A comprehensive approach with whole business health benefits

Improve cash flow and find new savings By digging into transaction-level data pulled from invoices, purchase orders, requisitions, payments, and vendor data, Spend & Payment Insight™ identifies savings and improves cash flow. Smarter processes Leveraging enterprise-wide data to optimize processes and provide a joined-up view of spend, trends and anomalies. Low hassle, fast returns Re-using data already gathered during the AP Recovery Audit cycle accelerates service delivery and ROI, enabling you to quickly gain visibility into trends and anomalies.

Spend Analytics

Support savings initiatives. Find hidden value in transactional payment data. Analysis of spend

• Comprehensive and centralized view into spend
• Union of spend data: vendor master, invoice, POs Spend trends
• Review patterns and identify variances across suppliers, categories, or business units
• Quick turnaround on detailed spend analytics Rationalization
• View long tail spend to consolidate supplier counts
• Add new insights for additional savings opportunities

Payment analytics: uncover working capital opportunities. Prevent duplicate payments.

Analysis of payment

• Invoice-level analysis of days to pay, early and late payments
• Aggregated spend by supplier and category
• Duplicate payment reporting Summary by term
• Payment term distribution by invoice, aggregated spend and category
• Modeling for shifting terms Harmonization
• Identify best discount, days available and terms by vendor
• Data consolidation and parent/child matching between client and supplier