Concertiv, Inc.

Streamlines procurement management for financial services firms, improving efficiency and reducing costs.

Streamline market data management, reduce costs, and enhance procurement efficiency.

Outsourced procurement operations for mid-market professional services firms covering vendor sourcing, expert negotiation, volume aggregation, and day-to-day procurement administration to reduce cost and operational burden.

Products: Concertiv360, Market Data

Procurement and governance of market data entitlements and licensing, including scope definition, invoice reconciliation, pricing negotiation, stack rationalization, and renewal management.

Products: Market Data, Concertiv360

Corporate travel booking and policy enforcement including curated hotel and flight selection, policy-embedded booking workflows, ground transportation management, and travel spend analytics.

Products: Concertiv360

Centralized contract and vendor lifecycle management with contract storage, approvals and renewals, vendor mapping, compliance checks, performance tracking, and entitlement management.

Products: Concertiv360, Market Data

Concertiv360

A modular procurement platform that centralizes contracts, licenses, invoices, and vendor data, enabling end-to-end procurement management with workflow automation. Designed for financial services firms, Concertiv360 empowers organizations to optimize procurement processes, improve vendor interactions, and achieve greater operational efficiency. It also integrates procurement-as-a-service for comprehensive vendor management solutions.

• Achieve Comprehensive Spend Visibility
  Gain a unified overview of spending across travel, data, and technology to inform strategic decisions and optimize budget allocation.
• Streamline Procurement Processes
  Benefit from a fully managed service that handles all procurement tasks, freeing your team to focus on core business activities.
• Unlock Better Contract Terms
  Utilize industry expertise and market data to negotiate enhanced pricing and contract terms that benefit your organization.
• Enhance Vendor Relationships
  Manage vendor interactions and contract renewals effectively to ensure compliance and optimal service delivery.
• Centralizes Contract Management
  Facilitates easy access to all contracts in one place, streamlining the management of contract terms, renewals, and compliance.
• Ensures Compliance
  Dynamic policy enforcement guides travelers towards compliant choices without approvals.
• Ensure Accountability and Insights
  Access detailed reports on spend and vendor performance to identify improvement areas and ensure value realization.
• Automates Vendor Due Diligence
  Ensures compliance with regulatory requirements and internal standards by automating the vendor due diligence and monitoring process.
• Enhances Booking Efficiency
  Tailored booking processes improve user experience and adherence to company policies.
• Maximizes Cost Savings
  Pulling together client spend leads to better pricing through consolidated negotiations.
• Gain Data-Driven Insights
  Utilize advanced analytics to track spending trends and inform future procurement strategies.
• Tracks and Reconciles Invoices
  Ensures accuracy in billing by reconciling invoices with contract terms, preventing overpayments and identifying discrepancies.
• Automates Procurement Processes
  Reduces manual effort and increases transparency across procurement workflow, leading to quicker response times and reduced errors.
• Delivers Spend Insights
  Utilizes historical data for better budgeting, forecasting, and decision-making to minimize procurement costs.
• Optimizes Travel Options
  Curated travel options ensure quality and preference alignment, enhancing user satisfaction.
• Supports Strategic Decisions
  Data-driven insights help firms refine travel strategies and enhance budgeting.
• Streamlines License Management
  Provides oversight of licensing entitlements, ensuring appropriate access levels while maintaining compliance across procurement tools.
• Streamlines Transportation
  Efficient management reduces vendor clutter and optimizes overall travel procurement.
• Gathers User Feedback
  Utilizes user insights to optimize vendor selections and product offerings, ensuring alignment with client needs.

Market Data

Concertiv provides an embedded market data function that owns pricing, scope, access, and billing for market data, delivering properly scoped market data with clear spend visibility and benchmarking insights for mid-market professional services firms.

• Manage Procurement Efficiently
  This ensures consistent and timely execution of procurement processes, minimizing risks associated with decentralized management.
• Achieve Competitive Pricing
  Access current market data enables firms to secure better deals, aligning costs with industry standards.
• Choose Optimal Vendors
  This feature ensures firms select the best-suited vendors based on data-driven insights and peer experiences.
• Avoid Overspending
  Prevent automatic renewals that may not reflect current needs, thereby optimizing expenditure.
• Tailor Market Data Solutions
  Customize contracts to fit the specific needs of your operations, minimizing waste and inefficiencies.
• Optimize Vendor Use
  Effectively streamline operations and reduce clutter in vendor management for enhanced clarity.
• Ensure Contract Compliance
  Maintain adherence to agreed terms, reducing the risk of disputes and ensuring fair access.
• Enhance Vendor Alignment
  Ensure all vendors meet operational needs without unnecessary overlap.
• Improve Invoice Accuracy
  Prevent billing errors and recover unauthorized charges through meticulous invoice oversight.
• Adapt to Evolving Needs
  Regularly update access and entitlements to align with current team configurations, preventing stagnation.