Spend analytics
Understand your spend according to various categories like spend by category of purchase, supplier or any other criteria.
Understand price performance of a category over a period of time which helps your to understand price variations and increased cost per unit item
Variance analysis : Understand the variance across Invoice in comparison with contract prices
Procurement Performance
Keep track of the overall performance of the procurement.
Understand the performance of procurement teams for different types of materials procurement from PR to Materials received till payments made to the vendor.
Contract Analysis
Analyse contract & off-contract purchases and track contract adherence regarding all the purchases made
Contract leakages: Track percentage of contract leakage to the total purchase amount
Supplier Performance
Track every individual supplier performance and in comparison with all others.
You can also analyse supplier on many parameters like % received late vs early vs on-time,% Accepted & rejected
% partial amount delivery, Average purchase cycle etc
Logistics Performance
Track & understand your overall Logistics costs and find hidden patterns in your spend.
Transport Optimization
Identify the patterns in cost outliers of logistics
Inventory Optimization
Minimize inventory for better cash flows
You can also analyse supplier on many parameters like % received late vs early vs on-time,% Accepted & rejected
% partial amount delivery, Average purchase cycle etc
Logistics performance
Track every individual supplier performance and in comparison with all others.
You can also analyse supplier on many parameters like % received late vs early vs on-time,% Accepted & rejected
% partial amount delivery, Average purchase cycle etc
