Real spend management begins with insightful spend analysis
The SAP Ariba spend analysis solution gathers your spend data from wherever it lives, classifies it according to company and industry standards, and then enriches it with Dun & Bradstreet market intelligence. The result is an objective, insightful analysis of your organization's spending habits and the opportunities you have to save money and improve supplier relationships.
Get the spend visibility you need to make better, faster, and more confident buying decisions – and negotiate with more clout. With your analysis in hand, you’ll know:
How much you’re really spending, and with whom, especially among families of suppliers
If you're getting what was promised during contract negotiations, including agreed-upon prices and savings
Which suppliers can help you achieve your diversity and sustainability goals
SAP Ariba Spend Analysis can also help you compare your spending to that of peers in your industry.
Spend Analysis Software: Product Features
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.
Access up-to-date spend records and reports that help you discover and control maverick, off-contract, and non-PO-based spending as well as fraud and other non-compliant activity.
Fast reporting and analytics
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.
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.
Advanced machine learning
SAP Ariba’s next-generation enrichment service employs advanced machine learning technologies that deliver fast and accurate supplier enrichment and commodity classification of massive volumes of data, rapid project deployments, and ongoing refreshes along with improved quality assurance coverage.