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Spend analysis

True picture of your spend

Enterprise-wide visibility and spend analysis are critical to achieving long term value in strategic sourcing. Unfortunately, many sourcing executives are constrained by dispersed, unclassified data across too many disparate systems to facilitate good decision-making and drive bottom-line improvements.

Scanmarket's Spend Analysis solution can help gather spend data from various company systems into a single repository. It is then cleansed, normalized, enriched and classified to provide a true picture of your spend across categories, vendors, business units and more. Scanmarket’s Spend Analysis module provides access to a reporting application able to “slice and dice” spend and provide critical decision support for your procurement initiatives.

A MODULE FOR EVERY NEED

See video about spend analysis

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spend analysis

Key Benefits

Single view into your spend across geographies, categories, ERP’s, business units and more

95% confidence levels on reported spend through rigorous three-phase QA process

Identify opportunities for savings through sourcing activities, spend aggregation, supplier consolidation, payment terms and purchase-price variances

Monitor compliance and identify rogue spending

Demand aggregation opportunities

Savings through PPV (Purchase Price Variance) and sourcing opportunity identification

Get all the details

If you would like to explore this module more, please download the data sheet here.

Download data sheet
A MODULE FOR EVERY NEED

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