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Calculate the Value of
Parq for your Company

Parq’s cutting edge supplier ecosystem provides measurable value by optimizing procurement teams’ efficiency. The platform is uniquely designed to turn procurement from a cost center to a strategic lever by saving companies both time and money, and equipping procurement teams with the tools necessary to proactively tackle their company-wide goals. 

Frequently Asked Questions

How will this allow my company to reduce new vendor/supplier additions?

Lack of visibility into current suppliers' product offerings drives inefficient use of time and money spent finding and onboarding auxiliary suppliers to meet project needs. Parq's supply chain software can improve supplier transparency by providing a centralized platform for managing and tracking the performance of suppliers. By leveraging the resources of other business units within the company, you can streamline your procurement process and save time and money. This means that you may not need to go through the process of onboarding a new supplier, as an existing supplier may already be able to meet your needs.

How much does it cost?

Contracts are negotiated and designed specifically to meet the needs of each individual customer and the budgets associated with improving supply chain performance. Talk to a member of our team for your bespoke quote.

What is the business relevancy?

Empowering procurement teams with digital solutions allow for personnel to spend less time searching for supplier information and onboarding new suppliers, and more time thinking strategically about supplier relationships.

What do you need from us?

Our platform was designed to require minimal resources from our customers. Our solutions are tailored to your organization’s data structure, and specific inputs will vary.

How does this make my company money?

Using a data-driven approach to procurement offers immense value. The future of supply chain and procurement software is proactive, as opposed to historical reactive technologies. Procurement teams can now better work towards company-wide initiatives by factoring in supply chain risk, trusted spend analytics, sustainability and diversity scorecards, and a comprehensive vendor scoring system on company projects. Having data at the forefront of procurement allows for process agility, stronger decision making, proactive risk monitoring, and improving compliance. It is the combination of these things that ultimately saves valuable time and money.

How can my company get started with Parq?

We recommend an initial pilot period of three to six months where we will target an ROI on your investment in Parq of at least 10x. During this period we will integrate your existing supplier data and set up your unique vendor ecosystem.

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