SPEND MANAGEMENT SOFTWARE
Increase your ROI with our expense planning solution
Plan your budget and expenses according to your corporate business needs, set saving objectives and initiate purchasing requests.
Develop measurable purchasing strategies and reduce overall management costs
Identify business needs by location, department, and business unit. Use our smart platform to create a clear vision of spending objectives and the saving you want to reach. Maintain full control of the defined strategy throughout the entire procurement process and monitor results in a single interface.
THE PATH TOWARDS PURCHASES OPTIMIZATION
Develop, monitor, and manage your purchasing strategy in one solution
Evaluation of the company’s current expenditure and collection of needs – identify the detailed breakdown of spending by location, business unit, and department and prioritize your procurement strategy across business functions and specific objectives.
Classification of purchases into product categories – take advantage of the processing system to rationalize spending while identifying management and purchasing synergies.
Spend Management – generate yearly planning with budget readjusted among different departments and achieve savings goals.
Smart setup of RFP – generate sourcing events in a simplified way starting from predefined templates, data collected in the planning phases, exploiting the full interoperability and connection with the e-Sourcing module.
Approval systems – role-based access ensures that purchasing procedures are first refined by the managers of each event, for optimal control over the S2P process.
Always up-to-date dashboards – monitor the progress of your purchasing strategy at any time, identify improvement trends and promptly adjust spending plans and budgets thanks to reports and statistics updated in real-time.
Comprehensive data – view your purchases by cost breakdown, status, cost analysis by department, business unit, and more.
All the information to start new strategies – access to dynamic and customizable dashboards to gain full visibility on real expenses realized according to planned goals and also no standard events.
Start planning again – Process data of your entire Procure-to-Pay cycle, define new saving objectives, and increase consistently the return on investment of your company.
Get greater savings on purchases thanks to the software module for Spending Management
Reduction of overall management costs
Manage activities of strategic planning by exploiting the complete data circularity among all the Online Procurement modules
Minimize risk error
Request proposals presentation just to suppliers more aligned with your purchasing objectives
Alignment with business goals
Gain maximum value from your procurement thanks to the development and management of a strategy aligned with corporate value.
A flexible solution
Take advantage of parameters fully adaptable to the dynamics of your organization, starting from category management and approval systems based on internal roles (for example, CPO and Procurement executive)
A single interface
Customizable dashboards allow monitoring deadline, RFQs, budget, and expenses planning based on procurement priorities.
More efficient organizational systems
Gain full control on purchasing from event creation to approval, up to continuous development and planning
Processes efficiency starts from an excellent expenses planning
The Strategic Purchasing module within the Online Procurement solution makes it possible to transform the mission, vision, and objectives of your company into measurable activities useful to plan, budget and manage purchasing function all-around.