Which items represent your biggest purchases?
Good spend management starts with clear spend visibility. Understand your spending trends and patterns to make better purchase decisions
- Track spending trends across products and business units
- Compare prices across your supplier base
- Receive alerts when spends cross the threshold amount
Who are your best performing suppliers?
Your suppliers have a direct impact on your business. Without analyzing their performance, you may be exposing yourself to risks and failures.
- Get a 360 degree view of a supplier relationship
- Analyze performance by key metrics such as lead time, quality, cost etc.
- Get alerted to commitments that aren’t being met
What are the possible cost saving opportunities?
Procurement operations have a direct impact on a company’s profitability. Uncover new savings opportunities with one view of all your pertinent data.
- Compare freight rates for savings
- Eliminate premium freight
- Minimize the cost of poor quality