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Average Ratings 0 Ratings

Total
ease
features
design
support

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Write a Review

Description

CXP is a user-friendly and complimentary digital procurement platform designed to offer organizations complete oversight and management of their indirect expenditures by allowing them to securely upload their data and view comprehensive insights, benchmarking resources, and access to more than 125 pre-negotiated supplier agreements. The platform facilitates "total spend visibility" by providing in-depth analyses of supplier-reported expenditures, anticipated costs, and potential hidden savings, while also offering tailored, data-driven suggestions for improving sourcing in new categories and ensuring alignment with industry standards and peer benchmarks. Users can easily explore a catalog of verified contracts and begin realizing savings without the complications of intricate sourcing tiers or unexpected fees. With no associated membership fees, this platform aims to enhance procurement processes by making large-scale purchasing power more accessible, assisting organizations in lowering expenses and streamlining procurement operations through a centralized self-service dashboard for spend analytics. This makes CXP an essential tool for organizations looking to modernize their procurement strategies and achieve greater efficiency.

Description

Effective spend intelligence begins with high-quality spend data. However, many organizations face challenges due to their procurement data being scattered across various systems, each with its own inconsistent taxonomies and errors, leading to poor data quality. SpendHQ addresses these issues by optimizing all your spend data, regardless of its origin, and providing insights informed by procurement practices that enhance category management, ensure contract compliance, promote supplier diversity, and more. The process is remarkably straightforward: SpendHQ transforms your disorganized raw spend data through a premier spend optimization methodology, achieving a minimum of 97% spend categorization accuracy. Our cutting-edge data strategy utilizes AI and algorithm-driven analytics, leveraging insights from over $5 trillion in spend and 100 million distinct vendor records that we have meticulously categorized over the years. Developed and supported by procurement specialists, SpendHQ stands out as the sole spend intelligence platform equipped to deliver profound expertise, empowering you to uncover, maintain, validate, and harness your spend insights effectively. By prioritizing clarity and accuracy, SpendHQ enables organizations to make informed procurement decisions that drive significant value and efficiency.

API Access

Has API No 

API Access

Has API No 

Screenshots View All

Screenshots View All

Integrations

DitchCarbon No 

Integrations

DitchCarbon Yes 

Pricing Details

Free
Free Trial No 
Free Version Yes 

Pricing Details

No price information available.
Free Trial Yes 
Free Version No 

Deployment

Web-Based Yes 
On-Premises No 
iPhone App No 
iPad App No 
Android App No 
Windows No 
Mac No 
Linux No 
Chromebook No 

Deployment

Web-Based Yes 
On-Premises No 
iPhone App Yes 
iPad App Yes 
Android App Yes 
Windows No 
Mac No 
Linux No 
Chromebook No 

Customer Support

Business Hours Yes 
Live Rep (24/7) Yes 
Online Support Yes 

Customer Support

Business Hours Yes 
Live Rep (24/7) No 
Online Support Yes 

Types of Training

Training Docs Yes 
Webinars No 
Live Training (Online) Yes 
In Person Yes 

Types of Training

Training Docs Yes 
Webinars No 
Live Training (Online) Yes 
In Person No 

Vendor Details

Company Name

CoreTrust Experience Platform (CXP)

Founded

2006

Country

United States

Website

www.coretrustpg.com/solutions/CXP

Vendor Details

Company Name

SpendHQ

Founded

2008

Country

United States

Website

www.spendhq.com

Product Features

Spend Management

Approval Workflow No 
Budgeting / Forecasting No 
Expense Tracking No 
Multi-Currency No 
Prepaid Cards No 
Procurement Management No 
Receipt Management No 
Spend Analysis No 
Spend Control No 
Supplier Management No 

Product Features

Procurement

Asset Management Yes 
Auction Management No 
Bid Management No 
Budget Management No 
Catalog Management No 
Contract Management Yes 
Inventory Management No 
Invoice Processing No 
PunchOut No 
Purchase Order Management No 
Receiving No 
Requisitions & Approvals No 
Sourcing Management Yes 
Spend Management Yes 
Supplier Management Yes 

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Alternatives

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