Real spend management begins with insightful spend analysis
What could you accomplish if you no longer had to hunt and gather spend data from here and there across your company, only to then pull your hair out trying to make sense of it all? Just imagine the impact you could have with an aggregated and classified spend analysis of company-wide purchases, one that’s super-fast, loaded with reliable supplier data, and available on-demand.
That’s what you get with SAP Ariba Spend Analysis, the leading cloud solution powered by SAP HANA® and enriched with supplier information from Dun & Bradstreet’s Business Insights database (as this whitepaper explains). With it, you can make better, faster, and more confident buying decisions, negotiating with greater clout because you’ll know …
- your company’s total combined spend, intelligently classified
- how much you’re spending among families of suppliers
- where savings leak, prices vary, and purchasing overlaps
- which suppliers can help you achieve diversity and sustainability
- how your spend compares to that of your industry peers
- and more
Focus on analysis and planning, not hunting and gathering
Rely on our cumulative experience of classifying over $4.5 trillion in spend for more than 250 companies. After your data is gathered from systems across your organization, it’s aggregated and classified by applying a combination of industry standards-based, custom, and SAP Ariba taxonomies.
Enriched supplier data
With a solution tightly woven with Dun and Bradstreet’s enriched business information, gain deeper insight into your supply base, find sourcing opportunities within existing relationships, bring more purchasing clout to negotiations, identify risks in your supply base, and much more.
During set-up, your project manager helps with taxonomies and savings strategies. Then the SAP Ariba Best Practice Center can help with building sourcing pipeline, advanced reporting, and enhancing data accuracy. Going forward, count on ongoing support for the duration of your subscription.
Fast analysis and reporting
The power of SAP HANA’s in-memory computing makes your job faster and easier with up to 20 percent faster data loading, 80 times faster reporting, and no timeouts or barriers on data size or complexity.
Better user adoption
Encourage user adoption with customizable role-based dashboards, using a drag-and-drop interface that makes it easy to view, analyze, and report spending, then identify and prioritize savings opportunities.
Up-to-date spend records and reports help you discover and control maverick, off-contract, and non-PO-based spending as well as fraud and other noncompliant activity.
Hone your strategies by opting in to this confidential, no-cost program. Compare your spend profile and related measures to aggregated peer group data, accessing marketing intelligence and sourcing data to drive more-informed decisions.