Spend Analytics Consulting
Spend Analytics Consulting: Reduce Risk. Control Expenses.
Many companies are looking to better control their cost of goods sold (COGS) and Operating Expenses (OPEX) but don't know where to begin. Corporate procurement managers need visibility into their overall spend to empower better decision making. Our Spend Analytics Consulting can help you speed through the process of selecting the right toolset for you.
More and more companies turning to solutions such as Ariba, Coupa, Ivalua, ProcurePort, Proactis, Sievo, SpendHQ and Procurify to control spending. But which one is right for your organization?
Spend Analytics consulting assists organizations like yours to pick the right software to optimize their supply side performance by integrating spending data from across the enterprise, thereby enabling executives, managers, and frontline employees to make more informed and actionable decisions.
Picking the right technology can make all the difference of giving you the visibility to determine how and why your company spends. Using these software packages enables procurement managers, which in turn drives insights and supports the right decisions at every stage of managing your operating expenses.
Once a detailed requirements analysis is complete, our consultants will help you select the best tool to drive profitability, as well as monitor ongoing performance and risk.
This includes:
- Improving processes and managing spend
- Quantifying and delivering savings including vendor discounts
- Managing supplier relationships, recovering over-payments and managing risk.
MindStream Analytics is a premier consulting and application managed services firm dedicated to helping clients enable better decision-making. With over a decade of experience in the analytics and Enterprise Performance Management (EPM) space, MindStream offers customers business intelligence and analytics tool selection, predictive modeling development, delivery optimization, and best practices for financial planning and budgeting. MindStream guides our customers to solutions that enhance business modeling that enables better analysis and insight into their data.
MindStream's consulting can work with your team to provide a detailed Spend Analytics Roadmap. The roadmap offers a detailed path of how to gain insight into your data no matter the number of legacy systems. Learn more by downloading our free White Paper.
Tags: Business Intelligence Enterprise Performance Management Profitability Analysis
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Fill out the form below and download our white paper Spend Analytics - uncover the hidden treasure in your data and learn 12 things you can expect with improved spend visibility!
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OneStream CPM
OneStream aligns to your business needs and changes more quickly and easily than any other product by offering one platform and one model for all financial CPM solutions. OneStream employs Guided Workflows, validations and flexible mapping to deliver data quality confidence for all collections and analysis while reducing risk throughout the entire auditable financial process.