CombineNet Spend Analysis Solution
Enhance spend management strategies, reduce costs and improve financial performance
The CombineNet Spend Analysis solution provides your organization with a clear view into what you spend on goods and services, with whom, and where, so that you can employ sound spend management strategies to reduce your costs and improve financial performance.
Utilizing next-generation data cleansing and classification technology, CombineNet Spend Analysis quickly converts disparate spend data from ERP, Accounts Payable, Purchasing, and other technology systems to the classification structure of your choice. A flexible and powerful reporting and analysis capability enhances spend visibility across your corporate spend to identify opportunities for driving savings through e-sourcing programs.
Benefits of CombineNet Spend Analysis Solution:
- Data Structured Your Way – Data cleansing and classification is based on your own taxonomy, ensuring that the intricacies of your business are reflected in your analysis.
- Speed to Analysis – Initial data classification is typically done in 3-4 weeks, not 3-6 months, enabling you to begin spend analytics sooner for faster results.
- A Better View Means Better Spend Management – Flexible spend analysis reporting enables you to slice and dice the data for a more detailed view of your spend with suppliers, for pinpoint discovery and better decision making.
- Produce Superior Spend Analysis for Strategic Sourcing – Importing better data from CombineNet Spend Analysis into CombineNet ASAP® for e-sourcing improves supplier sourcing decisions and risk management.
- Software-as-a-Service (SaaS) Offering for Ease of Deployment – Implementing, managing and scaling CombineNet Spend Analysis is faster and easier thanks to its cloud-based architecture.
CombineNet Spend Analysis delivers a best of breed approach to spend management through corporate spend data cleansing, classification and analysis. Powered by SciQuest, CombineNet Spend Analysis is a next-generation spend analysis software solution for delivering fast, accurate, and insightful visibility into corporate spend.
To learn more about the CombineNet Spend Analysis solution, contact us today.