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A FASTER, SIMPLER WAY TO ACHIEVE SPEND VISIBILITY

With our proprietary spend analytics software, strategic sourcing teams can uncover detailed spend analytics for data insights and drive savings, confidently. No matter your industry, Sourcing Insights will revolutionize how you analyze your spend and steer you toward a strategic sourcing strategy that drives dollars to your bottom line.

When it comes to optimizing your costs for the long-term, spend visibility is not an option. It’s a necessity. If your procurement function lacks high-quality sourcing data and spend analytics, driving savings can be a real challenge. That’s where Sourcing Insights comes in.

Our full-service solution pairs procurement-focused consulting services with world-class technology to enable clear insights into your spend so you can save wisely. Imagine what your organization can do with a powerful spend analytics solution like this combined with decades of expertise from professionals who have firsthand experience with the challenges you’re facing today.

YOU DON’T NEED MORE DATA, YOU NEED MORE INSIGHTS

Spend analysis involves reviewing procurement spend to decrease costs, increase efficiency, and/or improve supplier relationships. Procurement spend analytics collects, cleanses, classifies, and analyzes spend data through our dedicated software, SourcingShark.

With spend analytics, you can proactively identify savings opportunities, manage risks, and optimize the buying power of your organization. It’s a fundamental foundation of sourcing as well as a tool for sourcing executives who wish to drive superior performance.

Data from spend analysis can improve your visibility into corporate spend, allowing for optimal performance, contract compliance, and most importantly, cost savings. By analyzing procurement spend, you can receive the data you need to measure improvements and make smart decisions that lead to short and long-term savings.

As procurement transitions to a more strategic function, spend analysis becomes a vital strategic technique for maximizing value.