SPEND & SAVINGS ANALYTICS
Every PA member gets access to our robust spend analytics dashboards – for free. Leverage our data and analytics tools to have a 360° view of your spend to track KPIs, report by location, reduce inventory, and identify savings opportunities.
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“Procure Analytics helps us make decisions based on data, thereby reducing the number of vendors, SKUs purchased, and our overall costs…and we are better at managing our indirect spend because of them.”Henry Slobe
C.P.M., Strategic Sourcing Manager — Indirect & Energy
Your Data. Your Insights. Your Savings.
Whether it is reducing inventory, standardizing SKUs, consolidating suppliers, or managing tail spend, our analytics help you achieve your goals. It all starts with a strong data foundation.
You Can’t Manage What You Can’t Measure.
Our analytics give your procurement team full visibility into your spend, driving strategic procurement performance with data-driven decisions. Your team will be able to answer the following questions with confidence.
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Rich Reporting & Analytics
- TRACK & REPORT REALIZED SAVINGS
- BENCHMARK MARKET PRICES
- MANAGE VALUE-ADD INITIATIVES
Track and Report Realized Savings
By baselining your spend when you join the Procure Analytics GPO+ program, we track your savings by suppliers and category over time.
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Continuously Benchmark to Market Prices
Test pricing compared to the market using various indices and web-based price benchmarks.
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Manage Value-Add Initiatives
Highlight missed savings opportunities and track progress on value-add initiatives, such as SKU consolidation or private label switching.
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Insights
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Rising Above the Pendulum Swing of Savings
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Unlocking the Power of Aether to Slash Shipping Costs
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