TIBCO Spotfire for Procurement
As the challenging economic environment continues, you’re faced with increasing pressure to help your company make better purchasing decisions. You’re trying to:
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Reduce indirect and direct spend
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Improve your sourcing and category management organizations
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Bring more spend under management
To do that, you need better visibility into your data – trends, sources beyond those tracked by the procurement system, and from disparate systems because of acquisitions.
You deliver real value by influencing strategic purchasing: Unfortunately, the reports and “analytics” available from typical procurement systems are too limiting and tend to focus on the high-volume, transactional purchases. In addition, it’s a massive challenge to analyze data that exists in numerous disparate systems. These are big decisions you’re trying to impact, so you need to get it right and don’t have time to wait for the IT department to configure new reports for you, every time you need one.
Spotfire delivers the industry’s fastest and most flexible analytics solutions for procurement professionals. Our out-of-the box analysis and reporting templates will get you and your team up and running quickly across a range of procurement applications. Our highly visual, interactive, and user-driven analysis and reporting tools will connect directly to your live data, whether from Oracle or SAP, so you’re always looking at up-to-date information and can examine it any way you’d like, whenever you want. Those delays configuring new reports and waiting for others to get back to you are over. Take control for yourself!
- Analyze the strategic component allocation across various manufacturers and quickly aggregate single vendors to get a real sense for spend patterns
- Integrate disparate data sources with just a few mouse clicks – such as travel expenses, credit card purchases, and real estate expenses – that often exist outside the procurement system
- Perform easy gap analyses, analyzing spend patterns in purchasing systems vs. payable systems
- Generate other ad hoc reports and custom dashboards quickly and without lengthy delays waiting for IT