While data and analytics can help improve decision-making, strengthen negotiations, and develop category strategies, they can also become a burden for procurement teams. Collecting, cleaning, and crunching data requires significant time and effort. Spendscape’s spend management solution tackles this challenge.
Our solution is built on the pillars of transparency, insights, and impact. The foundation is transparency: We create a single source of truth by extracting procurement data from ERP systems and other data sources. Then, we elevate the data using tools such as generative AI for supplier consolidation and categorization; we further enrich it with market indices, emission factors, or material specifications.
Transform spend data into informed decision-making, actionable insights, and meaningful impact with our spend management solution
Our insights are curated around analytical journeys that serve specific business needs—from creating a fact base for supplier negotiations to tracking category strategy performance to gaining visibility on carbon emissions, supply chain risks, and supplier diversity. Our platform fosters 360° visibility into your responsibilities.
To ensure these insights drive measurable impact, we’ve implemented a closed-loop impact management solution. This allows you to track initiatives throughout implementation stages and compare outcomes to actual data from Spendscape.