Have we mentioned how much we like simplicity? Don’t worry about the format, quality, or consistency of your data. Just share what you have and our experts will do everything needed to get a clear picture of your organization’s spend.
Identify purchasing trends, product and service commonalities
Better understand current market conditions, supplier strategies, and potential savings opportunities
Get the information needed to negotiate better terms with your suppliers
ProcurePort accepts data from multiple sources and in any format; providing our clients with a simple path forward. In short, gather your data as you have it and we’ll take care of the rest.
The next step is to merge all the data ﬁles from the various sources into one single ﬁle, while ensuring that the original data references are intact. Giving you a single source of truth.
Removal of duplicate records, caused by disparate systems, ensures that spend is not counted multiple times during analysis and that you can trust the accuracy of the data.
We have industry experts that ﬁnd issues, like misspelled names that can create unnecessary unique entries, that skew the ﬁnal analysis results.
Delivering a custom grouping that is speciﬁc to your needs; which leads to effective decision making and appropriate ﬁnal e-Sourcing strategies.
The spend cube is the ﬁnal output of our analysis process. The spend cube allows you to look at all of the analyzed data from a variety of angles.
We provide answers to critical questions that are at the heart of efﬁcient procurement.
ProcurePort’s Spend Analysis intuitive dashboarding solution will allow you to take the insights gained during the spend analysis process and conduct multiple scenario analysis to optimize your spending.
Comprehensive insight into suppliers and supplier spend patterns
Opportunity for increased cost savings and supplier consolidation
Real-time view into supplier pricing trends and contract compliance for better contract management
Improved sourcing decisions based on comprehensive and accurate data
Improved supply management and supplier management
Detailed visibility into all your indirect spend so you can employ the right procurement strategy for maximum cost reduction
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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 Software.