Spend Analysis as a Service Platform
Powered by decades of sourcing experience, SpendConsultant makes it easier than ever to achieve a detailed, actionable look at your company’s spend data. Its Spend Analysis module collects, cleanses, and categorizes your data with uncommon speed. While many solutions take months to sort through years of data, SpendConsultant can sort through even the most complex data in a matter of weeks. Even better, the platform’s user-friendly interface makes it simple to interact with your company’s historical spend and sort it by region, business unit, time period, supplier name, category, or subcategory.
Lots of tools can cleanse and categorize your data. What really sets SpendConsultant apart is its unique Opportunity Assessment module. Enriching data analysis with sourcing expertise, it reveals opportunities to reduce costs and develop more efficient sourcing strategies with the following insights:
- Savings Opportunities by Spend Category
- Savings Opportunities by Spend Subcategory
- Tips and Best Practices for Sourcing on a Category or Subcategory Basis
- White Papers and Other Documentation Relevant to your Spend Categories
What Makes SpendConsultant Different?
- We don’t provide spend analysis “software”. We provide a spend analysis service that results in a cloud-based, software-like experience. This means we won’t need to get your IT department to assist us with lengthy systems integrations.
- Our strategic sourcing taxonomy was developed exclusively for procurement groups over more than two decades. We recognize that archaic classifications like UNSPSC or NAICS that don’t provide any real value.
- We can conduct a thorough data analysis in as little as 4-8 weeks.
- Our pricing for spend analysis and opportunity assessments is remarkably competitive for such a unique and robust tool.