Tools and intelligence to augment existing investments & maximize savings

Savings Optimization Platform

View a Diagram of the Tools and Technology Infrastructure

Driving cost reductions across your organization requires a combination of expertise, proven practices and leading tools. By working with ICG Commerce you benefit from our powerful suite of proprietary sourcing databases and technologies and a transaction-processing infrastructure, which together optimize the entire source-to-pay process. We provide our clients with tools to augment their existing eProcurement/eSourcing /ERP platform and to provide additional transactional efficiencies.

Opportunity Analysis Tools:

Tools to help clients accurately categorize spend, identify opportunities to reduce spending and track trends to develop optimal sourcing wave plans and programs.

• Spend, Savings and Compliance Dashboard
• Category Spend Intelligence and Benchmarks
• Market/Supplier Pricing Intelligence and Benchmarks

Sourcing Optimization Tools:

In order to help clients identify more savings in less time, ICG Commerce specialists leverage these tools to rapidly develop baselines and sourcing strategies, execute sourcing events and evaluate award scenarios.

Examples of Sourcing Optimization Tools:

• Data Normalization and Baselining Engine
• Category Specific Cost Modeling Tools
• eRFX / Auction / Optimization
• Category Optimization Platform:
  • MRO
  • Direct Materials
  • Travel / Air

Transaction Management Tools:

We have developed a number of tools to automate and streamline the req-to-check process and enhance the functionality of our customers existing procurement technologies. These tools eliminate many of the manual activities that still exist in most company's req-to-check processes, reduce the cycle time and increase accuracy of exception processing and improve end-user customer satisfaction.

Examples of Transaction Management Tools:

• MRP-PO Conversion Engine
• eProcurement / Requisitioning Tools
• Order Workflow / Approval Engine
• Open Order / Issue management Platform
• Invoice Reconciliation Workflow

Category Management Tools:

Tools to help clients accurately categorize spend, identify opportunities to reduce spending and track trends to develop optimal sourcing wave plans and programs.

Category Management Tools:

• Contract Management Platform and Terms Database
• Category Management Workbench
• Price Audit Platform
• Supplier score carding and tracking engine
• Spend, Savings and Compliance Reporting Engine

Flexible, innovative solutions drive better, more measurable results.

Whether you leverage our entire suite of tools or a combination of yours and ours, we ensure tools are well utilized and deliver the following:

• Better, faster sourcing decisions
• High-quality content and transaction quality
• Higher compliance
• Detailed visibility into spending and supplier performance

If your company has already made an investment in eSourcing, eProcurement or ERP solutions, such as Ariba or SAP, to help you manage the procurement life cycle, our services can help you accelerate the ROI on your existing investment. Everyday we provide services across a multitude of platforms for our customers.

View a Diagram of the Tools and Technology Infrastructure