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Spend & OpportunityMcKinsey & Company

Bringing footprint, pattern, (in)consistency type of analytics across different user journeys on your spend data to drive insights and ideas and mitigate exposure and risk.

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Product details

Turn data into impact with value-backed procurement analytics

Spend & Opportunity combine McKinsey expertise, data modeling, and design thinking for maximum performance and innovation in procurement analytics, providing you with insights and trigger actions for value capture, risk mitigation, and process improvement across use cases. In addition to our large library of off-the-shelf analytics use cases, we also co-innovate with clients to solve specific analytical challenges.

How we support you

Spendscape offers the perfect combination of advanced expertise and user-friendly design in procurement analytics. Our cutting-edge technology and processes are tailored to meet the specific needs of your organization, providing maximum efficiency and cost savings. At the same time, our focus on user experience ensures that procurement professionals get the most out of the solution.

Value-driven Analytics

Underlying business questions guide the applicability of spend analytics. Quantification and assessment of opportunities drives prioritization of value capture. Focus on hidden values in data.

Modular Dashboards

Breakdown of analytics into business-relevant use cases. Easy combination of different analytics modules to create a customized solution for specific requirements. No dependency on a one-size-fits-all solution.

Guided navigation

Quick identification of information and insights through top-down navigation concept. Easy-to-understand entry points to reduce the complexity of large and compounded data sets. More useful for organizations with lower data maturity.

Design Excellence

Qualitative mapping of user needs via “Jobs-to-be-done,” an industry-standard design methodology. Application of proven data visualization practices to ensure intuitive user experience.

Our Capabilities

Real-life procurement analytics use cases answer every business question

Procurement cockpit

One-stop shop for quick identification and assessment of opportunities, noteworthy trends, and potential value leaks that call for action.

Supplier negotiation

Fact base to enable procurement managers to make more informed decisions while preparing for supplier negotiations.

Category insights

Holistic suite of insights to support procurement in reviewing and optimizing category strategies across all relevant dimensions.

Working capital optimization

Accounts payable-focused analytics supporting the optimization of a company’s cash flow and the efficient use of financial resources.

Synergy analytics

Quick organizational comparison of procurement-related synergies for value capture in M&A situations.

Opportunity Scan

Value backed analytics across procurement levers that provide an automated assessment of opportunities by comparing current state against ideal scenarios.