Procurement leaders of global enterprises are facing increasing challenges to do more with less in today’s intensely competitive landscape where spend management is one of the key factors of survival. Disparate data from disparate data sources can present significant challenges to the procurement team while conducting a spend analysis exercise.
Initial consultation and advisory services related to sourcing goals and objectives
Data aggregation services involving collection of data from various repositories
Data entry services for converting paper invoices / spend reports into digital entries where required
Data cleansing and data normalization including supplier categorization (by UNSPSC or custom taxonomy)
Final Spend Cube preparation (see ProcurePort’s Spend analysis process for more details)
Web based access to our Analysis software for On Demand Analytics
Identification of Addressable vs. Non-addressable spend
Consulting and strategy on e-sourcing techniques for generating cost savings & supplier mix optimization for all addressable spend
If you are looking to get a clear picture about your organizational spend without having to dedicate internal resources or implementing an expensive in-house spend analysis tool, contact ProcurePort.
Learn how ProcurePort’s Analysis Services and Software can help your business with your Spend Management. Contact us today to get an estimate on your spend analysis / Spend Visibility project.
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Chat with one of our experts to discuss how we can help you with your Spend Analysis project. Its easy to gain insights into your spend data with the ProcurePort Spend Analysis Service.