Cost Control & Budget Management

Kraya’s Cost Control feature helps organizations optimize procurement budgets by using strategic sourcing and real-time tracking to monitor and control spending.

Strategic Sourcing

Evaluate suppliers and negotiate the best pricing to save costs and improve procurement outcomes.

• Identify cost-effective suppliers.
• Negotiate for better pricing.
• Reduce procurement costs strategically.

Budget Tracking and Analysis

Track spending in real-time against budgets, giving a clear view of expenditure and allowing quick adjustments to stay within financial limits.

• Track spending in real-time.
• Analyze expenditure against set budgets.
• Stay on track with financial limits.

Procurement Cost Reports

Generate detailed reports on procurement costs, giving insights into areas for savings and cost reduction opportunities.

• Generate detailed cost reports.
• Identify cost-saving opportunities.
• Optimize procurement budgets.