Spend analytics consulting
Know what you buy, from whom, and at what price. Proctel's spend analytics consultants turn purchase orders, invoices and contracts into a clean spend cube, then show you where to act.
What is spend analytics?
The foundation for every sourcing decision.
Spend analytics is the work of collecting, cleaning, classifying and analysing what an organisation buys, so that procurement can see spend by supplier, category and business unit. Done well, it turns scattered records into a single source of truth that shows where money leaks and where to negotiate.
From raw extracts to a spend cube
The same methodology behind our source-to-pay programmes.
Collect
Multi-year purchase order, invoice, contract and supplier data from your ERP or source-to-pay suite, including SAP, Coupa and Ivalua extracts.
Cleanse and enrich
Standardise formats, validate tax IDs, harmonise currencies and fill missing fields.
Normalise suppliers
Merge duplicate supplier records into a golden supplier master and segment it.
Classify
Map spend to one taxonomy so categories compare cleanly across business units and regions.
Analyse
Supplier, category and business-unit cubes with Pareto, tail spend, maverick buying and concentration views.
Act and govern
Turn findings into sourcing projects and track savings with executive dashboards.
What spend analytics delivers
Generated from your data and kept current.
- Spend cube analysis by supplier, category and business unit
- Savings opportunity heat map
- Tail spend diagnostic report
- Maverick buying identification
- Supplier concentration risk
- Category deep-dive benchmarking
Spend analytics, delivered with SpendCube
Our own platform does the heavy lifting.
SpendCube reads every line of your purchase orders, invoices and contracts in one currency, unmasks duplicate suppliers, matches items and classifies spend. It flags supplier concentration, contracts expiring within 90 days and tail spend for review, answers predefined questions from your own data, and exports to Power BI, Excel and PowerPoint.
Questions about spend analytics consulting
What data do you need to start?
Purchase order lines, invoices, contracts and your supplier master, ideally covering two to three years. Standard extracts from your ERP or source-to-pay suite are enough to begin.
What is a spend cube?
A spend cube organises spend along three dimensions, usually supplier, category and business unit, so you can slice it any way: what one business unit buys from one supplier, or how one category splits across regions.
How is spend analytics different from spend management?
Spend analytics shows where the money goes. Spend management acts on it through sourcing, contracts, buying channels and policy. We do both: the analysis first, then the sourcing projects and savings governance that follow.
Can you work with SAP, Coupa or Ivalua data?
Yes. We work from extracts of your ERP and source-to-pay platforms, and our enterprise application teams know Coupa, SAP and Ivalua.
More on spend analytics consulting
See your spend the way your suppliers see it
Tell us what systems you buy through and we will propose a first spend diagnosis.