Inefficient use of a myriad of suppliers, non-PO/‘maverick’ spend, and inconsistent payment terms across geographies drains resources and has long been a key focus area for cost reduction targeted by both CFOs and Sourcing Managers across many industries.

This module aims to assist in global sourcing and contract negotiations, cost control and reduction, year-on-year price trending and better vendor management. A vendor data master delivers the required transparency, accuracy and agility.

For details on the three modules, please click here: Vendor Spend Analysis Module