Your spend data can tell you where to find savings, improve processes, manage maverick spend and risk. Spend analytics is a time consuming process as most procurement tools don’t capture sufficient high-quality procurement data.
Let Bloom Consulting automate your spend analytics on the Spend Console platform.
SpendConsole, our cloud-based contract compliance solution, gives procurement organisations visibility and control over their spend by providing a simple, user-friendly solution that:
- Analyses organisational spending patterns across suppliers, geographies, business units and categories
- Provides controls to manage compliance against Contract rates, discounts, rebates and SLAs
- Calls out off-contract spending
- Informs procurement when suppliers are charging above an agreed contract rate. Ensuring agreed contracts rates are optimised across the business
- Provides benefits tracking and savings profiles
- Provides visibility and actionable insights into spend categories that would often be overlooked by your organisation
- Is deployed and fully operational within weeks
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