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.
A 360 view of your spend
Explore your data from every angle for better visibility and more strategic decisions.
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