Spend Manager is business intelligence for procurement and financial professionals. With spend management solutions integrated with your procurement software solution, you can have complete visibility from high-level trends to detailed transactions at the click of a mouse. The graphical dashboards give you the big picture at a glance.
Whether you are doing strategic sourcing, financial planning, or simply tracking your budget – you need the answers to these questions:
- Which vendor did we spend the most with last quarter, and how can we leverage that to negotiate more savings?
- How long do approvals and order fulfillments take, and where are the bottlenecks?
- How does our performance compare to the competition, and what are our most significant areas for improvement?
- Where are the largest areas of off-contract or rogue spending, and who is making those purchases?
- How much have I spent and committed against my budget?