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Spend Categorization

Spend Categorization, powered by the Category module, helps you structure and analyze spend by procurement category revealing patterns, outliers, and supplier trends. Automated classification, such as UNSPSC, enhances accuracy and delivers deeper insights.

  • Category Overview

    Gain a high-level view of category performance

    The Category overview offers a comprehensive view of spend across major procurement categories like IT, Marketing, and HR. It supports both high-level overviews and detailed drill-downs, enabling users to identify spend outliers and track category-specific performance metrics.

  • Category Hierarchy Tree

    Explore categories in a structured hierarchy

    Drill down into individual categories to uncover specific spend patterns and detect unique opportunities to each category.

  • Spend & Invoices over Time

    Review trend analysis by category

    Track spend trends over time to uncover recurring patterns and pinpoint significant shifts in category behaviour.

  • Category Fragmentation

    Identify strategic vs. tactical supplier spread

    Use the category fragmentation graph to quickly visualise your strategic supplier landscape within each category.

Supplier Insights

Supplier insights are provided by the Supplier module, which offers a centralized view of supplier data and performance. It enables users to evaluate supplier relationships, manage risk, and uncover savings opportunities. Through advanced segmentation and analytics, it also helps prioritize strategic partnerships and streamline procurement operations.

  • ABC Analysis

    Target Suppliers for Enhanced Relationships

    ABC Analysis classifies suppliers based on their spend contribution and risk profile, helping prioritize strategic relationships and streamline procurement efforts.

  • Pareto Analysis

    Focus on the 80/20 Spend Distribution

    The Pareto view highlights the top 20% of suppliers that account for 80% of total spend, helping organisation to focus on the most impactful relationships.

  • Supplier Cockpit

    Detailed suppliers' insight analysis

    Dive into individual supplier profiles to analyse monthly spend trends and category-level breakdowns, offering a clear view of supplier-specific purchasing behaviour.

Compliance Monitoring

Compliance monitoring happens with the Compliance module, which provides a centralised view of supplier compliance and procurement governance. It helps organisations monitor adherence to internal policies, regulatory requirements, and contract terms, supporting risk mitigation and ensuring procurement practices remain aligned with organisational standards.

  • Spend Under Contract

    Gain Procurement Compliance Insights

    Gain visibility into organisational spend that aligns with existing contracts, ensuring procurement activities remain compliant and contractually sound.

  • Invoices with POs

    Monitor Purchase Order (PO) Compliance

    Track the number of invoices linked to purchase orders to ensure alignment with procurement processes and improve financial traceability.

  • Contract Payment Term

    Use Historical Terms to Strengthen Negotiations

    Review contract payment activity to support negotiation strategies and strengthen your organisation’s cash flow position.

Cost Optimization

Cost optimisation happens with the Savings module, which offers a centralised view of supplier-related savings opportunities. It helps organisations identify where to save, launch targeted initiatives, and track progress. By analysing performance, contract utilisation, and transactions, it enables data-driven cost optimisation across procurement.

  • Identify Saving Initiatives

    Easily Identify Overpriced Products

    Leverage AI-based identification of similar parts to compare prices across suppliers, detect inconsistencies, and uncover hidden savings opportunities.

  • Phased Realised Savings

    Explore Yearly Savings Outcomes

     Review completed savings initiatives and assess their financial impact across multiple years.

  • Saving Initiative Tracking

    Monitor the Progress and Impact of Savings Efforts

    Monitor both ongoing and completed savings initiatives, with detailed breakdowns by category and entity where applicable.

  • Project Tracking

    Track Ongoing Projects and Their Financial Contributions

    Track the status of your ongoing savings projects, from initial identification to full completion, while clearly distinguishing project types such as tenders, contract renewals, claim management, or cost-cutting initiatives.

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