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Axya Features

What are the features of Axya?

Supplier Marketplace

  • Data Management

Contract Management

  • Compliance
  • Negotiations

Project Management

  • Dashboard

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Revenue Recognition

Usage Tracking

Track usage per company, custom time period, or contract

Not enough data

Deferred Revenue

Track payments received for products that haven't be delivered yet

Not enough data

Revenue Accrual

Recognition rules to accrue revenue on a daily or monthly basis

Not enough data

Management

Approval

Use criteria to add or remove suppliers to/from approved lists.

Not enough data

Communication

Manage communications with suppliers on multiple channels such as phone or email.

Not enough data

Documents

Capture and maintain documents related to suppliers and their products or services.

Not enough data

Performance

Evaluation

Allows users to evaluate supplier performance using standard and custom KPIs.

Not enough data

Selection

Provide features to compare suppliers and choose the best option for various activities.

Not enough data

Risk Management

Identify potential issues and how they may impact relationships with suppliers.

Not enough data

Supplier Information

Profiles

Create and manage supplier profiles that include contact and pricing information.

Not enough data

Qualifications

Identify the services and products provided by suppliers, as well as certifications.

Not enough data

History

Track history of all interactions and business transactions with suppliers.

Not enough data

Supplier Marketplace

Library

Provides a centralized library containing product data.

Not enough data

Categorization

Enables users to assign custom categories to products.

Not enough data

Data Management

As reported in 10 Axya reviews. Creates and manages product catalogs.
83%
(Based on 10 reviews)

Contract Management

Compliance

Based on 10 Axya reviews. Assists with maintaining compliance with controlled processes, automated tracking, and audit trails.
87%
(Based on 10 reviews)

Revenue

Identifies revenue opportunities by providing better visibility into spend data, improving supplier relationships, streamlining procurement processes, and identifying cost savings opportunities

Not enough data

Negotiations

As reported in 11 Axya reviews. Provides organizations with the tools and data they need to negotiate contracts more effectively, such as data analysis, collaboration, and contract management.
74%
(Based on 11 reviews)

Data Collection

Spend

Increases spend visibility into pricing and unintended or excessive use of discounts or promotions by customers.

Not enough data

Compliance Reports

Identifies noncompliant spending, fraud, and other activity outside of company policy.

Not enough data

Savings

Analyzes spending patterns and identifies areas to reduce costs.

Not enough data

Project Management

Dashboard

Provides a dashboard for searching and reporting on contracts and projects. This feature was mentioned in 11 Axya reviews.
80%
(Based on 11 reviews)

Repository

Manages contracts in a single, online central repository.

Not enough data

Lifecycle

Manages the entire contract lifecycle process by providing visibility into projects and allocating resources across sourcing initiatives.

Not enough data