Name: FactWise
Author: FactWise

Help Desk

Web and Video Conferencing

Customer Support

Chatbot

Text Editors

Development

Business Intelligence (BI)

Business Process Management (BPM)

Collaboration

Enterprise Asset Management

Facility Management

PDF Editors

Enterprise

Accounting

Anti-Money Laundering (AML)

Cryptocurrency Wallets

Financial Risk Management

Hedge Fund

Spend Management

Finance and Accounting

Applicant Tracking

Corporate Learning Management

HR Management

On-Demand Payment

Payroll

Resume Parsing

Talent Intelligence

Talent Management

Workforce Analytics

Workforce Management

eLearning Content

Human Resources

3D Printers

Application Virtualization

Change Management

Cloud Storage

Complex Event Processing

Component Content Management

Data Governance

Data Pipeline

Density-Optimized Servers

Disk Based Backup

Fraud Detection

IT Professional Services

Integration Platform as a Service (iPaaS)

Mainframe Monitoring

Managed File Transfer (MFT)

Metadata Management

Network Performance Monitoring

OpenStack Cloud

Product Implementation Services

Test Management

Vulnerability Management

Information Technology

A/B Testing

Ad Serving & Retargeting

All-in-One Marketing

Call Tracking

Channel Management

Content Management

Contest Management

Email Marketing

Marketing Automation

Personalization Engines

Product Management

Referral Marketing

Search Marketing Intelligence

Social Media Management

Survey & Forms Building

Web Analytics

Marketing

Project Management

Transcription

Professional Services

Customer Relationship Management (CRM)

Sales Forecasting

Sales

Certificate Lifecycle Management

Security

Car Rental

Catering

Construction Accounting

Multiple Listing Service (MLS)

Online Fax

Vertical-Specific

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FactWise is a procurement platform designed to streamline and optimize procurement for product manufacturing companies. The software allows users to manage batch production, goods receival workflows, quality checks, and even AI-powered negotiations with ease. With customizable analytics and visually rich interfaces such as heat maps and graphs, FactWise provides dynamic insights into supplier performance that helps teams negotiate win-win outcomes.

One of the standout features of FactWise is its ability to allow end-to-end goods verification in under a minute followed by unlimited quality checks and easy stakeholder updates. This feature ensures that all stakeholders have access to real-time information about the status of goods being procured. Additionally, FactWise offers seamless payments via automated three-way matching reducing errors while ensuring accurate DPOs - this includes smart notifications for due payments.

FactWise has become a go-to procurement tool not just for global product manufacturing companies but also private equities who seek to transform their procurement organization through analytics and automation. Overall, the platform aims to provide an intuitive experience that makes it easy for businesses to procure what they need efficiently while optimizing TCO (total cost of ownership) by identifying suitable vendors using historic vendor performance data obtained from the system's smart filters.

SAP S/4HANA Cloud

Simple plan

ProcurementExpress.com

FactWise

Procurement software automates the process of purchasing materials and replenishing inventory. Central to it is electronic purchase ordering and approvals, as well as invoicing and bill payment. The software includes vendor management for competitive pricing and service and vendor follow-ups. Procurement is an essential component of supply chain management and may be available via supply chain management suites.

Procurement

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FactWise

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What is FactWise?