ANALYSE
Generate a comprehensive analysis of your spend on goods and
services
The Observatory's ANALYSE functionality enables
you to quickly and easily generate a more comprehensive analysis of
your spend on goods and services than is possible from your
internal systems alone.
Develop a procurement strategy that is realistic and
achievable
ANALYSE will support the development of an
evidence based procurement strategy that is realistic and
achievable.
Identify opportunities to save money and improve process
A comprehensive analysis will make it much easier to identify
opportunities to save money and improve process.
Prioritise where to focus resources
You can rank and prioritise where you focus scarce resources so
that you can transform the way you procure goods and services.
Access the economic impact
Improve your ability to accurately assess the economic impact of
procurement related decisions on the local and/or small businesses
with whom you currently trade.
Create compelling reports for management quickly
Reduce the time and effort in creating compelling reports in
response to questions from senior management.
Interrogate your spend data and gain insight with
graphs, tables and charts
Use ANALYSE to interrogate your transformed spend data and
generate the charts, graphs, tables and lists that deliver the data
and insight you need to enable you to deliver savings, assess
policy compliance and manage risk.
With ANALYSE you can quickly and easily visualise your
spend:
- Understanding your spend
distribution
Across the 500+ categories in which the public sector typically
purchases goods and services.
Top suppliers by category and how dependent they are on your
trade with them.
Categories where you have too many suppliers that might be
candidates for rationalisation.
Categories where you have too few suppliers that might be
candidates for issuing an RFQ, RFP or ITT to increase
competition.
The competitors of your top suppliers that you spend money
with.
Those suppliers who are supplying goods and services to multiple
departments.
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- Understanding your spend
administration
The suppliers who are relatively expensive to manage in
administrative terms.
The suppliers who send too many small invoices that might be
candidates for invoice consolidation or moving spend onto a
purchase card.
The one-time suppliers you use where the cost of setting up and
administering the supplier's payment costs is more than the goods
procured.
Your spend with newly created suppliers.
Suppliers who may have been historically undermanaged as a
result of focus on the top or well known suppliers.
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- Understand your economic impact
The suppliers that are overly dependent on you for the bulk of
their income.
See what you spend locally and with suppliers who are SMEs.
The categories in which you spend relatively more with local
and/or small businesses.
See how much and in which categories you spend locally,
regionally or nationally.
Your spend with the Third Sector.
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Spend & Contract Analytics