Aggregate, cleanse, classify, and analyze corporate purchasing data. Reduce procurement costs, improve efficiency, and monitor supplier compliance.
A comprehensive spend analytics solution helps gain visibility and dive deep into spend data, track procurement performance metrics, and provides actionable insights to identify opportunities for consolidation of spend and to reduce procurement costs.
Each of your subsidiaries has its own procurement team purchasing the same raw materials from their own vendors. Identify the most suitable vendor based on product, location and price by consolidation of procurement data across subsidiaries.
Rate your vendor's performance over time based on quality, price and adherence to delivery schedules.
Deep dive into the costs of procurement by categories and subcategories. Identify areas of cost reduction and choose highest rating vendors for improved efficiency.