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Spend Analytics

eFlow Spend Analytics is a full-service insight-driven solution to managing spend.

This solution is based on 15+ years of experience working closely with clients to provide insight into spend to make better sourcing and category management discussions. Our solution not only classifies and visualises spend but utilises our procurement consulting team to find true insight in the data. eFlow Spend Analytics can be adapted to incorporate as many data sources as necessary and can be updated as often as necessary. 

eFlow Spend Analytics provides a single repository of spend data, seen through a procurement lens, to help to find opportunities. 

How we can help

At Efficio, we support organisations across the world make savings through better procurement. A core part of our consulting expertise involves analysing large, fragmented datasets and applying effective classification rules and techniques.

To date we have analysed over £100 billion in spend from companies across geographies, locations and sectors. This gives us unparalleled expertise in understanding, classifying and visualising spend data.

Our Spend Analytics tool was built in-house and has processed many millions of lines of data. Our combination of artificial intelligence and a hugely experienced team of data analysts means we can understand and reallocate spend to different categories faster, more effectively and more reliably than other solutions in the market. 

As the world’s largest procurement consultancy, analysing spend is our core business and our years of experience have led us to develop a best-in-class application supported by a team of hugely experienced data analysts.

Key benefits

Full visibility over your organisation’s spend data from multiple sources through a single view
Full visibility over your organisation’s spend data from multiple sources through a single view

Identify potential savings opportunities
Identify potential savings opportunities

Greater contract compliance / governance
Greater contract compliance / governance

Improved demand forecast processes
Improved demand forecast processes

Combination of artificial and human intelligence to create fast and reliable spend data
Combination of artificial and human intelligence to create fast and reliable spend data

Identify and manage supplier risks
Identify and manage supplier risks

Oversight over procurement performance
Oversight over procurement performance