Rate Manager is designed to simplify rate management for sourcing teams struggling with disparate systems, manual updates, time-consuming searches, and complicated reporting. It centralizes rates into a single source of truth, updated in real-time, eliminating fragmented data systems and increasing transparency. This allows procurement teams to focus on strategic priorities rather than administrative tasks. The software helps drive cost and time savings by unlocking savings through data consolidation and trend analysis, eliminating redundancies, and driving efficient events. Users can access historical and real-time data for better supplier negotiations and enhance sourcing strategies with robust scenario analysis. Rate Manager is ready to scale and easy to adapt, managing diverse categories and spend types, and preparing for growth with integrations into other Keelvar solutions. It enforces compliance seamlessly, driving transparency and reducing risk with rate audit trails, reducing maverick buying, and ensuring adherence to contracted pricing by providing rates to business users.

Features (Highlights)

• Streamlined rate management
  • Centralizes rates, enabling real-time updates and easy reporting.
• Efficient search & retrieval
  • Finds the right rates quickly using advanced filtering and sorting.
• Flexible rate management
  • Customizes rate cards and manages rate data easily across categories.
• Granular access control
  • Enables customized permissions, ensuring secure and consistent rate management.
• Single source of truth
  • Consolidates all rates for consistency, providing easy view-only access to broader teams.

Features

• Customized rate cards
  • Create rate cards with custom fields, supplier lookups, contracted dates.
• Bulk rate import & management
  • Manage rates in bulk.
• Easy retrieval & reporting
  • Retrieve and report on rates easily.
• Controlled rate updates
  • Control rate updates.