Spend Analytics
Helping you get clarity on the who, what, why, when, where and how
Better visibility of spend means better budget management
Detailed spend analysis underpins every procurement decision, including your approach to market, contract design and risk management. It enables a category management approach and informs choices about how many suppliers you need.​
Our Approach
Working together, we’ll analyse your current spend, planned spend, current suppliers and associated contracts to gain a thorough picture of the cost landscape within your business helping you get clarity on:
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Who you are spending your money with
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What you are spending it on
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When this spending occurs
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Where in the business the spend originates
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How much you are spending with each supplier and how those contracts are formed
Outcomes
Upon completion of a spend analysis, you can expect a greater understanding of the market, competitive forces and external factors which influence your cost base. This insight is key to effective decision making and facilitating better informed, long term budget management.