Spend Analysis

  • Collect and synthesize purchasing data from heterogeneous information systems
  • Enrich and Classify for Intelligent Analysis
  • Identify Opportunities and Risks for action

Precise mapping of spend is a fundamental need for any purchasing department, however it often runs into major obstacles.
How to repeatedly collect heterogeneous spending data stored in different systems, within different repositories? How to recognize similar items in the data even if they are described differently? How to analyze the data along different dimensions and sort it easily?

The Spend Analysis module of Ivalua Buyer was designed to provide an efficient end-to-end solution to this problem. Upstream, a powerful data gathering tool allows the mass retrieval of purchasing data from all existing sources (ERP, other information systems, Excel files, etc.). Then the data passes through Enrichment processes to identify WHAT is being bought and from WHOM.

This enrichment system has the advantage of being auto-learning, which means that corrections will not reappear during future data imports.

Finally, once the data is enriched and classified, it is available for real-time multidimensional analysis or for custom report creation.

Import and treatment of data
  • Data import tool, capable of loading files from multiple sources in multiple formats (ERP, Other IS, Excel files…)
  • Build transformation rules in a simple interface
  • Access and manage deeper enrichment services
  • Analytical functions available at the beginning of the cleansing process, allowing comparison with previous data
  • Workflow-based validation process to publish  cleansed data
  • Consistent enrichment rules for previously imported data
Analyses and Reports
  • Multidimensional graphic analyzer with a consolidation and drill-down function
  • Creation and protection of general and personalized multi-indicator analyses
  • Exports to Excel and Word