Analytics
Spend Cube
We build a spend cube: a complete picture of organisational spending broken down by category, supplier, organisational unit and period. Data cleaned, categorised and loaded into an analytical environment - ready for savings potential identification.
Procurement data has value only when it changes operational decisions.
Problem
Where organisations get stuck
No visibility of spend structure and key suppliers
Procurement data in multiple systems without integration
Inability to identify savings potential without data
Approach
How engagements work
- 01
Data extraction from source systems (ERP, finance)
- 02
Cleaning, normalisation and deduplication
- 03
Categorisation according to procurement hierarchy
- 04
Loading to analytical environment and view construction
Results
What changes operationally
- 01
Categorised spend database for the entire organisation
- 02
Top suppliers, categories and units - in a single view
- 03
Data ready for procurement analysis and decisions
Format
- Engagement format
- 4-8 week project; one-off or recurring model (quarterly refresh).
- Capability area
- Analytics
See also
Related areas
Spend Analytics
Analytics
Procurement Dashboards
Analytics
Category Strategy
Advisory
Let's talk about what this looks like in your organisation.