The Spend Cloud’s analysis feature
With Spend Analytics, you have insight into complete processes and can go beyond monthly reports. Improvements are clear so you can start optimizing at any time.
Whether you’re a procurement professional, controller accountant, or other: Spend Analytics is the way to go.
What are the advantages of Spend Analytics
- Optimise your procurement flows
Spend Analytics divides your invoices into product groups that are linked to account ledgers. You can carry out various analyses on this. Procurement volume, an ABC analysis, the top 25 spends and the Kraljic matrix provide valuable insights for optimising the procurement process.
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Minimise your processing costs
The creditor summary provides an insight into the processing costs per creditor at a glance. You therefore know exactly which supplier you need to engage with to save on costs.
- You are assured of the correct audit information
The Spend Cloud automatically captures all important actions in an audit trail report. This report is periodically validated by our auditor, so you can be sure the information is always accurate and complete.
More information?
ABC analysis, top 25 spend and the Kraljic matrix and far more, view all the features of Spend Analytics in the factsheet.
One Spend Cloud, 5 modules
Spend Cloud
The Spend Cloud is a complete solution containing five different functionalities to control all business expenses. You decide which functionalities suit your organisation, at what time.
Read more about the Spend Cloud
Procurement
The Procurement module streamlines the procurement process and offers control over employees’ ordering habits. Combining the Procurement module with the Invoicing and Contract Management modules gives you control over the whole Purchase-to-Pay process within a single Spend Cloud.
Read more about Procurement
Invoice Processing
The Spend Cloud’s digital invoicing gives your organisation insight, oversight and control over this time-consuming process. Combining the Invoicing module with the Procurement and Contract Management modules gives you control over the whole Purchase-to-Pay process within a single Spend Cloud.
Read more about Invoice Processing
Contract Management
The Contract Management module is part of the Spend Cloud. This module makes management of contracts simple and transparent and prevents undesirable contract extensions. Combining it with the Procurement and Invoicing modules ensures the whole Purchase-to-Pay process can be managed within a single Spend Cloud.
Read more about Contract Management
Cash & Card
With the Cash & Card module, employees receive payment cards for their business expenses. These cards can be fully controlled by the organisation itself. This offers convenience for employees, and control and oversight for the organisation. Combining the Cash & Card module with other modules enables management of all expenditure streams within a single Spend Cloud.
Read more about Cash & Card
Expense Claims
The Expense Claim module makes claiming expenses a clear and streamlined process. Combining the Expanse Claim module with other modules in a single Spend Cloud enables central management of all expenditure streams.
Read more about Expense Claims More information about spend analytics?
ABC analysis, top 25 spend and the Kraljic matrix and far more, view all the features of Spend Analytics in the factsheet.
