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Spend Analysis
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Struggling with disparate data from disparate data sources? ProcurePort uses the following four stage process so that you can uncover hidden savings through spend visibility. Data Cleansing Data Normalization Spend Categorization Generate Spend Cube Procurement leaders of global enterprises are facing increasing challenges to do more with less over the next 12 to 18 months due to the uncertain economy. ProcurePort’s Spend Analysis services include: Accurate categorization of many types of spend, including direct, indirect, and MRO Categorize spend to UNSPSC and other taxonomies, including custom proprietary ones Spend visibility drilled down to P.O. line item detail Single spend management database for a complete spend analysis, capturing detailed data from required legacy systems and databases, including transaction systems, Purchase Card spend, time and expense systems, physical invoices, etc. Spend Categorization of both internal commodity categories and external category schemes Item content cleansing toolsservices and reference controls User friendly tools for exporting and importing data - Excel, CSV, XML Data normalization tools to normalize spend by suppliers, categories, UNSPSC, due to seasonality, severe weather, un-planned vs. planned outages, etc. Multiple concurrent product schemes taxonomies with cross-referencing to each other and to external schemes, including features like aliasing Ability to identify sourceable vs. non-sourceable spend Learn how ProcurePort’s Spend Analysis can help your business with your spend management. Contact us today to get an estimate on your spend analysisSpend Visibility project. Save 18% - 40% with the use of eRFX and online auctions. Contact us today to discuss the various auction formats such as reverse auctions, forward auctions, dutch auctions, Japanese auctions, sealed bid auctions, etc. and see what fits best with your sourcing needs. Spend Analysis
spend management
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spend management
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Spend Analysis Services
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Spend Analysis Services, build operate transfer services
