GoTrack
Unlock complete visibility, market insights, and optimized planning across your procurement operations.
Executive Summary
GoTrack by GoProcure is a robust Procurement Analytics tool designed to provide organizations with complete visibility, actionable market insights, and optimized planning capabilities within their procurement processes. It empowers CPOs and CFOs to make data-driven decisions, transforming raw procurement data into strategic intelligence. The platform helps manage costs, reduce risk, improve overall spend visibility, and increase diversity spend by offering a comprehensive view of all procurement activities. By leveraging advanced analytics, GoTrack facilitates a deeper understanding of spending patterns, supplier performance, and market dynamics. Through its analytical capabilities, GoTrack supports strategic procurement initiatives, enabling businesses to identify cost-saving opportunities, streamline operations, and ensure compliance with internal policies and external regulations, ultimately leading to more efficient and effective procurement outcomes.
Use Cases
- Gaining real-time visibility into procurement spend and activities.
- Identifying cost-saving opportunities through market insights and spend analysis.
- Optimizing procurement planning and strategy based on data-driven recommendations.
- Reducing procurement risk by monitoring supplier performance and compliance.
- Increasing diversity spend initiatives and tracking related metrics.
Features
Visibility
- Real-time Spend Visibility: Provides a unified view of all procurement spend across the organization, categorized and easily searchable.
- Supplier Performance Tracking: Monitors key supplier metrics, including delivery, quality, and compliance, through intuitive dashboards.
- Contract Lifecycle Overview: Offers visibility into contract statuses, expiry dates, and compliance adherence.
Intelligence
- Market Trend Analysis: Leverages external data to provide insights into market pricing, supply chain risks, and emerging trends.
- Savings Opportunity Identification: AI-driven analysis to pinpoint potential cost reductions through negotiation, consolidation, or alternative sourcing.
- Demand Forecasting: Predictive analytics to optimize inventory levels and procurement schedules based on historical data and future projections.
Technical Specifications
- Deployment
- SaaS
Pricing
- Model
- Subscription-based
- Starting Price
- Contact sales
- Target Customer
- Mid-Market,Enterprise
- Contract Type
- Annual
About GoProcure
GoProcure is a procurement solutions company providing a B2B e-commerce platform that brings together an ecosystem of suppliers, retailers, wholesalers, financial institutions, and shippers. It helps businesses manage tail spend end-to-end, automate transactional procurement processes, and improve control, compliance, and visibility.