Sourcing and Procurement Data Visualizations with a Highly-intuitive Experience
We provide our customers elegant graphical user interface (GUI) and powerful charts that provide incredible visualizations with a simple click of a mouse. If you can navigate a website, you can use the analytical suite easily. It is so highly intuitive and easy-to-use, anyone can begin using the system from the moment they login for the first time–no training needed. Executives and analysts alike can easily navigate to find the insights they need to drive their strategic sourcing priorities.
Strategic Sourcing and Procurement Analytics Suite:
- Suppier Spend Analytics
- Category Management Analytics
- eRFx Risk Analytics
- Contract Analytics
- Sourcing Event Analytics
- Spend Tracker Analytics
- Supplier Performance Analytics
Spend Details by Category and Vendor
Click through interactive charts depicting your spend data to a sub-category level. Areas of heavy spend are clearly represented, giving you the insight you need to drive sourcing discussions. View details that will give you a clear picture of how spend with any vendor is distributed across your spend profile. Gain a fast understanding of parent-child vendor relationships, and even review single vendor spending by customized dimensions to instantly uncover anomalies.
Spend Comparison Functionality
Simple, elegant charts will illustrate how your category spend is distributed across custom dimensions. Easily compare your category spend in each dimension to recognize savings opportunities. Analyze a comparative line chart depicting spend across categories at two different time intervals. Gain a bird’s eye view of your entire spend profile, or dig deeper by drilling down to the sub-category level. Adjust your time intervals easily to study spending trends.
Spend Compliance Tracking
You can’t save what you can’t see. If you have a large amount of spend with non-preferred vendors, then you will see it clearly depicted in the reports. The compliance dashboard will show you a high-level overview of your compliant, non-compliant, and unmanaged spend across sourcing categories. Explore spend in categories that are not aligned with a preferred vendor. Analyze to the sub-category level to uncover sourcing opportunities that will drive savings and a higher rate of compliant spending across your organization.
Pricing and Savings Reporting
Recognize the number of times your procurement team paid too much for a given item number, based on your preferred vendor settings. Easily identify non-compliant spend trends within a given time frame from a high-level or down to line-item detail. Easily identify savings gained from strategic sourcing initiatives and the implementation of compliance management. With one simple report, generate proof of procurement ROI.
Actionable Order Analytics
Analyze your orders by category with sophisticated, interactive renderings of your average order size over time. Also gain clarity into your order history by layering in buyer and location information. Easily identify which buyers purchase the most within a category over a given time frame. Click through interactive graphs that depict your average order size within a category. View a month-by-month comparison of purchases made within a category by order size. Click a buyer name to drill into further detail, including purchases made by item code.
Beautiful and Robust Reports
Easily export reports to Microsoft Excel. From pre-defined reports that are ready in two clicks, to highly strategic custom reports built using the interface, you have everything you need to share your newfound insights at your fingertips. Export from a list of reports that are set up to for easy export, or specify the columns you wish to view and the timeframe from which you want the data to render. Pre-defined reports include pre-set columns from a listen time frame. Data exports directly to Microsoft Excel.