Significant year on year savings opportunities are missed by the lack of accurate and effective spend data.
However, obtaining a clear consolidated view of spend on which to maximise buying decisions and measure performance can be very difficult.
Procurement professionals are coming under increasing pressure to:
- Identify and deliver future cost saving initiatives
- Increase efficiency and enhance operational control
- Measure and track organisation wide spending
- Analyse and benchmark supplier performance
- Measure and enforce contract compliance
SpendGuardian™ delivers against these challenges through the transformation of detailed transactional data into usable spend intelligence. SpendGuardian™ Analytics unlocks value in data that would otherwise remain hidden.
Our proprietary web-based Spend Analysis tool, SpendGuardian™, provides procurement and finance professionals with accurate, valuable and on-going information over spend, suppliers and contracts.
SpendGuardian™ Analytics provides a single centralised reporting platform which will:
- categorise disparate data into a single commodity structure (utilising our advanced data and supplier mapping processes]
- cleanse and rationalise the supplier base
- create a broad range of reporting metrics and benchmarks tailored to procurement professionals
- provide an intuitive, dynamic and flexible reporting interface with full drillthrough, report-build, export and user security features
The comprehensive reporting suite is tailored to align with your procurement and financial management strategies.