A 360 view of your spend
Explore your data from every angle for better visibility and more strategic decisions.
Turn your spend into performance drivers
Centralize, analyze, and categorize your spend to identify potential savings, negotiate more effectively with suppliers, and drive your procurement strategy with reliable data.
A consolidated view of your spend. Opportunities detected. Better-informed decisions.
What Spend Analysis enables
Powerful analytics for better visibility, smarter decisions and more effective purchasing.
- Procurement dashboards & KPIs Visualize your spend by category, supplier, entity, site, or period with interactive dashboards, and track your key indicators.
- Spend consolidation Centralize data from your ERP, orders, invoices, contracts, and sourcing events into a single, actionable view.
- Classification & categorization Automatically structure your spend into procurement families and sub-categories, and identify miscategorized or uncategorized spend.
- Supplier analysis Identify your strategic suppliers, dependencies, and opportunities for consolidation and rationalization.
- Savings opportunity detection Spot savings pockets: volume bundling, supplier consolidation, price gaps, and scattered spend.
- Contracted spend analysis Distinguish contracted from non-contracted spend to measure contract coverage and strengthen procurement compliance.
- Off-process spend detection Spot purchases made outside approved suppliers, contracts, or defined processes (maverick buying).
- Trend analysis Compare spend across periods and detect unusual increases or shifts in buying behavior.
Why this module makes the difference?
Faster analysis, better-informed decisions and greater control over your spend.
- Identify new savings Spot the categories, suppliers, and volumes with the highest negotiation and rationalization potential.
- Gain full visibility Get a consolidated view of spend, suppliers, and procurement categories in a single place.
- Strengthen your negotiating power Consolidate volumes and analyze spend history ahead of your negotiations and supplier sourcing events.
- Improve procurement compliance Identify off-contract, off-supplier, or off-process spend to reduce uncontrolled purchasing.
- Steer with reliable data Give Procurement, Finance, and Management shared indicators to facilitate decision-making.
- Speed up your decisions Move quickly from spotting an opportunity to taking action: negotiation, sourcing event, or contract renewal.
- Less cost. More value. Better control over your spend for a more effective and sustainable organization.
Identify an opportunity and turn it into action
A simple, structured process to turn your spend analysis into concrete, measurable actions.
- Consolidate Centralize your spend data.
- Analyze Explore spend by category, supplier, and organization.
- Detect Identify potential savings, anomalies, and off-contract spend.
- Decide Prioritize the categories and suppliers to act on.
- Source Launch a sourcing event or negotiation directly within your Source-to-Contract process.
Want to see Spend Analysis in action?
Our experts walk you through the module on your own use cases.
Request a demo