Procurement
Spend Analytics & Reporting
Too much data from disparate systems?
We consolidate, categorise,clean and visualise any datafrom any system.
We consolidate, categorise,
Want to use your procurement data better?
Your business generates an enormous amount of data every day.
Are you using this to its full potential?
Procurement professionals often struggle with vast amounts of complex & disparate data.
Consider outsourcing your data-related tasks to our expert Procurement Analysts.
Trained in the nuances of Spend and Contract Data, they are ready to assist you. Access skilled professionals equipped with the latest tools, algorithms, and techniques to manage your data efficiently.
Your outsourced analyst can clean, categorise, analyse, and visualise multiple data sets from various sources.
They will help you generate rapid reports for presentations and tender responses, as well as identify hidden opportunities for cost savings and efficiency. Take the hassle out of data management and let our experts handle it for you!
Procurement Analysis as a Service.
We will assign you a dedicated procurement analyst who will be responsible for the following:
- Data collection & integration: Assist in gathering data from multiple sources into a single, organised database and clean data by removing duplicates, correcting inconsistencies, and completing missing information.
- Data categorisation & classification: Organise spend data into categories for analysis and benchmarking using taxonomies (including UNSPSCĀ®) to classify spending into clear, mutually exclusive subcategories.
- Data visualisation & dashboards: Provide at-a-glance views of your organisation’s spend profile with ready-to-go visualisations or custom builds to display spend by category, supplier, department, or location, including interactive features like drill-down capabilities and filtering options.
- Data analysis & insights: Generate valuable insights from your data, conduct category opportunity analysis for cost-saving and optimization, create savings reports to showcase potential and actual savings, and develop compliance reports to identify out-of-contract spending and provide action plans.
- Data benchmarking: Benchmark pricing against the market to identify overpayments or value discrepancies and access over $80 billion of benchmarking spend data for comprehensive analysis.
Analyse
& Benchmark Spend
with ProcureTRAK
Procurement Consulting Services
Reporting & Analysis
Cross-sector experience spanning
multiple industries
Government
organisations
View here >>Publicly listed
companies
View here >>Not-for-profit
organisations
View here >>Privately owned
business
View here >>Get your complimentary Category Strategy Tool!
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