No more consolidating and cleaning data from disparate sources.
Business Health Monitoring
Evaluate the health of your business and compare your strategies to competitors. iTradeNetwork provides insight into which products and categories are moving the highest volume and have the best prices compared to the market average.
iTrade also provides procurement trends across the industry. In such a competitive market, knowing which products are trending or experiencing the greatest changes in purchase rates can help you take advantage of market opportunities.
Ideally, all orders would follow the ‘happy path’. But short-ships and late deliveries happen.
Using exception-based workflows and a unique Insights Dashboard, iTrade notifies buyers and suppliers of problem orders automatically. Reduce time searching through orders to confirm what needs your attention, and take action where it is needed immediately.
Contract and Pricing Evaluation
Small pricing adjustments can have a big impact on your bottom line. iTrade goes beyond traditional pricing data sources to create responsive pricing metrics based on a buyer’s size and how much of a commodity they buy.
For suppliers, iTrade doesn’t just collect rates, we measure opportunities.
And this is just a taste of what iTrade’s analytics can do…