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Power Procurement Performance with Actionable Spend Intelligence

We Help You Turn Spend Insights Into New Value Across Your Procurement Planning and Management Lifecycle

Now part of SpendHQ, we offer a best-in-class Spend Intelligence solution to help your team advance to new strategic heights – by continually giving you trusted spend knowledge and benchmarking to improve planning and goal-setting. This also means you can better collaborate with suppliers and stakeholders, and it’s easier to identify and create your next wave of value-generating opportunities.

 

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Getting Your Spend Together is Needed for Unprecedented Insights

Data about your spend is everywhere. It’s messy and inconsistent. And it’s historically required a major effort to consolidate and cleanse so that Procurement can rely on it to answer questions about spending outcomes, benchmarks, supplier history, category dynamics, and more.

As a consequence, it’s difficult to focus on a proactive strategy and to lead a data-driven conversation with Finance, stakeholders, and suppliers. The SpendHQ Spend Intelligence solution handles the data burden, freeing your time for analytics and actions inspired by a comprehensive, intimate knowledge of your spend.

Key Features of Our Robust Spend Intelligence Platform

The SpendHQ solution has productized nearly two decades of spend category expertise delivered to more than 350 customers globally. Our clients report an average 3X improvement in spend compliance and increase their spend under management to an average of 87%.

Best practices data cleansing and enrichment process that results in at least 97% of your spend accurately classified, backed by our data warehouse knowledge base.

A centralized source of “procurement-ready” spend data accessible anytime it’s needed for analysis and reporting, refreshed as you determine.

Easy-to-navigate interface to explore aggregate spend reporting, drill-down to details, and apply filtering options to analyze and compare it in different ways.

Create new procurement projects from within the platform, based on insights you discover and integrated with our Procurement Performance Management to proactively track progress.

Quickly view automatically-surfaced insights and benchmarking across key areas, such as supplier diversity/ESG, spend compliance, and outliers.

Choose from flexible options for data source integrations, data refreshes, customization of spend profiles, and versatile reporting options.

“In addition to an analytics solution that offers best-of-breed, do-it-yourself reporting and opportunity insights across the entire spend base, SpendHQ has in recent years broadened its scope to include compliance management, supplier information management and visibility, document (contract) management, and deep category intelligence across dozens of often under-analyzed categories.”

Nick Heinzmann & Meena Ibrahim
Spend Matters, July 2022

Combining Our Spend Intelligence
+ Procurement Performance Management Platform

Thanks to the partnership of the SpendHQ and Per Angusta solutions, Procurement teams can also gain a true best practices advantage in connecting your strategic plans to operational project oversight and reporting.

 

Drive more value: Use spend insights and benchmarking to identify and create new opportunities

Promote alignment and data trust: Collaboratively set better-informed goals and priorities

Proactive management: Stay on top of project and goal status as well as risks

Report with confidence: Accurately measure and communicate your outcomes

Continuously optimize and elevate: Leverage current insights to inform each new planning cycle

See How our Spend Intelligence Connects With Procurement Performance Management

Request a demo of the SpendHQ Spend Intelligence solution – and also learn how that works with Per Angusta’s PPM platform.

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