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Achieving visibility through spend analysis is critical to the success of any supply management initiative.
Procuri's spend analysis solution combines proven spend data classification, spend analysis, and category management capabilities – all in a single solution. The result is unparalleled visibility into your spending and compliance performance – insight that can produce big savings.
Procuri’s Spend Analysis solution is the industry's most comprehensive solution, automating the complete spend management lifecycle:
Spend Data Management
ETL and data-extraction templates simplify and automate extraction from any ERP or legacy business system. The intelligent rules-based classification engine auto-classifies all types of spend data to any industry standard (e.g., UNSPSC, eClass, NAICS) or proprietary schema at a detailed, line-item level. A structured process and advanced data and business auditing ensure data and classification accuracy. And embedded enrichment capabilities enhance spend data with value-added business intelligence.
- Automated data extraction from any source
- Structured data auditing and validation
- Automated data cleansing, classification, and refresh
- Industry standard (UNSPSC, SIC, eClass, etc.) and business-specific schemas
- Optimized Data enrichment for parent-child, diversity, etc.
Spend Analysis
Enhanced reporting and role-based dashboards give stakeholders - from purchasing agents and commodity managers to top-line executives - access to the spend intelligence they need most. More than 70 pre-defined reports provide the most common business views into spend, compliance, and supplier data. And online drilling and custom report builders enables more detailed and infinite analysis.
- Role-based spend dashboards
- Pre-defined business report library
- Multi-dimensional analysis and active drilling into line-item details
- Industry standard (UNSPSC, SIC, eClass, etc.) and business-specific schemas
Spend Category Management
Category-specific dashboards provide complete diagnostics of spend, and supplier performance specific to an organization's business taxonomy. Intuitive features enable compliance, audit, and diversity reporting for the entire global purchasing team.
- Category/commodity dashboards
- Integration with contract, sourcing, and supplier data
- Compliance audit reporting and management
- Diversity program management
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Learn about the benefits of Procuri’s Spend Analysis solution. |
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Take a virtual tour of Procuri TotalSpend. |
These are just some of the benefits your business can realize with Procuri's spend analysis solution:
- Detailed visibility into 100% of spend data
- Auto-classify to any industry or proprietary schema
- Detailed insight for fact-based sourcing, supplier management, and business strategies
- Improved compliance
- Speed spend analysis and sourcing cycles
- Enhance reporting and analysis
- Accelerate sourcing coverage
- Improve category and diversity management
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Learn about the features of Procuri’s Spend Analysis solution. |
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Take a virtual tour of Procuri TotalSpend. |
Procuri's spend analysis solution delivers timely access to detailed spend data and offers critical intelligence needed to identify hard-dollar savings opportunities, drive compliance, and develop fact-based sourcing strategies. Click the numbers below to view select TotalSpend features and descriptions.
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| “Procuri's integration of TrueSource completely onto one platform provides supply management teams with immediate information on spend for each role within the organization.” |
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| -- AMR Research |
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| “Accurate spend data is perhaps the most powerful tool for CPOs as they work to gain executive support and end user compliance.” |
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| -- AberdeenGroup |
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