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Publish Date : 14-Mar-2018

JAGGAER, the worlds largest independent spend management company, has expanded its partnership with Kloepfel iProcurement, part of Kloepfel Group, to amplify both the data analysis capabilities of the JAGGAER Direct strategic sourcing solution, and the data collection process of the iProcurement tool. Holistic digitalization consultants and solutions provider Kloepfel Group operates across 13 global locations, offering technology, coaching, and seminars to support the procurement function. By incorporating iProcurements artificial intelligence technology for generating cost-reduction recommendations, JAGGAERs Direct strategic sourcing platform will enable customers to make better decisions faster while saving more on costs and resources.

With iProcurement, were giving our customers a user-friendly tool that can be implemented quickly and presents consolidated figures. By adding external data with the help of the JAGGAER solution, customers can gain enhanced and more valuable insights from their own data, said Christopher Messina, CEO at Kloepfel iProcurement.

Both companies have made it a priority to learn from each other and work together to meet their customers requirements. The combined technology is easy to use and can easily be connected to customers systems, ensuring quick set up and immediate functionality. With this partnership, every JAGGAER Direct customer will receive a free iProcurement license for data analysis. JAGGAER customers can also purchase iProcurement licenses directly from JAGGAER. Companies that are already working with the JAGGAER Direct strategic sourcing solution will be able to benefit from the reporting and forecasting models generated by the innovative and intelligent algorithm-based iProcurement tool. Both the JAGGAER solution and Kloepfel iProcurement can be expanded with additional modules, offering companies a flexible solution for structuring transparent purchasing negotiations, achieving better supplier conditions, and monitoring savings potential at the supplier and item level in real-time.

The JAGGAER Direct strategic sourcing platform eliminates the manual aspects of the sourcing process and delivers a 360 view of transparent price and non-price information. In combination with Kloepfel iProcurement, customers can leverage the new AI technology for enhanced data analysis to make the best strategic decisions, said Robert Bonavito, CEO at JAGGAER.

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