For insight on your pricing to discover deviations from market trends, the economic impacts of pricing, find specific opportunities for additional cost savings and forecast future trends. This acts as a prescriptive system, driving strategies in worse-performing areas.
Unlike other solutions, normalized invoice spend data is analysis-ready, removing the lift from IT, costly third parties or internal groups to high-grade and analyze.
This allows you to focus on your core business and realize your cost reduction goals faster through a data-driven strategic sourcing strategy. Examples include RFQ analysis, strategic sourcing, vendor consolidation, D&C campaign management and asset optimization initiatives.