Simple software for your business and your
enabling you to apply the 80/20 rule
Nobody wants to be dealing with 20 things
when they can manage one. Make the 80/20
rule work in your favor.
Fringe lets you build rules to drive actions and visibility across every aspect of your organization; track results and manage costs intelligently. Turn your 'spend-undermanagement' into net profit.*
Less than the cost and effort of those old and cumbersome procurement software players.
* For every dollar that is placed under management of the procurement department or process, the average enterprise sees a benefit (cost savings) of between 6 and 12 percent." - HCMWorks
Companies are recognising that they need to be smart to advance the management of their indirect spend categories, where typically half of business cost is incurred.
"Up to three quarters of procurement
professionals globally have little or no visibility
across their indirect spend" - HCMWorks
Fringe, developed over a six year period, provides visibility and accountability across the many verticals of indirect spend and highlights the inefficiencies and waste.
Proven measurable benefits include rationalisation of suppliers, refining back office processes, strengthening supplier relationships and ongoing audited fiscal savings.
The DNA of Fringe is a unique and intelligent
algorithm, continuously incorporating
emerging procurement and data-driven
Fringe is a secure and configurable platform that retro-fits easily into existing business systems and has already been adopted for use by organisations spanning many industries in both Government and the private sector.
We cannot solve our problems with the same thinking we used when we created them
What gets measured,
One standard is worth
a thousand committee meetings
We specialise in the Indirect Spend space, for example ...
Integrate once with Fringe and then never worry again about
managing system changes when your procurement model
or supplier's transition.