Spend Analysis help companies visualize, control and optimize the money they spend. We help customers in cleansing, classifying and enriching Spend data (direct material and indirect material) that helps Sourcing Managers make informed decisions resulting in substantial cost savings.
Creating the analytical “cube”, which means dividing the spend data by business unit, category, region and vendor forms the foundation of all our work. We implement spend analytic tools such as Ariba Analysis, Zycus, Oracle Endeca Discovery, and other software. We also have experience in using these tools for Spend Analysis
Our Spend analytics teams help bring together the Accounts Payable, PCard and Purchase Order data and using the tools and analysis, bring in the savings, improve processes, help reduce maverick spend, manage risk, work on over payments if any, procure cooperatively, ensure compliance, provide benchmarks, and quantify savings.