PRGX SpendTrax™ V3, our latest release, is a giant leap towards empowering clients with new insights and savings opportunities. We have listened to our clients to understand the needs of procurement teams and have created a truly advanced version of an already established analytical product.

As an intuitive and easy to use software-as-a-service, or “SaaS” application, the new version of PRGX SpendTrax™ provides a holistic overview of a company’s spend.  Spend visibility is provided through enhanced graphical views, savings are pinpointed with the new Opportunity Analysis dashboard, compliance is tracked using the innovative Spend Under Management functionality and advanced reporting includes risk monitoring across procurement and payables.

In short, PRGX SpendTrax™ equips procurement teams with a road-map for significant value generation through better buying, compliance and process improvement.
   
• Savings opportunity analysis, dedicated report area focused on a range of savings potential - including price variances and vendor rationalization opportunities.

   
• Real-time ‘spend under management’ functionality, which assigns specific users to specific categories and allows compliance to be measured and compared.

   
• Key performance indicators (KPIs) that can be monitored on user-friendly dashboards or report generation.

   
• A fresh graphical user interface for easier navigation,  faster access to key information and dedicated sections on savings potential.

   
• Advanced and intelligent search options with instant access to key information through built in category assignations.

   
• Spend Risk Monitoring enables accurate reporting to identify higher risk categories and monitor suppliers.

 

To get a further insight of PRGX SpendTrax™, contact us for a full demo.