Tradebroker and Prenax Partner to Help Businesses Gain Control of Indirect Spend.
Tradebroker has signed a new agreement with Prenax, effective 1 September, providing members with access to a smarter and more structured approach to managing indirect spend.
Indirect spend is often one of the least visible areas of procurement. Purchases can be spread across departments, locations, and budget owners, making it difficult to maintain a clear overview of costs, users, contracts, suppliers, and renewal dates.
Without central oversight, organisations can face unnecessary administration, duplicate purchases, missed renewal opportunities, and limited visibility into where money is being spent.
One Solution for Better Control
Prenax helps organisations consolidate and manage business resources through a single supplier and a dedicated management platform.
By bringing these purchases into one place, businesses gain:
- Greater visibility of indirect spend
- Improved control of users and access
- Centralised renewal management
- Reduced administrative workload
- More efficient purchasing processes
- Better support for financial planning and decision-making
Combined with extensive market knowledge and supplier expertise, Prenax helps organisations make informed purchasing decisions while improving operational efficiency.
Why This Matters for Tradebroker Members
As businesses continue to invest in a growing range of digital services, professional memberships, research platforms, publications, and other business resources, indirect spend can become increasingly difficult to manage.
The new agreement gives Tradebroker members access to a proven solution that helps organisations:
- Consolidate fragmented purchasing
- Improve spend visibility across departments
- Strengthen supplier management
- Identify opportunities for cost optimisation
- Reduce time spent on manual administration
- Increase control over renewals and contracts
The result is greater transparency, improved governance, and more strategic management of indirect spend.
Common Challenges We Help Solve
Many organisations struggle to answer fundamental questions about their indirect spend:
Do you have a complete overview of all business resources purchased across the organisation?
Do you know who is using which services?
Are renewals tracked and managed centrally?
Can you easily identify your total annual spend?
Are you confident you are receiving the best value from suppliers?
If the answer to any of these questions is no, there may be opportunities to improve both efficiency and cost control.
When organisations first map and assess this area, they are often surprised by the amount of time, effort, and budget being spent managing resources across multiple suppliers and business units.
Agreement Starts 1 September
The agreement between Tradebroker and Prenax will commence on 1 September and will initially run for two years, with the option to extend for a further two years.
Together, Tradebroker and Prenax aim to help member organisations gain greater visibility, stronger purchasing control, and a more strategic approach to managing indirect spend.
Learn More
If you would like to understand how your organisation can improve control, reduce administrative burden, and optimise indirect spend, contact the Prenax team for a no-obligation review of your current resource management processes.
Contact person:
Joachim Begby – j.begby@prenax.no – tel: 993 23 117
