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Description
Freqens’ AI-driven technology transforms software expenditures into valuable savings by focusing on renewal detection, market benchmarks, vendor satisfaction, and dependable alternatives.
Essential Features
- Subscriptions: Stay ahead of renegotiations with our AI system that automatically identifies critical deadlines in supplier contracts and notifies the appropriate personnel at just the right moment.
- Reviews: Gather insights on supplier satisfaction directly from the teams that interact with them, ensuring feedback is relevant and actionable.
- Alternatives: Instantly discover the most suitable alternative suppliers using reliable market data and current industry trends with just one click.
- Benchmarks: Access real-time market pricing derived from anonymized transactions, scrutinize each line item, and reveal concealed costs down to the SKU level.
Advantages
- Achieve savings of up to 45% on your software acquisitions.
- With Freqens technology, every software expense is leveraged as an opportunity for savings, enabling organizations to optimize their budgets effectively.
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
Screenshots View All
No images available
Integrations
No details available.
Integrations
No details available.
Pricing Details
900€/month
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
Freqens
Founded
2024
Country
France
Website
www.freqens.com
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
