Sourcing executives are often required to visualize data across too many disparate systems to tap savings opportunities. Spend Analysis provides the enterprise-wide visibility to identify potential savings and achieve long term strategic goals.

Internally, a tremendous amount of time is spent preparing the data to perform the analysis, which reduces resources dedicated to actually sourcing goods and services. Pcura Spend Analysis help identify and aggregate spend at item and category level, which transactions should be mapped with matching items or categories.

The module provides ability to slice and dice spend data and thereby assist buyers with their strategic procurement decisions.
Spend Anyalsis

  • Key Features
    •Data profiling and validation
    •Data cleansing and enrichment
    •Supplier normalization
    •Classification of SKU commodities to custom or industry standard taxonomy
    •Step by step analytics to help users prioritize and select commodities for sourcing
    •Ability to search/sort/aggregate items by keywords
    •Possibility to estimate savings opportunities
    more
  • Your benefits
    •Optimize supply base
    •Attain leverage for the category you buy
    •Aggregate demand across OpCo's/Countries
    •Opportunity to negotiate lower cost contracts (particularly useful for indirect spend analysis and collaborative negotiations preparation)
    •Monitor compliance
    •Monitor performance
    •Modular approach (per department, location, category, supplier)
    •Transversal spend visibility throughout all OpCo's
    •Significant savings
What is Pcura Spend Analysis

 

Pcura, a green sustainable services provider in the strategic procurement outsourcing space. An impartial provider of strategic inputs, we also implement strategies and deliver savings. We have a track record for helping leading organizations to improve operational efficiency, effectively handling change management and deliver higher savings from their procurement function

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