CompleatProcure Spend Analytics
Spend analytics. One powerful tool that allows finance, procurement, senior management, & stakeholders access to detailed reports on a wide range of expenditure areas. Pretty cool, eh?
Having real-time access to this level of data drives cost, efficiency, & time saving. It's time you joined the party.
How to easily reduce costs with Digital Procurement 💰📉
In the past, you had to spend big to gain discounts to create savings. Now you can get savings right away thanks to digital procurement! No more hoarding goods just for volume discounts, you can see how much items are usually bought & sold for to secure the best deal.
Make powerful savings with your spend data.
The amount of data you can compare is infinite. Let us show you how you can save money by analyzing your purchase orders, invoice header & line data, spend categories, suppliers, among many other reporting structures.
We even go one step further by showing you how your end users are spending money.
Plus, our carbon emission savings tracker allows you to reduce delivery mileage from your suppliers to your sites.
Powerful detailed reporting for the future of procurement, making it possible to achieve the extraordinary.
The Compleat Data Lake.
All orders & invoices through our purchase to pay system are captured into our data lake. It's captured in real time to build a constant reflection of your spend from first transaction to the very latest one.
They are then grouped into industry standard procurement expenditure categories, allowing a total overview on what your business is spending in each category.
This is where it gets fun, we then show you where you could make savings in each of those categories, with the information being provided by our procurement partners.
Reviewing spend over time, allowing future savings.
We provide a monthly or yearly breakdown of all spend by supplier/department/geographical location etc...
When an order is made & completed through Compleat P2P, we make the most of that data by creating an overview, broken down into categories. This indicates where the potential is for savings to be made in each category, allowing for an easy, painless spend optimization project.
Plus, if you have different locations or sites, you can use the geographical map to see which sites are making the most & least savings.
The Carbon Emission Savings Tracker
Make savings whilst also reducing your carbon footprint.
This tool tracks the standard delivery of a transport van between the delivery location & the main delivery hub of that supplier. It then tracks the amount of deliveries from this supplier & shows you the reduction in carbon emissions that can be achieved.
It simplifies that process, allowing you to batch orders whilst also educating your users to place orders in bulk but less frequently.
You can even use this data to support your organizations environmental objectives.
Same product. Different supplier, but cheaper.
Supplier expenditure allows you to review your suppliers in spend order.
Make faster decisions on spend by consolidating your suppliers with Compleat. We simply break down your supplier data into categories to find suppliers with the cheapest unit price, allowing huge savings to be made.
In fact, one of our customers recently saved 17k in a month on paper alone by using this simple tool.
Bringing the saving power of large enterprises to SME's.
Compleat shows a detailed breakdown of the expenditure per category against the potential industry average procurement savings achieved in similar projects.
This provides a starting point for assessing which areas are a priority for cost savings.
More codes & categories, means more data. More data, means more savings. The category mapping tool allows you to see the relationship between your coding of purchase orders & mapped expenditure categories. A simple way of viewing how many codes, supplier categories & suppliers you have set up, to see where more could be added.
Line Level Data Analysis.
For procurement premium users, we provide access to line level detail, giving access to the purchase order & invoice lines that we extract & store for specific customers.
Conducting these detailed pricing & purchasing reviews, this allows the most detailed level of drill down. It shows where each product has been purchased, the unit price & quantity alongside the suppliers product description.
It shows the vast differences that can be made for particular items & places where you can make substantial cost savings.
See where our customers have made a huge wave of savings! 🌊
Have a scan through this research report to see the potential savings that can be achieved by most organizations through improved purchasing processes, delivered through CompleatProcure.
Get a free spend analysis review!
Let us show you how to easily reduce costs with Digital Procurement 💰📉
See the spend analysis tools in action 📹📽️
Watch these demo videos to see the power of CompleatProcure's spend data analysis. Max will take you through a demo of the different elements of spend analytics, allowing you to make bags & bags of savings.
We've made this even simpler for you.
Visual learner? Here's an infographic explaining the benefits of having a procurement strategy.
Prefer words? Download our fact sheet to learn all the features & advantages of using the procurement tools offered by Compleat software.