For procurement, the pressure to deliver savings, mitigate risk and improve supplier performance requires a new approach.
Organisations using RAPid’s suite are witnessing faster cost savings, quicker ROI, and lower total cost of ownership when compared to competitors and other solutions that are slow to deploy and expensive.
Our RAPid platform is the fastest way to deliver new sources of procurement value and improve supplier performance. An intelligent service, able to extract, load, enrich and categorize data with zero-touch, able to reach across ALL data repositories (ERPs) and has unmatched access to enrichment and automated categorisation (through integrated AI, rules engines and cognitive understanding). Providing increased confidence, better insight, earlier action, increased value and a single version of the truth.
Award-winning procurement solutions that enable you to address specific business priorities; from cost savings and contract compliance to managing supplier performance throughout the vendor lifecycle. Our solutions can be used as standalone apps or integrated to provide a comprehensive, 360° visibility into your activities.
Enabling businesses to automatically aggregate, improve and organise both structured and unstructured data. So, all sources of business intelligence are synchronised and standardised, providing a single version of the truth.
Automate the manual elements of your supplier onboarding process to build a consistent, up-to-date supplier database you can trust.
A secure contract repository that helps you quickly find the exact clause you need, create approvals workflows and get notified when it's time for renewal.
Access best-practice scorecards, monitor KPIs and review relationship status to add value, reduce costs and minimise the risks associated with supplier management.
An international logistics company created $40 million in working capital by standardising supplier payment terms.
A global mining conglomerate realised $100 million in savings from improved cash flow and updated processes, in just six weeks.
A multinational services company generated $80 million in savings in the first year from improved data quality across suppliers, spend and payment data.
A UK workforce company delivered $3.15 million savings in one year with improved spend visibility.
Download our free guide - 'Taking control of spend data management and analytics without bothering IT.'