Transform your procurement data into actionable financial insights.
Valuable financial insights
From intake to procurement, we streamline the process, giving you the visibility and clarity needed to improve your margins.
Actionable Data for Better Margins
Gain Clarity
Uncover hidden opportunities, whether it’s optimizing tools or rationalizing contracts. Najar makes visible what’s often overlooked, revealing hidden financial gains.
Faster Insights
We combine technology with human expertise to proactively deliver insights. No more spending days crunching numbers—we identify cost-optimization opportunities for you.
Effortless Contract Data Extraction
Extract key contract data quickly and easily, ensuring you stay organized and informed. Najar will even send you automatic reminders when action is needed.
Cost-Optimization Insights
Leverage data to discover savings opportunities and improve financial performance. Najar helps you identify where to cut costs and how to streamline spending for maximum efficiency.
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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 company generate actionable data?
Company generates actionable data by retrieving IT/Security and Financial data during the onboarding process and regularly after.
How does company 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 company accelerate the process of gaining insights?
By automating data collection and analysis, company reduces the time spent on manual data crunching, delivering insights faster than traditional methods.
Can company automatically notify me about contract deadlines?
Yes, company sends automated reminders before contract expiration or renewal deadlines, ensuring you never miss a critical date.
How does contract data extraction support cost optimisation?
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.