PRO

PRO(a)ACT, a brand of Wavelet AB, helps organizations make purchasing analysis simpler, more insightful and proactive. Its cloud-based service brings purchasing data together, then automatically cleans, enriches and categorizes it to support informed decisions. The platform can add financial indicators, addresses and ownership information, and uses analytics and machine learning to turn data into useful insights.

PRO(a)ACT offers interactive standard reports and customized reporting, with self-service analysis through Power BI and Excel. Users can explore dashboards, build their own reports and conduct detailed analysis without relying on IT specialists. The service also supports automated data integrations, APIs and administration of users and permissions. Delivered through Microsoft Azure, it is designed for use across devices and follows GDPR requirements for data handling.

Its analysis capabilities include cost overviews, contract compliance, supplier and category analysis, supplier risk information and ABC analysis. PRO(a)ACT also offers environmental spend analysis, using environmental coefficients to estimate the impact of purchasing across different levels of data detail.