We convert data into purchasing information to reflect and improve the performance of the freight purchasing function.
Most Service Providers that are available on Zendeq have created their sales profiles. In essence these are a detailed overviews of all capabilities and specialties they are able to offer.
At the same time Brands, Manufacturers, Wholesalers, Traders and (R)etailers can make their requirements known. To put is very simple; Zendeq then builds a match between capabilities and requirements and makes suggestion on which Service Providers are a good match to a Shipper conducting a search. Like Google, only far more detailed and specific and focused on transport, freight, warehousing and fulfilment services.
Our database enable sales and purchasing intelligence. Besides the purchasing/sales cycle we also support the operational execution of single shipments for which no rates are in place (yet).
Manage Spend and Reduce Cost
If you take a close look at all transport and freight budgets across your company, you’ll likely see a few areas where there’s overspending. Especially around expedite, unplanned, project and courier freight. These shipments do not occur very often, but have a tendency to cover a very large part of your overall budget. But who has the time to constantly monitor that?
Zendeq purchasing intelligence application gives you full visibility into main factors influencing your organization’s spending:
- # Quote Requests
- Pending Quotes
- Q&A status
- Shipments/freight booked
- Operational information
- Track&Trace, Information of Delivery, message board for real time communication
- Document Sharing
- # Inquiries
- Total Spend
- Total Savings
- Deliver more insights into your spend.
You can watch this unfold in real time on your Zendeq dashboard.
Purchasing intelligence through Zendeq could streamline the entire payment process, making late payments and the fees that come with them a thing of the past. When your payment process is automated, you are likely to save costs per transaction as well.
Zendeq purchasing intelligence identifies the cost in your company with non-compliant spend so you can tackle those issues and manage them. It also helps to keep your accountants happy.
Identify Fraud and Abuse
Financial and procurement professionals should never have to waste valuable time on fraud and abuse. Unfortunately, fraud spending happens.
Conducting your purchasing intelligence through Zendeq will help you to identify inaccuracies or abuses in your spend process for freight and transport services. You might want to monitor employees going outside of the approved vendors and budgets. In close alignment Zendeq can provide these insights and define those spend items that fall out of the norm.