Change with Impact

Spend Analysis

Get a full overview of spending with Spend Analysis

Spend Analysis provides a full overview of expenditure and the basis for an informed dialogue about organisational spending.

Spend Analysis

Implement has developed a Spend Analysis tool that allows your procurement function to analyse spending across the organisation.

By extracting information from the organisation’s various systems the tool processes, structures and correlates all relevant purchase data, giving you the reliable input you need to make necessary adjustments or purchase planning for the future.

Full overview, in-depth analysis and regular reporting

With the Spend Analysis tool, your procurement function can:

  • Get a full overview of all organisational expenditure and purchase processes – for example, amount of purchases per supplier; types of items bought; purchase patterns per division, business unit or country; the purchase process (P2P), including issues such as lead time, transport, invoicing etc.
  • Conduct continuous analyses of organisational spending – with data at hand at any time, procurement can analyse and run regular updates on any type of spending across the organisation.
  • Report on and prioritise new initiatives – updated purchase data helps to identify, prioritise and plan future sourcing and tender activities. The tool’s reporting function can also monitor and report on existing purchase projects as well as identify the potential in new projects.

Implement’s Spend Analysis tool is based on (but not limited to) QlikView®. It comes with a standard data model. However, other types of data models and analysis functions can be integrated to meet the needs of your organisation.

If you wish to learn more about the Spend Analysis tool and how to implement it in your organisation, please contact Aage Lemche-Romvig or Jens Priergaard Nielsen.

Aage Lemche-Romvig
Aage Lemche-Romvig
+45 3085 8012

Articles

  • Solution Buying® – Sourcing for impact

    Buying is selling, only reversed. The core focus of procurement has always been costs – managing and driving down external costs, as reflected in the typical KPI for procurement of % annual savings.

  • Deriving business value from cost allocation and portfolio management

    A lack of cost allocation may lead to suboptimal demand. Effective control and execution of the cost allocation process pave the way for efficient demand management. Impact on a business level as well as on a behavioral level requires improvement of cost effectiveness and cost awareness through application portfolio and business process management as well as cost allocation practice.

Implement Consulting Group