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.