Managed Insights Services & Capability Building
Workshops and training to drive analytics adoption and impact
A single source of truth for your spend
Having a single source of truth for your spend opens a treasure trove of analytics for idea generation. Our off-the-shelf methods address all common procurement use cases and we innovate continuously to be able to create a bespoke procurement strategy offering for your company.
Addressing all aspects of your spend
We address all aspects of your spend such as category strategy, material prices, working capital, compliance, and risk exposure. For example, our dynamic share of wallet analysis facilitates the definition of preferred suppliers and identification of outliers by visualizing how shares have evolved over time on a company and business unit level. Gone are the days of manual spreadsheet analyses to find the best price for a material sourced from multiple suppliers—our price arbitrage analysis scans all your materials, identifies opportunities, and allows you to immediately generate improvement ideas for suppliers of specific materials.
Optimizing your working capital
You’d like to optimize your working capital to increase resilience and profitability? By jointly applying our payment terms analytics, we help you identify early payments down to invoice level, simulate scenarios for streamlined payment terms, and find any unused discount.
Using analytics to ensure compliance
Procurement is a highly cross-functional process that requires everyone to cooperate and follow standards. Using our compliance analytics, you learn how to monitor adherence to these standards. For example, you can easily identify spend where purchase orders are missing or have been generated after the fact.