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.
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One Spend Cloud
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.