Companies are recognising that they need to be smart to advance their management of their indirect spend categories … “Up to 75% of procurement professionals globally have little or no visibility across their indirect spend” – HCMWorks The purpose of Fringe is to provide visibility and accountability of indirect spend. Developed over a six year period to address inefficiencies and waste - typically where 50% of cost is incurred in this space (- EY) The DNA of Fringe is an intelligent algorithm, continuously advancing to incorporate emerging procurement technologies. The secure platform retro-fits easily into existing business systems and has grown to include many indirect verticals - such as Fleet, Travel, Freight and Consumables and has already been adopted for use by organisations spanning multiple industries in both Government and the private sector.
Companies are recognising that they need to be smart to advance their management of their indirect spend categories … “Up to 75% of procurement professionals globally have little or no visibility across their indirect spend” – HCMWorks The purpose of Fringe is to provide visibility and accountability of indirect spend. Developed over a six year period to address inefficiencies and waste - typically where 50% of cost is incurred in this space (- EY) The DNA of Fringe is an intelligent algorithm, continuously advancing to incorporate emerging procurement technologies. The secure platform retro-fits easily into existing business systems and has grown to include many indirect verticals - such as Fleet, Travel, Freight and Consumables and has already been adopted for use by organisations spanning multiple industries in both Government and the private sector.