Real spend management begins with insightful spend analysis
Get objective analysis of your supplier spending
SAP Ariba 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 to deliver insightful analysis of your business buying behavior.
Spend analysis delivers the spend visibility you need to make better, faster, and more confident buying decisions – and negotiate with more clout. That’s because you’ll know:
- How much you’re spending among families of suppliers
- Where savings leak, prices vary, and purchasing overlaps
- Compare your spend to that of your industry peers
You can also see which suppliers can help you achieve diversity and sustainability – and more.
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.
Greater compliance
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 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.
Best-practice guidance
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.
More Spend Analysis Resources
