Productiv is a SaaS Intelligence platform that provides organizations with deep insights and data to proactively govern, optimize spend, and drive operational efficiency across their SaaS applications. The company's platform ingests employee expense and vendor invoice data, utilizing machine learning to automatically identify SaaS suppliers and map all unstructured expense and payment data to the appropriate vendors, resellers, and apps. Through Productiv's solution, IT, procurement, finance, and business leaders can align on trusted data, enabling informed decisions on rightsizing SaaS investments, managing renewals, and reducing risk exposure.
Productiv's platform connects to hundreds of systems for HR, payments, expenses, contract lifecycle management, and app engagement, helping companies discover up to 100% of their SaaS engagement and spend. The platform provides features such as no-code customizable workflows, pricing benchmarks, usage data, integrations for collaboration across tools, custom alerts for renewals, collaborative approvals, seamless P2P integration, intelligent app recommendations, vendor assessment workflows, compliance tracking, rightsizing recommendations, automated license reclamation, contract management, app usage intelligence, shadow IT detection, and reporting analytics and insights.
In December 2022, Productiv announced new strategic collaborations with SAP Concur and Sage Intacct to make it easier for businesses to ingest expense and invoice data into the SaaS Intelligence platform. The company has also established partnerships with various cloud financial solutions to help teams align on SaaS management.
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