Take Control of Your Procurement Spend Analysis
Most companies are missing significant savings opportunities across their organization because the data is often located in multiple systems and category classifications across disparate parts of the organization. Unfortunately many procurement departments lack the resources, time and technical expertise to thoroughly consolidate and analyze their spend data.
BravoAdvantage™ Spend Analysis enables you to consolidate your data in a single place and in an easy-to-understand format which allows you to unlock hidden savings. BravoAdvantage Spend Analysis provides the procurement intelligence you need to lower costs and improve organizational efficiency.
BravoAdvantage Spend Analysis Solves Real World Procurement Challenges
“BravoSolution Spend Analysis tool allowed us to gain the 100% visibility on our European spend in few months [….] The supply management process has been already digitalized years ago using BravoSolution procurement technology. Extraordinary opportunities have been uncovered…”
-Aldo Papa, Chief Engineering e Procurement Officer | Autogrill
BravoAdvantage Spend Analysis Product Overview
BravoAdvantage Spend Analysis will improve compliance and strategic decision making based on accurate and actionable spend data aggregated from across your entire organization, and will help you:
- Monitor spend to identify patterns on which you can act
- Identify product and service rationalization opportunities
- Leverage and rationalize suppliers to optimize your supply base
- Capitalize on purchase price variance savings opportunities
- Aggregate demand across your organization
- Monitor and improve supplier payment terms
- Maintain contract compliance by actively monitoring off contract spend
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If you lack the ability to analyze spend data in your organization, you are missing a tremendous opportunity to identify and drive total cost savings and take advantage of untapped opportunities throughout your organization.
Additional Procurement Resources: Whitepapers, Webinars, Datasheets, and More
Select a hand-picked resource below to learn more about how BravoSolution can help you streamline processes, reduce cycle times and achieve valuable business outcomes. Additional resources are available in the Resource Center >>