze, manage and create standards around their sourcing processes; computer software for the analysis of existing commodity spend data from internal systems so organizations can understand opportunities for cost reductions and supplier/partner improvements; computer software for the analysis, creation, publishing, and evaluation of request for proposal/quote/information (RFP/RFQ/FRI), which are responded to by their suppliers; computer software for publishing, conducting, and evaluation of on-line auctions; computer software for creating, negotiating and binding of contracts; computer software for the automation of post-bind contract compliance which takes data from enterprise resources planning (ERP) systems and actively compares it to existing contracts for internal auditing; computer software for collecting supplier data from compliance, internal surveying, and data to "scorecard" supplier performance, as well as to measure against internal key performance indicators (KPIs)
Electrical and Scientific Apparatus