Advanced Spend Analytics. It's that simple!
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 or notifying you if you are overspending on certain products. With ASA if you are overspending on a product/service that we can track, you will receive automated notifications to alert you.
You can finally visualize spend data across a decentralized process, & drill down to number of keyboards you’ve purchased in a year or how many different providers of milk your staff use.
Plus, our carbon tracking & reporting tool allows you to reduce delivery mileage from your suppliers to your sites.
Powerful detailed reporting for the future of procurement & finance, making it possible to achieve the extraordinary, all with a non-existent learning curve. Just log in & see your Advanced Spend Analytics. Digital Procurement just became attainable for any business.
What does Advanced Spend Analytics do?
All New: Carbon Tracking & Reporting
The only way your company is going to be able to report on carbon emissions is if you can track where they're coming from.
Our Carbon Tracking & Reporting tools give you the information you need to fulfil SECR & Net Zero reports...
Why do you need Advanced Spend Analytics?
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.
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.
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.
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.
Where data allows, 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.
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Build a strategic, long-term recurring subscription & services revenue stream year-on-year, with full visibility & direct control over trials, new customer deployments, upgrades, technical support & professional services.
Want to download the Advanced Spend Analytics fact sheet?
It's all on this page, but in case you want a copy to email around your office, send to your boss, or show your mum, click the button to download a pdf file. (no form needed!)
Want to learn more about Advanced Spend Analytics?
Download the Advanced Spend Analytics infographic to find out how to gain access to detailed reports on a wide range of expenditure areas. Let us show you how you can save money by analyzing your spend with advanced spend analytics.
We compiled data to provide a guide on the potential savings that can be achieved by most organizations through improved purchasing processes, delivered through CompleatProcure applications & services.
The purpose of this guide is to ensure that the other key factors required to deliver a successful Spend Control project are also addressed during the selection process.