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What is Freqens?

Freqens utilizes advanced AI technology to convert software spending into significant savings by emphasizing the detection of renewals, evaluating market benchmarks, assessing vendor satisfaction, and identifying reliable alternatives. Key Features - Subscriptions: Our AI system proactively manages renegotiations by pinpointing essential deadlines within supplier contracts and alerting the relevant personnel at the perfect time. - Reviews: Collect valuable feedback on supplier satisfaction from the teams that engage with them, ensuring that the insights gathered are both pertinent and actionable. - Alternatives: Easily identify the best alternative suppliers by accessing trustworthy market data and recognizing current industry trends with a simple click. - Benchmarks: Gain insights into real-time market pricing derived from anonymized transactions, enabling you to analyze each line item and uncover hidden costs down to the SKU level. Benefits - Realize savings of up to 45% on software purchases. - With Freqens’ innovative technology, every software expenditure is transformed into a chance for savings, allowing organizations to enhance their budgeting strategies and financial efficiency. This approach not only optimizes spending but also empowers businesses to make informed decisions regarding their software investments.

What is Arkestro?

Enjoy a seamless sourcing experience that eliminates the necessity for logins or apps, as our platform facilitates one-click sourcing events that are sent straight to your suppliers' inboxes, complemented by real-time predictive insights. Our versatile data model caters to all spending categories, enabling users to source products similarly to how they would in Excel, while also leveraging the advanced features of Arkestro. The predictive anomaly detection function proactively spots and corrects mistakes before they advance to the procurement phase, thereby improving both accuracy and efficiency. Role-based access streamlines project management for sourcing events, guaranteeing that all relevant parties receive prompt updates. By examining supplier behavior, Arkestro fine-tunes sourcing cycles, leading to shorter event durations. Our efficient email-based workflow generates a variety of award scenarios, suitable for sourcing events of any scale or complexity. Supplier quotes frequently suffer from inaccuracies due to data entry and copy-paste errors, complicating the tracking of sourcing processes that often rely on numerous pivot tables. Moreover, new sourcing cycles typically neglect to apply insights from previous supplier quotes, resulting in repeated errors. With our cutting-edge pricing simulator, you can swiftly gather recommendations for your suppliers, motivating them to modify and resubmit their bids for improved results. This holistic strategy not only reduces errors but also significantly boosts overall sourcing efficiency, making the process smoother for all involved. Ultimately, this innovative approach positions you to achieve better financial outcomes while fostering stronger supplier relationships.

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Integrations Supported

Ariba Network
Coupa
GEP Quantum Intelligence
JAGGAER One
Microsoft Excel
Zycus Procure-to-Pay

Integrations Supported

Ariba Network
Coupa
GEP Quantum Intelligence
JAGGAER One
Microsoft Excel
Zycus Procure-to-Pay

API Availability

Has API

API Availability

Has API

Pricing Information

900€/month
Free Trial Offered?
Free Version

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

Freqens

Date Founded

2024

Company Location

France

Company Website

www.freqens.com

Company Facts

Organization Name

Arkestro

Date Founded

2016

Company Location

United States

Company Website

arkestro.com

Categories and 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

Categories and 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

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