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What is Ravacan?

Spend Intelligence provides a contemporary solution that is based on concrete data rather than personal opinions. Are you struggling with an unorganized direct sourcing process that consumes too much of your valuable time? Do you find managing BOM data, price changes, and tooling cumbersome due to a web of spreadsheets and emails? Ravacan simplifies and automates the direct sourcing workflow via a cohesive analytics and collaboration platform, enabling you to focus on impactful strategies. It establishes a centralized database containing part numbers, pricing information, lead times, and supplier details, which enhances efficiency. Moreover, Ravacan integrates effortlessly with your existing systems. Let the software take care of tedious data analysis and send automatic alerts and notifications for you. With immediate insights at your fingertips, you can enjoy cost reductions, maintain a reliable supply chain, and encourage innovation. Leverage advanced algorithms that produce actionable insights, allowing you to address key strategic inquiries effectively. Additionally, benefit from proactive recommendations that not only boost your profit margins but also reduce the need for extensive data scrutiny. This state-of-the-art platform not only saves you significant time but also equips you with the knowledge necessary to make informed decisions that lead to your success, ultimately transforming how you approach sourcing challenges.

What is CoreTrust Experience Platform (CXP)?

CXP is a free and intuitive digital procurement platform that empowers businesses to gain comprehensive control and oversight of their indirect spending by enabling secure data uploads and providing detailed insights, benchmarking tools, and access to over 125 pre-negotiated supplier contracts. The platform enhances "total spend visibility" through thorough analyses of spending reported by suppliers, projected costs, and identifying possible hidden savings, while also delivering customized, data-driven recommendations to optimize sourcing in emerging categories and maintain alignment with industry standards and peer benchmarks. Users can navigate a catalog of validated contracts, allowing them to start realizing savings without facing the complexities of layered sourcing tiers or unforeseen costs. With no membership fees required, this platform seeks to improve procurement processes by making it easier for organizations to leverage large-scale purchasing power, thereby helping them reduce expenses and streamline procurement activities via a centralized self-service dashboard for spend analytics. This feature-rich approach positions CXP as a pivotal resource for organizations aiming to innovate their procurement strategies and enhance overall operational efficiency, while also encouraging smarter spending practices. Ultimately, CXP stands out as a vital ally for businesses striving to modernize and optimize their procurement functions.

Media

Media

Integrations Supported

Arena PLM
SAP ERP

Integrations Supported

Arena PLM
SAP ERP

API Availability

Has API

API Availability

Has API

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Pricing Information

Free
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

Ravacan

Date Founded

2019

Company Location

United States

Company Website

www.ravacan.com

Company Facts

Organization Name

CoreTrust Experience Platform (CXP)

Date Founded

2006

Company Location

United States

Company Website

www.coretrustpg.com/solutions/CXP

Categories and Features

Demand Planning

Capacity Planning
Data Visualization
Historical Reporting
Inventory Optimization
Planned vs Actual Tracking
Product Introduction Planning
Promotions Management
Replenishment Management
Sales Forecasting
Supply Forecasting

Spend Management

Approval Workflow
Budgeting / Forecasting
Expense Tracking
Multi-Currency
Prepaid Cards
Procurement Management
Receipt Management
Spend Analysis
Spend Control
Supplier Management

Categories and Features

Spend Management

Approval Workflow
Budgeting / Forecasting
Expense Tracking
Multi-Currency
Prepaid Cards
Procurement Management
Receipt Management
Spend Analysis
Spend Control
Supplier Management

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