In order to ensure the best possible deals are being negotiated with suppliers, it is important to leverage both dynamic and historic insights to inform the process. To ensure these insights are as accurate as possible, key performance metrics should be taken into consideration. Additionally, it is important to discover new suppliers who offer competitive pricing, as well as are certified to meet the quality requirements of the organization. This plan also calls to increase volume to preferred suppliers by 80%, as well as limit maverick spend and maintain organization-wide transparency. Implementing these steps will help to ensure the organization is able to negotiate the best possible deals with suppliers.
Pricing
SW Score Breakdown
Platforms Supported
Organization Types Supported
API Support
Modes of Support
Spend Analytics
Provides complete visibility into your spend by gathering your spend data and purchasing trendsMatching
Facility to perform three-way matching and five-way matching like AP invoices with requisitions, POs, contracts, and paymentsFinancial Reporting
Ability to track spending against budgets and create standard and ad hoc reports of contract statusPurchase Order
Helps to create and manage purchase order documents for ordering goods and servicesPurchase Requisition
Helps to raise a PR and define requisition rules for various types of procurementApp Integrations
Allows integrations with third-party tools like Google Drive and SalesforcePayments
Enables payment collection from the visitors via popular payment gatewaysSupplier Management
Helps in automating, monitoring and managing a company's supplier lifecycle like pre-contract tasks, post-contract ones, etcOrder Management
Helps tracking, monitoring, supervising, and meeting deadlines concerning ordered goods in an automated and systematic wayCompliance Management
Helps in making an assessment of risks, ensures policy comprehension and that policies/procedures are being followedFree Trial
Not available
Pricing Options
Premium Plans ( Quotation Based )
Pricing Plans
FactWise Custom
Features
Disclaimer: The pricing details were last updated on 23/10/2022 from the vendor website and may be different from actual. Please confirm with the vendor website before purchasing.
Learn more about FactWise Pricing.
75% SW Score The SW Score ranks the products within a particular category on a variety of parameters, to provide a definite ranking system. Read more
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95% SW Score The SW Score ranks the products within a particular category on a variety of parameters, to provide a definite ranking system. Read more
72% SW Score The SW Score ranks the products within a particular category on a variety of parameters, to provide a definite ranking system. Read more
89% SW Score The SW Score ranks the products within a particular category on a variety of parameters, to provide a definite ranking system. Read more
98% SW Score The SW Score ranks the products within a particular category on a variety of parameters, to provide a definite ranking system. Read more
What is FactWise used for?
FactWise is Procure to Pay Software. FactWise offers the following functionalities:
Learn more about FactWise features.
What are the top alternatives for FactWise?
Here`s a list of the best alternatives for FactWise:
Does FactWise provide API?
No, FactWise does not provide API.
Vendor Details
New York, New YorkContact Details
Not available
https://factwise.io/
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