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Description
Bonfire serves as an advanced sourcing enablement platform aimed at empowering contemporary procurement teams to enhance their purchasing capabilities and operational efficiency through improved collaboration and informed decision-making. This tool supports sourcing teams at every stage, from the initiation of projects and thorough data gathering to strategic assessment, optimization, e-auctions, and the monitoring of key performance indicators and insights. It is designed to cater to both businesses and enterprises, in addition to serving the needs of the public sector. Moreover, Bonfire's comprehensive features ensure that organizations can streamline their procurement processes effectively.
Description
Utilize artificial intelligence alongside your data to enhance decision-making in your supply chain. Top-tier organizations consistently rely on data-driven strategies to optimize growth, boost efficiency, and achieve cost reductions. By adopting a Data-Driven Decision Making approach, you can consolidate fragmented and isolated data from across your organization and supply chain into a unified platform, facilitating real-time decision-making. Furthermore, by assessing Supplier and Product Scores, you can create and evaluate both quantitative and qualitative metrics for every product and supplier in your supply chain, uncovering significant opportunities for cost savings over time. Tailored Marketplaces can be instrumental in driving revenue growth, broadening customer demographics, enhancing retention rates, and fortifying strategic sourcing, all customized to fit your specific industry and requirements. Additionally, leveraging Enterprise AI for Procurement allows you to anticipate failures, end-of-life situations, and necessary replacements, which aids in forecasting sourcing and purchasing necessities while enabling smarter procurement practices. With LVRG, you can rapidly enhance your understanding of data, leading to more informed decisions and strategies. By embracing these innovative approaches, your organization can thrive in a competitive landscape.
API Access
Has API
API Access
Has API
Integrations
Kluster
Neon Fundraise
Pricing Details
No price information available.
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
Bonfire
Founded
2012
Country
Canada
Website
GoBonfire.com
Vendor Details
Company Name
LVRG
Country
United States
Website
www.lvrg.ai
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
Sourcing
Auction Management
Budget Management
Collaboration
Global Sourcing Management
Rfx Management
Spend Management
Supplier Management
Supplier Qualification
Supplier Risk Management
Supplier Web Portal
Template Management
Product Features
Sourcing
Auction Management
Budget Management
Collaboration
Global Sourcing Management
Rfx Management
Spend Management
Supplier Management
Supplier Qualification
Supplier Risk Management
Supplier Web Portal
Template Management