Proconey is a procurement cost-savings initiative management platform that helps organisations turn identified opportunities into measurable financial outcomes. It centralises vendor information, contract oversight, savings initiatives, and ownership tracking in one structured workspace, giving procurement and finance teams clear visibility from opportunity through to realised savings.
Many organisations identify cost-reduction opportunities successfully but struggle with execution. Savings initiatives often lose momentum because ownership is unclear, progress is fragmented across spreadsheets and emails, and contract renewal timelines are not actively managed. Proconey addresses this gap by connecting vendor data, contract timelines, initiative tracking, and measurable savings targets into a single system of record.
Key capabilities include:
Centralised vendor and contract oversight with renewal visibility
Structured cost-savings initiative management with defined ownership
Progress tracking from identified to realised savings
Supplier engagement and collaboration history
Spend insights and opportunity signals
Notifications and alerts for contract notice periods and milestones
Audit-ready tracking and governance visibility
Proconey is designed for procurement teams, finance leaders, and cross-functional stakeholders who need confidence that savings initiatives are progressing as planned and delivering measurable results. By linking contracts, vendors, and initiatives together, organisations gain stronger negotiation leverage, clearer accountability, and improved savings validation.
The platform is particularly valuable for growing and mid-market organisations that need structured procurement governance without the complexity of large enterprise systems.