PMT (Portfolio Management Tool) is a cloud-based system designed for the procurement process. It provides an integrated platform to analyze portfolio performance, drive decision-making, track projects, and manage risks associated with spending. PMT enables organizations to effectively manage sourcing activities through efficient supplier management and risk identification. The tool also allows users to monitor spend across various departments and view trends in pricing/value-add initiatives. With its comprehensive suite of features, PMT provides an effective way to maximize value and optimize resource utilization.