Raindrop is a scalable and fully-integrated enterprise SaaS solution designed to empower businesses to plan and manage their spend across all groups, recover cash from operations, and control their supply base. This includes modeling, sourcing, contracting, renewing, and everything in between.
Raindrop, the company, is a focused team of Silicon Valley technology and business veterans designing elegant solutions influenced by decades of real-world industry experience. The desire to create Raindrop, the product, stemmed from years of experiencing the same spend management technology gaps across all of our customers.
The Raindrop Planning module allows you to model different financial scenarios in a private environment. Here Raindrop identifies cost reduction opportunities based on industry benchmarks, and informs you of upcoming renewals. When ready, publish your chosen plan and consolidate individual departmental plans into an overall company spend plan.
Raindrop allows you to consider business scenarios for growth, consolidation, and other strategies.
Raindrop directly ties the results of spend analyses to your Annual Operating Plan.
Industry benchmark discount percentages for over a hundred spend categories provide guidance needed to improve operational efficiency and drive bottom-line savings.
Raindrop provides the aggregated plan throughout the enterprise, ensuring consistency in messaging and execution across organizational groups.
The Raindrop Operations module provides a nimble and easy to use interface for managing sourcing projects. Track your project progress while measuring operational and financial efficiencies. Turn your organization’s Annual Operating Plan into reality using consistent processes to fulfill your operation.
"Your Business, Your Way". Customize the appearance of the Operations dashboard to match your organization’s processes and ways of doing things
Elimination of numerous administrative hours with easy provisioning of users, suppliers, global search, and automated capabilities.
Integration to Supplier Management and Contract modules provides complete visibility to supplier documents, spend, and financial contractual obligations.
Raindrop Supplier Management is an industry-changing set of features, including the ease of supplier onboarding, and a comprehensive view of contracts, spend, performance scorecards, and industry news all at the tips of your fingers in a single location.
Save administrative time by requesting suppliers’ onboarding forms and documents via a supplier portal. Even easier? Have your suppliers keep their own information current. Less work for you. More accuracy in the data. That’s a win-win.
Know more about the suppliers who support your business. Have immediate access to their D&B or Experian score, see their OFAC List standing, and much more. Understand who you work with, before and during your relationship with them.
Customize supplier performance scorecards to measure business value and internal customer satisfaction. Publish corrective actions for the supplier to take, and assign owners to ensure performance and completion.
Raindrop Contracts is an easy to use system which enables any sized enterprise to store and manage their supplier documents.
Easily collaborate and maintain internal chat conversations for any contract.
Streamline contract approvals and utilize your fully integrated digital signature solution all within the Raindrop platform.
Raindrop solves the age-old problem of unanticipated contract renewals. Receive an automated call-to-action to ensure there are no surprises when contracts are nearing expiration or other milestone deadlines.
Capture the financial terms of each document to provide visibility, allowing Raindrop to track obligations and actual spend throughout the entire term.
Take advantage of early payment discounts to generate cash from operations.
Raindrop's Professional Services team designs, transforms, and runs Procurement functions for global enterprises. We implement and configure the Raindrop platform to fit your organization's Sourcing and Procurement needs, and institutionalize the necessary processes. With deep experience across Indirect and Direct spend categories and supplier relationships, we ensure our customers have the spend visibility needed to be successful.
2-5X RETURN ON INVESTMENT
100+ COMMODITY RELATIONSHIP
15-25% AVERAGE SAVINGS
Our Sourcing and Procurement services directly translate to bottom line savings for our customers. We leverage our extensive industry contacts, alliances, and technology knowledge to deliver direct savings and, more importantly, longer-term cost avoidance.
Raindrop alliance partners are leading providers of technology and services in their respective domains. Our supplier relationships helps accelerate time to value realization by providing organization access at the right level.
With our ecosystem of business alliances, technology industry contacts, sourcing partners, and service providers, all of our Sourcing engagements self-fund very quickly in the initial stages and then continue to create exponential value through their life cycle.
Our Professional Services delivers cost savings and cost avoidance to our customers by leveraging our extensive industry contacts, alliances, and commodity knowledge. While we manage, support, optimize, and manage the end-to-end Sourcing Management cycle. Most of our engagements are self-funded by delivering cost reduction on the addressable spend, freeing up admin hours needed to work across several sourcing tools and automating several sourcing operations
We institutionalize procurement function by working with the client to define the strategy and all aspects of people, process and the right fit configuration of Raindrop Platform for value realization
Analysis of the Organization’s current capability level and access areas for transformation.
Crafting the to-be procurement model, with Raindrop platform and processes.
Building the necessary infrastructure, and tie-ins to measure value realization.
Providing training and change management necessary to move the procurement organization along the value realization path.
We provide best in class expertise with direct/indirect commodity knowledge to execute on the procurement strategy and attain value.
Full cycle end to end commodity management across all categories of spend.
Deliver current market supplier intelligence and procurement analytics.
Procurement Services – Sourcing for various commodities, negotiations, contract creation.
Business Process Fulfillment – We provide around-the-clock “Source to contract” business process fulfillment including purchase requisition to purchase order (PR2PO), spot buying, goods receipt processing, account payable support, procurement analytics, and contracts management.
Provide a complete platform addressing complete sourcing and procurement needs as opposed to point solutions. Contract Management. System. Signature systems. CMS, etc.
Insight when you need it, how you need it. We recognize one size does not fit all. Raindrop can tailor our solution to suit your model. Configurations applied to capture data and deliver information to your fingertips.
Built on leading cloud infrastructure and data encryption, we proactively scan for vulnerabilities, including threat detection, host intrusion detection, side-channel attacks, virtualization vulnerabilities, and abuse of cloud. timely notifications. Data security is our core platform foundation. Period.
Crafting a quality platform with the objective of providing seamlessly integrated Procurement solutions and services that are trusted and preferred by companies and provide immediate value.
We are here to help you accomplish your Procurement goals so you can focus on your business.
We know Procurement. We live it. We breathe it. From demand to completion. Translating our years of hands-on experience to help fulfill your business processes.
Stemming from common issues across the Procurement world, we set out to create a perfect Procurement environment. We’ve rolled our sleeves up in industries ranging from technology, life sciences, finance, utilities, automotive manufacturing, semiconductor, government, and many others. We’ve seen tools not talking to each other, and experienced certain tools working in some industries, yet oddly not others. As deeply experienced Procurement professionals, Raindrop has the people, process, and tools in one single cohesive solution. Seamless interoperability – because that’s how the modern office works.
We started with a simple question. Why can’t we get all of our procurement and contracts information in one place at one time? When we set out to answer that question, Raindrop was born. We are the single solution where it counts most – where you spend your money.
Address: 2350 Mission College Boulevard Suite 880, Santa Clara, CA, 95054 United States
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