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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 Brightfield TDX?

TDX products have a proven track record of delivering immediate cost savings at an enterprise level, effectively simplifying data-heavy processes that were once slow, laborious, or impractical. They offer comprehensive, skill-based market rate benchmarks that help set consistent budgeting and contracting norms with vendors and business partners. Rate cards can now be modified in mere seconds instead of taking weeks, which includes projecting potential savings outcomes. By providing insights on what costs should be, organizations are better positioned to negotiate and lower resource rates for SOW contracts. Users have the capability to upload multiple SOW documents to uncover transactions that may harbor hidden premiums, such as misclassifications in staff augmentation roles. Furthermore, there is a constantly updated inventory that tracks both identified and realized savings across all SOW and CW saving possibilities. The time efficiency is significantly enhanced through the automatic creation of supplier scorecards, which supports continuous performance management rather than confining it to a once-a-year assessment. This strategy not only enhances operational efficiency but also equips organizations to swiftly respond to evolving financial conditions, fostering a more agile business environment. Ultimately, TDX products empower companies to make informed decisions that drive sustained financial health.

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Integrations Supported

Additional information not provided

Integrations Supported

Additional information not provided

API Availability

API Availability

Pricing Information

900€/month

Pricing Information

Pricing not provided

Supported Platforms

SaaS

Supported Platforms

SaaS

Customer Service / Support

Web-Based Support

Customer Service / Support

Standard Support
Web-Based Support

Training Options

Documentation Hub

Training Options

Documentation Hub
On-Site Training

Company Facts

Organization Name

Freqens

Date Founded

2024

Company Location

France

Company Website

www.freqens.com

Company Facts

Organization Name

Brightfield

Company Location

United States

Company Website

www.brightfield.com/products

Categories and Features

Procurement

Not specified

Categories and Features

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