WE KNOW YOUR PAIN
Fragmented Spend Data
Disparate systems make it challenging to consolidate spend information, making accurate financial planning seem impossible.
Uncontrolled Fiscal Commitments
Without real-time insights and easy access to information, organizations risk overspending due to unnoticed budget overruns or contract overconsumption.
Limited Spend Transparency
Difficulty in accessing detailed spend analytics across suppliers, commodities, and regions impedes strategic decision-making.
HOW RAINDROP HELPS
- Unified Spend Visibility with Spend Intelligence: Consolidate spend data across suppliers, regions, and functions for comprehensive financial analysis and planning.
- Real-Time Visibility and Alerts: Receive proactive notifications when budgets are nearing limits or when commodity consumption approaches contracted amounts.
- Advanced Analytics: Leverage AI-driven insights to predict spending trends and identify cost-saving opportunities.
- Seamless Integration: Quickly connect with existing ERP and financial systems, ensuring a smooth transition and minimal disruption. We’re seriously fast, just ask.
- User-Friendly in every way: Intuitive design promotes widespread adoption across teams, reducing training time and increasing efficiency.
WHAT YOU GET WITH RAINDROP
- Unified Intake Hub: One Digital Front Door for all commitment requests—purchases, sourcing events, and contract—your questions answered or routed automatically
- Guided Sourcing, Built for Speed: Launch RFX events in minutes with out of the box templates, cloning events, or even just ask Rain to create one for you, and easily evaluate with automated scoring, and side-by-side bid evaluation.
- Supplier Collaboration Made Easy: Work with vendors directly in-platform—no more email ping-pong or lost documents.
- Sourcing-to-Contract Connection: Convert sourcing events into purchase orders or contracts in a click, with full traceability and zero data loss.
- Compliance Without the Chase: Dynamic workflows keep teams aligned —without Procurement playing hall monitor.
- Up and Running Fast: Go live in weeks, not months—with best-practice built in, Out of the box ERP and P2P integrations and no-code workflows built in.
- Designed by Procurement, for Procurement: Every feature reflects firsthand knowledge of what works (and what doesn’t) in the real world.
BONUS
Raindrop empowers your organization by providing a modular, unified platform where stakeholders only see what’s relevant to them—and they never have to learn a new tool when you add a new module.
FAQ
Raindrop provides real-time, comprehensive views of enterprise-wide spend—contracted and non-contracted—by unifying procurement, sourcing, and contract data. This allows finance professionals to proactively monitor budgets, identify risks, and surface cost-saving opportunities.
Yes. With its intelligent intake and approval workflows, Raindrop ensures that every commitment—whether a purchase, contract, or sourcing event—is pre-approved and aligned with budget policies. Automation and AI reduce manual reviews while increasing compliance.
Raindrop’s unified intake process serves as a digital front door for all spend requests, guiding employees to compliant suppliers and workflows. This centralizes purchasing activity, reduces shadow spend, and improves supplier adherence to negotiated terms.
Absolutely. Raindrop is designed to integrate seamlessly with a wide range of ERP and financial systems. Whether it's invoice data, approvals, or supplier onboarding, Raindrop ensures financial alignment and data continuity across platforms.
Finance leaders typically begin seeing impact in weeks, not months. Because Raindrop is modular and easy to deploy, teams can prioritize high-value areas—like invoice automation, budget control, or contract visibility—and expand as needed without heavy IT lift.