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Spend Management

The Enporion Spend Management Solution helps companies perform a spend analysis and uncover their spend visibility which allows realization of savings through identifying specific opportunities for reducing costs. Not only does this optimize sourcing options and strategies as well as centralize control, it leads to organized compliance.

Spend Management Features:

  • Real-time spend visibility tracking of all online transactions and current spend analysis
  • Ability to group spend by supplier, system and/or time segment
  • Ability to specify date ranges
  • Spend visibility drilled down to P.O. line item date
  • Single spend management database for a complete spend analysis, capturing detailed data from required legacy systems and databases, including transaction systems, Purchase Card spend, time and expense systems, etc.
  • Categorization of both internal commodity categories and external category schemes (e.g. UNSPSC) and their tree structure
  • Item content cleansing tools/services and reference controls
  • User friendly tools or utilities for importing and exporting data - Excel, CSV, XML
  • Data normalization tools to normalize spend by suppliers, categories, UNSPSC, due to seasonality, severe weather, un-planned vs. planned outages, etc.
  • Dashboard View - ability to show enterprise spend information in summary views, by role and as customized by user, using filters and selection parameters with drill down ability
  • Sourcing categorizations that are customizable by customer (e.g.: table based)
  • Multiple concurrent product schemes/taxonomies with cross-referencing to each other and to external schemes, including features like aliasing
  • Ability to identify sourceable vs. non-sourceable spend
  • Opportunity reporting - generate by business until/category/cost center/commodity/supplier and buyer