Gain business-changing spend analysis insights
Research from Aberdeen states that “Organizations leveraging a fully-automated system for spend analysis experience an average savings of 11% from sourcing efforts.”
With SciQuest’s Spend Radar solution, you will realize:
- A complete view of organization-wide spend from all of your spend and supplier data sources
- Easy-to-use visual reporting and analysis module
- Reusable templates with your company's look and feel
- A single source of truth for all spend-related and supplier-related data
- Consolidated, categorized data in one language for a complete, global solution
- Ongoing data accuracy to help make actionable procurement and sourcing decisions
SciQuest Spend Radar Reporting and Analysis offers an easy-to-use graphical user interface for all of your organization's spend analytics. Populated with standard, pre-built reports as well as customer-specific reports, Spend Radar's Reporting and Analysis features provide you with accurate and complete spend-related data, allowing you to make business decisions based on the most complete and up-to-date spend analysis information available.
SciQuest Spend Radar Data Manager is the starting point for accessing quality data. It is a flexible, high-quality master data management module for power users that has been specifically tailored for ongoing management of organization-wide spend and related data. Your dedicated team of SciQuest consultants uses the Data Manager tool to collect, cleanse and classify all data based on your organization’s unique requirements. Enrich your existing data with third-party supplier and market content, increasing data quality and spend analysis reliability. Once your data has been classified, Refresh Manager manages and maintains ongoing changes to your supplier groupings and structure and updates your spend data classifications. Using Refresh Manager, your team of SciQuest consultants is able to quickly process your spend data refreshes on your own schedule. Refresh in one day instead of two weeks.
SciQuest’s Spend Radar is a Software-as-a-Service (SaaS) solution that can be accessed anywhere, anytime. Choose the delivery option below that best suits your business needs:
- Take advantage of our experienced solutions consultants to do the data management and maintenance for you—collecting all of your spend and supplier-related data, cleansing it and classifying it to your specifications. You have access to the modules at all times and have full visibility into the entire process, ensuring the accuracy and timely progress of your spend analysis.
- Allow our experienced SciQuest solutions consultants to do the heavy lifting for you, then license the modules yourself for ongoing management and maintenance. Our solutions consultants are ready to assist you at any time with any additional requirements.
- License the modules for your own use and have complete control over your own collection, cleansing and classification using a robust master data analytics and management module that was designed specifically for spend analysis.