DATA ANALYTICS

SourcingShark is a premiere spend data analytics technology that encompasses a suite of data management tools, metric management tools and dashboard driven reporting.  SourcingShark excels in its ability to analyze both purchase order spend and non-purchase order spend.  

With the complexity of supply chain in today's world, the ability to quickly and efficiently analyze spend data across the entire organization is not a "nice to have", it is vital to the success of any supply chain.

Sourcing SharkKey Functions:

  • Total spend visibility
    • Purchase order, non purchase order and credit card spend
  • Category Management
  • KPI Dashboards
  • General ledger/cost center tracking
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Data Analytics
Commodities

TECHNOLOGY

SourcingShark is developed for supply chain professionals by supply chain professionals.  SourcingShark's platform is built for speed and efficiency.  Data is quickly analyzed and presented in a format that is both meaningful to the organization and easy to use.  SourcingShark has the ability to accept data from all systems including credit card and purchasing card systems, giving our clients access to their entire spend across the whole enterprise. 

Sourcing SharkKey Functions:

  • Point and Click Hypermedia
  • Visual Analytics
  • Savings Tracking
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Invoice Spend

RISK MANAGEMENT

SourcingShark includes the ability to monitor and identify risks within the client's supply chain.  By analyzing the spend data by commodity groups, SourcingShark supplies the capability to determine areas of rogue spending and adherence to contract commitments.  The Contract Management within SourcingShark provides a platform to manage contractual agreements of all types in a simple and easy tool.  SourcingShark has the functionality to determine duplicate payment of invoices and a resolution tool to manage them. 

Sourcing SharkKey Functions:

  • Contract Management
  • Category Spend Tracking
  • SKU Price Tracking
  • Duplicate Invoice Functionality
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