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 visualizes spend but utilizes 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 will provide a single repository of spend data seen through a procurement lens to help to find opportunities:
- Spend data is difficult to consolidate across ERP systems or countries
- Classification often poorly structured with limited transparency; started from scratch every time
- Difficult to collaborate to produce a consistent overall classification, especially between entities; collecting and synthesising from various people is difficult
- No standard global spend visibility platform to view analysis; analyzes are often time consuming to create
- Finalised data not adequately leveraged to drive insight
- Upload unlimited data sources from any ERP or Finance system as often as necessary
- eFlow generates suggestions based on previously completed classifications
- Cloud-based platform allows collaboration in real-time, making it accessible 24/7 from anywhere in the world
- Visualization engine built in; meaning more time can be spent analyzing rather than creating using a series of standard views with the ability to create your own at the touch of a button
- Our consulting support service is on hand to provide the insight to drive better decision-making
Building a spend analytics capability is critical to monitor spend, compliance and ongoing management of suppliers