Generating a comprehensive spend profile

Quickly and easily generate a more comprehensive profile of your spend on goods & services, than is possible from your internal systems. Know what you spent, where you spent it and with whom.

The Observatory’s ANALYSE functionality has been designed to enable you to interrogate your enhanced spend data and generate the charts, graphs, tables and lists that deliver the answers you are likely to need to inform procurement strategy and to identify opportunities to deliver significant efficiencies, including:

• Which of your suppliers are relatively the most expensive to manage in administrative terms?
• In which categories do you have too many suppliers that might be candidates for rationalisation?
• In which categories do you have too few suppliers that might be candidates for extension?
• Which suppliers are sending you too many small invoices and might be candidates for invoice consolidation?
• How much do you spend locally and with suppliers who are SMEs?
• How much do you spend with newly created suppliers?
• How much do you spend with the Third Sector?
• Which suppliers are overly dependent on you for the bulk of their income?

To arrange a meeting to discuss implementation of the Observatory in your own organisation then please contact us.