Providing an easy-to-use and frictionless user experience which in turn results in enterprise-wide adoption. Digitizing your procurement data which enables spend leakage – e.g., surprises from automatic contract renewals. Raindrop delivers futuristic capabilities to your enterprise by – Providing market intelligence on commodity acquisition cost Providing templates to manage specific commodities – Contingent Workforce, SaaS, etc. Replace labor costs with technology system capabilities Spend more time on business activities rather than dealing with system issuesįunctionality, Usability, and Adoption - Traditional systems are transactionally focused, resulting in limited adoption, and potential for spend leakage between multiple systems used to fulfill business processes. With Raindrop, customers can – Replace and/or consolidate their legacy systems resulting in reduced technology cost of ownership. By providing predictive capabilities via artificial intelligence (AI) and machine learning (ML) to reduce your overall spend. By providing visibility into commodity consumption, recover costs from under-utilized commodities, and contain costs prior to over-consumption. Raindrop enables you to plan by providing a unified view into your global enterprise spend – To plan various scenarios such as mergers & acquisitions, annual operating plan, growth, and more. ![]() Spend Visibility, Planning, and Operations - Data may be fragmented across multiple systems and regions, and not providing the needed information for planning. Raindrop contains spend leakage through digitization capabilities which provide enterprises – Market intelligence on commodity acquisition cost Notifications to avoid being surprised by automatic and unexpected contract renewals Insights to get cost relief from under-utilized commodities and contain costs prior to over-consumption. Spend leakage - Traditional systems are transactionally focused and have potential for spend leakage between multiple systems used to fulfill business processes. Lowering the ongoing investment needed to care and feed the system. Using systems capabilities to lower their Procurement services delivery costs. With Raindrop, customers reduce their cost of ownership by – Replacing and/or consolidating their legacy systems, resulting in lower systems spend. While delivering predictive capabilities through machine learning which identifies savings opportunities.Ĭost of ownership - Traditional Procurement tools are complex, not easy to integrate to existing systems, and are labor intensive to implement and maintain. For planning various scenarios such as mergers & acquisitions, annual operating plan, growth, and more. Raindrop enables you to plan by providing a unified view into your global enterprise spend – Across different regions, currency types, suppliers, commodities, and more. Spend Visibility, Planning, and Operations - Your spend data may be fragmented across multiple systems and regions, and not providing the needed information for planning. Raindrop is designed to address the usability, cost, and time to value challenges faced by mid-market companies by – Enabling you to realize value instantly via rapid deployment A simple and easy to use interface requiring minimal training, increasing user adoption Freeing up time maintaining systems to focus on your core business activities Traditional Procurement software solutions are costly, take a long time to implement and maintain, and are challenged with user adoption. Solution Fit - most existing solutions do not cater to mid-market needs. Meeting all of your information security requirements. Raindrop provides the visibility and tools required to increase adoption of your procurement processes and minimize risk by- Providing a user experience needed for you to do your business your way, all centered on increasing user adoption Providing the tools needed to address your compliance issues while minimizing risk. Risk and Compliance - You want a solution which minimizes the change management required for your users to adhere to your procurement processes and policies. ![]() One single system which scales as your enterprise grows Provides all the necessary functionality as you scale up your business ![]() Raindrop provides all the functionality needed to manage your spend while fulfilling your procurement business processes. Spend Management - you haven’t yet acquired, or do not currently have the necessary tools required to manage your spend.
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