“46 percent of companies say that less than half their total spend shows up in their current analytic system.”
—Meta Group, October 2004
 
“Each new dollar brought under management can yield 5 percent to 20 percent in cost reductions.”
—Aberdeen Group, December 2004


 

Spend Analytics
   
  
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Enhance Visibility

You've installed spend analytics software that captures less than 50 percent of your total spend. What sort of insight are you seeking and are you getting it?

Industry today loses $260 billion per year to the inability to organize and analyze spend data. Many companies purchase analytics software, only to find that less than half their spend shows up in the reports it generates. Infrequent reporting leads to additional errors in analysis.

In order to deliver on Enterprise Spend Management (ESM) initiatives, managers need on-demand visibility into buyer purchasing patterns and supplier performance. Actionable data and dynamic reports can pinpoint where the road blocks to adoption lie.

How does SAQQARA impact spend?

  • Coverage - Driving more spend through the right processes/systems to give the customer a more complete picture
  • Real-time Spend Behavior - Provide real-time, actionable insight into spend behavior
  • Organization - Classify spend data with business objectives to make it more useful
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