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Spend Analytics

License Plan

Improve visibility into complex procurement challenges

Scanmarket’s Spend Analytics provides clear visibility into spend data and the means to forensically interrogate it.​

Identify opportunities for savings with actionable real-time insights. Increase efficiencies and mitigate risks to deliver meaningful strategic business impact.​

Key Features

  • Estimate savings opportunities
  • Make data-driven business decisions
  • Keep maverick spend in check
  • Compare payment terms
  • Increase category intelligence
  • Gain instant visibility into spend data
  • Report on spend instantly

 

Enrich Data

  • Improve data trust and accuracy
  • Normalize data
  • Enrich with 3rd party data

Spend Dashboard

  • Instant overview of all spend data
  • Geographical and language spread
  • Category views
  • Cross-business visibility
  • Control of non-budgeted spend
  • Healthy balance of suppliers
  • Overview of contracts and POs
  • Tail spend reduction


AI-Driven Spend Categorization

  • Automated categorization
  • Utilization of custom taxonomies
  • Reduction of manual processes and human error

Instant Spend Visibility

  • Online reporting 
  • Daily, weekly or monthly spend updates
  • Regular reporting and trend lines
  • Increasing and decreasing trends
  • View of how spend is used
  • Number of active suppliers


Support & Integration

  • 3rd party data enrichment
  • 24/5 support for internal users
  • Support for execution, set-up, normalization and enrichment

Add-on's

Consulting Services

Managed Events

Strategy Consultancy

Training & Workshops

Additional product license plans

We're Here to Help

Some buyers need support throughout the process. Others just want the RFx sanity checked before issuing it. Whatever you need, we are here to help pave the way to successful sourcing.

Contact Us

 

Your source-to-contract software is only as good as your user adoption. Let’s have a conversation about your implementation needs.