The future of procurement and sourcing strategy is here.
Remove bottlenecks and shorten the procurement process cycle while increasing accuracy so you can focus on producing more quality.
Catalytic can help you make better-informed decisions by gathering accurate data and metrics for spend analysis, quality assurance, benchmarking, market research and vendor feedback.
Empower your team to focus on strategic procurement and strengthening your supplier networks instead of time-consuming manual and tactical work.
Essential data is often stored in multiple locations, in differing formats, and with missing or outdated information. Catalytic can automate master supplier data management by taking unstructured data, integrating it with your systems of record, and automatically updating it for clean, consolidated, and useful data that saves time and lowers risk.
Automatically generate standard contracts and agreements with suppliers. Catalytic can pull supplier onboarding information into existing templates and send for review and electronic signature. And use our platform for supplier management and to track certification and insurance with automated requests for proper documentation to be uploaded. When suppliers are not in compliance, Catalytic can send automated reminders until they are. Then you can automate compliance reports and supplier analytics on-demand.
Catalytic takes care of tedious and transactional work like processing payments, creating receipts and invoices, collecting e-signatures, updating spreadsheets, and sending reminders when people are late in completing tasks. Catalytic can automate all of this to create seamless workflows across your internal systems and external supplier networks.
Global manufacturing company Bosch saved more than 1,500 days of manual effort while reducing human error by automating supplier contract compliance with Catalytic.
Catalytic can seamlessly connect, automate, and add intelligence to your current procurement software, bid tracking tools and supplier communications.