VGPB’s
Spend Analytics
Starter Kit
Designed to equip you with
line of sight across your spend portfolio
so you can ultimately
spot opportunities and gain control.
Comprara is an approved PAS supplier
of the Victorian Government.
Spend Analytics Answers
VGPB Annual Requirements
Agencies have a legislative obligation under the Financial Management Act Sect 54L(4) to comply with the goods and services policy requirements from 1 July 2021.
Comprara’s Spend Analytics directly contributes to 16 of those requirements and 9 indirectly.
Getting to a single source of truth is not always easy.
- Multiple Locations
- Multiple Business Units
- Multiple Products
- Multiple Suppliers
- Multiple SLA’s & KPI’s
- Multiple ERP systems
- Multiple Stakeholders
- Multiple Price Points
- Multiple Quantities
And answers can be difficult to find
in the trail of data
Which suppliers are outside of contract and how much are we spending with them?
Where are we buying the same item at a different price?
Are suppliers charging us agreed rates?
What is being delivered?
Who are we buying from?
What are we buying?
How much have we paid?
How much have we bought?
Who is buying?
How are we tracking on our rebate targets?
Where are we seeing
non-compliant behaviors like
PO-splitting?
Manual spend analysis
is not the answer
- Time consuming
- Difficult processing when multiple sets are involved
- No audit trail recording
- Relying on internal skills
- Not easily repeatable
- Not easily shared for collaboration
- No automated workflow processes
- Prone to errors
- Not secure process
- Not easily scalable
… automated spend analytics is.
- Easily share in different formats
- Smart automated workflow processes
- Increased accuracy
- Secure
- Scaleable
- Quick
- Easier when multiple sets are involved
- Audit trail recording
- Relying on automation, not skills
- Easily repeatable
You are in good company
Comprara is an approved PAS supplier to the Victorian Government.
