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 |