supplier success management

Valuable financial insights

We turn your Procurement data into straightforward, actionable financial insights, so you can see exactly where to reduce costs and boost margins.

Valuable financial insights

Use your purchasing data to improve margins

01

Gain clarity

We highlight cost-saving opportunities like rarely used tools or unnecessary contracts, so you know exactly where to reduce costs or optimize spending.

02

Get insights faster

Using both technology and expert analysis, we spot the best ways to cut costs. No more tedious number-crunching, just clear, proactive recommendations you can act on right away.

See every renewal before it hits

We pull renewal dates, payment terms, and other key details from each contract and lay them out on a clear visual timeline. You always know what’s coming months ahead.

See every renewal before it hits
01

Eliminate duplicate spend

Our platform cross‑checks invoices, contracts, and usage data to uncover overlapping subscriptions and redundant licenses, helping you spot double spend, consolidate fast, and free up budget.

Eliminate duplicate spend
02

Step into the cockpit of financial excellence

Intake-to-Procure

Related products

Expenses Optimisation

Confident vendor sourcing

Contract Management on Auto Pilot

Collaborative approval room

Smart purchase requests

Streamlined request approval

Optimising spend, one blog at a time

15 must-ask questions before buying any SaaS tool
Procurement2 min read

15 must-ask questions before buying any SaaS tool

SaaS has transformed the way businesses operate, boosting efficiency, flexibility, and scalability. But as your tech stack grows, so do the financial risks. The average mid-sized company now manages over 120 SaaS applications, yet Gartner estimates that 20-30% of SaaS budgets are wasted on duplicate or unused tools.

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Blog - Hello Najar
News4 min read

Welii is now Najar: The new era of SaaS Procurement

We are excited to announce a transformative moment in our journey: Welii is now Najar.

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Multi-year SaaS contracts: when and why make a long-term commitment?
Contract management2 min read

Multi-year SaaS contracts: when and why make a long-term commitment?

Multi-year SaaS contracts: Duration of commitment, clauses... Complete guide. This article was written by Najar: our teams have renegotiated a total of 10 million euros of SaaS contracts. Thanks to our platform, our clients have realized several million euros in savings.

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The guide for buying SaaS: A 5-step method
Procurement1 min read

The guide for buying SaaS: A 5-step method

Navigating SaaS procurement is tricky. On the outside, it looks simple. But when you don’t have a buyer background or any dedicated resource in the company, it turns out to be a time-consuming, expensive and complex process. That’s why we created this guide, compiling dozens of IT buyers recommendations, to help you better negotiate your SaaS contracts.

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reflecting light on colored waves in theme with Najar's brand
Optimization6 min read

SaaS vendor lock-in: how to mitigate risk and ensure flexibility

CFOs have a real role to play in avoiding the risks of dependency on your SaaS software suppliers.

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Frequently
asked questions

What are valuable financial insights?

Valuable financial insights pertain to application usage and expenses which are detected. This allows identification of overlaps, new apps and Shadow IT.

What are the benefits of valuable financial insights?

The main benefits of valuable financial insights is the ability to identify apps and optimise them, as well as identifying negotiation opportunities.

How does Najar generate actionable data?

Najar generates actionable data by retrieving IT/Security and Financial data during the onboarding process and regularly after.

How does Najar extract contract data?

The system automatically scans contracts and generates reminders based on key dates such as renewal deadlines. These alerts are sent to relevant stakeholders, ensuring timely actions are taken. The alerts are sent through Slack or Email.

Why is the intake-to-procure process important for financial insights?

The intake-to-procure process captures critical spend data, which can be analyzed to uncover inefficiencies and cost-saving opportunities.

How does Najar accelerate the process of gaining insights?

By automating data collection and analysis, Najar reduces the time spent on manual data crunching, delivering insights faster than traditional methods.

Can Najar automatically notify me about contract deadlines?

Yes, Najar sends automated reminders before contract expiration or renewal deadlines, ensuring you never miss a critical date.

How does contract data extraction support cost optimisation?

Contract data extraction reduces costs by automating the tracking of key properties like renewal dates, notice periods, and payment schedules, improving visibility, and ultimately helping you to avoid penalties, prevent unnecessary expenses, and renegotiate better terms. 

How can Valuable Financial Insights improve my margin?

By identifying areas of cost optimisation, tools redundancies, and contract inefficiencies, it provides actionable data to help you make informed decisions that improve your profit margins.

What kind of clarity does this solution offer?

It gives visibility into grey areas, such as underused tools or contracts that could be renegotiated, helping you uncover hidden financial opportunities that are typically difficult to detect.

What kind of contract data can be extracted?

The system extracts essential data, including contract renewal dates, notice periods, payment schedules, and key clauses, providing clear visibility into all your vendor agreements.