We are living in a subscription economy. More and more of the of the content services we use in our day to day lives are accessed via paid subscriptions, and that number will only increase. With multiple subscriptions comes multiple payments, and it’s difficult to determine whether the amount we spend on these services is an accurate reflection of how much we actually use them and how much value they provide.
If we lack visibility in our personal lives, imagine the challenge faced by large corporate businesses that spend millions on paid subscriptions every year…
TRG enables global enterprises to gain total control over their entire universe of corporate subscriptions. Our software suite provides a complete solution for subscription spend and usage management, transparency and optimisation, saving businesses significant amounts of time and money year after year.
Founded in 1998 by senior IT executives from global investment banks, TRG provides software services that enable companies to streamline their spend management, reduce costs, and make informed financial decisions about subscription-based services including market data, software, research, information services, consulting, and more.
TRG launched with the flagship product FITS, a spend management software that enables clients to manage billions of dollars in recurring costs across multiple expense categories. With FITS, vendor contracts, procurement, invoicing, and expense allocations can be expertly managed, providing detailed reporting down to the employee-level, enterprise-wide cost transparency, and accurate control of all commercial and financial relationships with vendors.
In 2016 TRG acquired Priory Solutions Ltd, a software company devoted to helping businesses manage access, streamline workflow, and track usage, of their online research, data and information services. With this business TRG acquired two market changing products: Research Monitor and Quest, that work seamlessly alongside FITS to complete the full subscription optimisation lifecycle.
Research Monitor is a centralised platform that companies use across global teams to track and manage web-based subscription usage down to the individual user, providing total transparency that allows companies to only activate subscriptions they are fully utilising.
Quest is an intuitive research and reference request ticketing platform that enables information services teams to seamlessly track and manage their incoming research requests from clients.
TRG’s combined software suite now provides global clients with market leading capabilities to manage the full end to end lifecycle of their data and research subscription needs – contracting, provisioning, usage monitoring, request tracking, billing and renewal analytics.
Our unrelenting commitment to exceeding clients’ expectations, coupled with deep business and technology expertise, has earned us a unique and unrivalled cross-industry reputation. With client retention rates over 95% and numerous competitor product displacement success stories, our products provide a one stop shop for subscription and research optimisation across multiple industries and markets.