Build Baseline Facts
Spend Analysis & Business Case
Helps the buying organization and/or its agents build a consolidated and enterprise-wide fact-base of historical Direct & Indirect expenditures. Provides data capture (from legacy/enterprise systems and other procurement data bases) and migration templates and tools.
With spend analysis and categorization tools/templates the buyer can decompose and classify spend by commodity or category type, by business unit, by functional department, by organizational entity or by Vendor/Supplier. A spend "build up" enables the buyer to "concentrate" enterprise spend value and volume and identify opportunities for leverage and spend reduction – build the business case for strategic sourcing.
Analytics, Templates, & Workbench for Complex Services and Goods
- Internal Data Request template
- Supplier Data Request template
- Spend Analysis & categorization tools
- Substitution Analysis template
- Supplier Price Comparison template
- Spend Variance Analysis template
- Spend Categorization & Aggregation template
- Usage/Consumption by Buying Organization
- Savings capture template
- Resource Allocation Simulation tool
- Supplier Cost Structure template
- UNSPSC Classification of Services and Good
Research Capabilities
- Bid Optimization Tool
- Estimation Tool
- Industry Research/SME
- Supply Market Databases
- Professional Databases
- Procurement Journals
- Reporting
Insights & Templates
- RFQ Template Samples
- Bid Packages Samples