BLOCKnit
Information Technology & Services - Seattle, Washington, United States
BLOCKnit Employees
BLOCKnit Senior Management
BLOCKnit Details
Who We AreWe enable procurement processes to be self-sufficient through smart collaborations between data, systems, settings and people.We use ML & AI to provide insights ‘within and across' all procurement functions to create a customer-driven performance model to achieve transparency, effectiveness and cognilytics.With our help Procurement Organization can achieve Superior engagement, data-driven decision making, higher business efficiency, improved bottom lines, increased productivity and happier ShareholdersWe Analyze, Discover, Transform, Cleanse, Validate, Load and Reconcile an organization's procurement data, Tiered-Vendor data and Real-time Market data to provide AI-Powered awareness, insights and opportunities for Risk Mitigation, Spend Analytics, Contract Management and Strategic Sourcing.Why BLOCKnit? Key Differentiators1. ProcureAI as a One-Stop, End-To-End digital procurement solution2. Identifies new & emerging Supply Chain Risks through AI-driven data analytics eliminating bias or gut feel as factors for mitigation3. Enables Automatic Spend classification and Vendor matching4. Manages, guides and automates Strategic Sourcing Processes5. Helps centralize Contract Management and content verification through compliance and clausesBenefits to Procurement Organization:-Increased end user engagement productivity-Integration of applications to end user environments-Data Driven decision making and uncovering of hidden insights-Automation of repetitive tasks-Analytics driven, improved accurate approvals-Higher collaboration and efficiency through context specific and user aligned information-Cognitive Procurement with increased cost savings and reduced operational costs-Predictive income forecasting, identification reduction of risk and predictive market opportunities
BLOCKnit Technologies
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