Average Ratings 0 Ratings
Average Ratings 0 Ratings
Description
CXP is a user-friendly and complimentary digital procurement platform designed to offer organizations complete oversight and management of their indirect expenditures by allowing them to securely upload their data and view comprehensive insights, benchmarking resources, and access to more than 125 pre-negotiated supplier agreements. The platform facilitates "total spend visibility" by providing in-depth analyses of supplier-reported expenditures, anticipated costs, and potential hidden savings, while also offering tailored, data-driven suggestions for improving sourcing in new categories and ensuring alignment with industry standards and peer benchmarks. Users can easily explore a catalog of verified contracts and begin realizing savings without the complications of intricate sourcing tiers or unexpected fees. With no associated membership fees, this platform aims to enhance procurement processes by making large-scale purchasing power more accessible, assisting organizations in lowering expenses and streamlining procurement operations through a centralized self-service dashboard for spend analytics. This makes CXP an essential tool for organizations looking to modernize their procurement strategies and achieve greater efficiency.
Description
Procurement serves as the main avenue through which organizations engage with their external business counterparts. As both supplier and buyer networks continue to grow in complexity, the technology employed to navigate these networks often relies on outdated applications and processes. While procurement teams excel in negotiating contracts, they frequently face challenges when it comes to their implementation. Traditionally, the functions of legal, procurement, supply chain, and finance have operated in a fragmented manner, optimizing their own internal processes without cohesive integration, which is further complicated by conventional ERP systems that cannot efficiently manage business rules and volume discounts across various divisions, subsidiaries, and partners. This increasing complexity in contract execution requirements leads to significant contract leakage for large organizations, creating a disparity between the savings that are negotiated and those that are ultimately realized. Consequently, organizations must reevaluate their procurement strategies to close this gap and enhance efficiency.
API Access
Has API
No
API Access
Has API
No
Integrations
No details available.
Integrations
No details available.
Pricing Details
Free
Free Trial
No
Free Version
Yes
Pricing Details
No price information available.
Free Trial
No
Free Version
No
Deployment
Web-Based
Yes
On-Premises
No
iPhone App
No
iPad App
No
Android App
No
Windows
No
Mac
No
Linux
No
Chromebook
No
Deployment
Web-Based
Yes
On-Premises
No
iPhone App
No
iPad App
No
Android App
No
Windows
No
Mac
No
Linux
No
Chromebook
No
Customer Support
Business Hours
Yes
Live Rep (24/7)
Yes
Online Support
Yes
Customer Support
Business Hours
No
Live Rep (24/7)
No
Online Support
Yes
Types of Training
Training Docs
Yes
Webinars
No
Live Training (Online)
Yes
In Person
Yes
Types of Training
Training Docs
Yes
Webinars
No
Live Training (Online)
No
In Person
No
Vendor Details
Company Name
CoreTrust Experience Platform (CXP)
Founded
2006
Country
United States
Website
www.coretrustpg.com/solutions/CXP
Vendor Details
Company Name
EY
Country
United Kingdom
Website
www.ey.com/en_us/blockchain-platforms/contract-manager
Product Features
Spend Management
Approval Workflow
No
Budgeting / Forecasting
No
Expense Tracking
No
Multi-Currency
No
Prepaid Cards
No
Procurement Management
No
Receipt Management
No
Spend Analysis
No
Spend Control
No
Supplier Management
No