Raindrop: AI Industry Modern Source-to-Pay SaaS Platform for Government

Many Public Sector Entities are saddled with legacy systems built on antiquated technologies with clunky user interfaces that limit adoption and reduce the effectiveness of procurement and finance processes.

Public Sector CPO’s and CFO’s count on Raindrop to address their top Procurement and Finance issues, including digital transformation, reducing costs, and delivering innovation through procurement. Raindrop enables leaders to execute a clear enterprise digital strategy to maintain a holistic view of external supplier obligations and risks. Raindrop enables fulfilling business processes more efficiently via the application of technology, and controlling your enterprise spend.

Raindrop is an industry-disruptive AI-powered modular Source-to-Pay (S2P) platform, designed to act as the central hub capable of managing all financial commitments and obligations of funds from a customer’s company to their external supply base.

Founded by highly experienced procurement practitioners, technologists, and operational experts, Raindrop brings a fresh user experience to a mature industry in need of change. Raindrop is designed for ease of use and speed to value attainment with a highly flexible ability to get information in and out of other multiple third-party systems so our customers can leverage their existing investments.

Implementation times are measured in weeks, not months or years, with an agile deployment approach that offers “out of the box” use cases with pre-built templates, process and approval workflows and public sector-specific best practices.

Ease of use for suppliers, business stakeholders and procurement are essential to the success of any digital S2P transformation. To promote adoption and ensure return on investment, a proven and reliable system must create a delightful user experience for all
these groups.

Raindrop is built from a single code base, all done in-house so our users can benefit from software that’s cohesive, highly configurable, seamlessly connected, and easy to adopt at a lower total cost of ownership than the cobbled-together ‘legacy’ solutions in
our industry.

The foundation of Raindrop revolves around being helpful, human, and holistic, and its tools are designed to deliver immediate value while making each step of the user journey personal and simple.