Logistics tech vendor Jaggaer yesterday released a software platform in its spend management solutions suite, saying the product could help reduce costs and improve transparency in procurement operations.
The Research Triangle Park, N.C.-based firm said its Jaggaer One platform delivers data management, third-party integrations, identity management, process workflows, and analytics. More specifically, the Jaggaer One product sits between a user's managed supplier network and its third party applications, providing services such as supply chain collaboration, inventory management, contracts, sourcing, and spend analytics.
Designed for use in the transportation, retail, manufacturing, consumer packaged goods (CPG), pharmaceutical, and other sectors, the platform spans procurement activities and solutions to help cut spend and risk while improving control and flexibility, the company said.
"Jaggaer One represents the next stage in the evolution of our company and is the most complete business-to-business spend management offering available globally. It was developed with market and customer input and is a solution that any business can rely upon and scale as it transforms its procurement operations," Jaggaer CEO Robert Bonavito said in a release.