The ability to identify meaningful savings opportunities is key for procurement teams, especially in an economy scared by recession.
Often, low quality data gets in the way. Or it is a lack of in-house capability to meaningfully interpret the available data.
Based on your accounts payable ledger and credit card expense data, our machine-learning tool SPAT identifies how much you are spending on what and with whom. Our experienced procurement consultants then analyse your results to pinpoint where your biggest savings opportunities are.
We don’t stop there. We provide you with a list of actionable recommendations on how to reduce the spend through the four spend levers: Pay Less, Buy Cheaper, Buy Less and Buy Smarter.
Automatically Categorise Spend and Present in Dashboards
We use PowerBI to present your spend data in an executive friendly manner. You can drill down by Cost Centre, Financial Year, Spend Category and Supplier. This is all enabled by SPAT which automatically categorises each of your invoices to a UNSPSC category or your own category tree.
Show Results Today
We work with our clients to turn the insights from spend analysis into actionable category strategies. We focus on what counts today: rapid risk and cost reduction, not lengthy category plans.