Get a clear idea about the spend with drill-down to item-level analysis. Understand STC and PTP team effectiveness to track and improve the performance of the entire procurement team.
From material dashboard analysis to what-if analysis, understand the strategic management of spend and implement the best sourcing methodology. Improve engagement, diversity, and effectiveness.
Get your contracts under control from negotiation to renewal and gain clarity regarding compliance, commitments, cycle time, tech adoption, and more. Proactively manage more than just contracts.
Build robust supplier synergy with strong partnerships that fuel your success. From optimizing onboarding to consolidating fragmented vendors build hierarchical supplier network with enablement tracking
Whether it is your cycle time or order delivery perform reconciliations effortlessly with automated workflows and real-time visibility. Tie together your purchasing process, order invoices, and supplier data.
Find the balance between keeping your suppliers happy and streamlining your cashflow. Improve your payment terms, track late/unpaid invoices, eliminate non-po invoices with 3-way matching exceptions,etc.
Are the KPIs we're tracking right for our analytics maturity? If this is something that concerns you - take a look at our Periodic table of Procurement Analytics.
Know if you are addressing the fundamental, high value, noble, or the rare KPIs. And also, about the natural progression of procurement analytics for finance, strategy, and operations!
Streamline the requisition-to-purchase process and build governance with a bird's eye view! With Procurement 360°, you can:
Upto 40% decrease in Purchase order processing time and also requisition to order time reduction
Upto 40% decrease in Purchase Order processing time
Spending from diverse suppliers and geographies increased by 4%
Increased days payable by upto 7 days
Yes, with pre-built templates and trained algorithms we are able to provide actionable procurement insights for your data in just three weeks. After the data is prepped we leverage two weeks for the program roll out and one additional week for training the end-users.
The cost will be based upon the customizations you would need. Please contact us if you are looking to know more information
We understand that Data security for procurement and finance, as it is particularly crucial for them to handle sensitive information like supplier information, including financial records, purchase orders, transaction data, performance evaluations, and more. Therefore we ensure that all the information is securely hosted and security permissions for users will be provided as per your requirements only.