Wipro and Raindrop have joined forces to revolutionize procurement with a comprehensive Source-to-Pay suite. This collaboration aims to deliver rapid "Time to Value" for customers seeking a complete platform encompassing Spend Visibility, Strategic Sourcing, Contract & Supplier Management, and transactional Procure-to-Pay.

The powerful Sourcing module, designed by Procurement practitioners for Procurement practitioners, seamlessly connects the entire Procurement lifecycle from spend planning to contract renewal. This approach simultaneously reduces spend leakage and ensures compliance, marking a significant shift in the industry.

Raindrop, an industry-disruptive digital spend management platform, serves as the central hub for managing all outflow of funds from a customer's company. Founded by highly experienced procurement practitioners, technologists, and operational experts, Raindrop brings a fresh user experience to a mature industry in need of change. It is designed for ease of use and speed to value attainment.

The partnership's primary focus is on streamlining procurement for organizations by enabling more efficient spend management, enhancing risk and compliance mechanisms, reducing the cost of ownership, and enhancing savings by identifying and resolving spend leakages.