ADR’s spend analysis solution provides you with insight into your entire organization’s spend and is specifically designed for sourcing professionals that need a solution to consolidate and analyze their spend data and quickly answer questions such as:
- what is being spent?
- with whom?
- on what?
- by whom?
- what is my largest spend category?
- has our organizations spend grown or diminished over time?
ADR’s functionally rich, accurate and proven Spend Analysis solution is also provided as a managed service, so you can frequently and more cost effectively refresh your spend data, run spend analytics on that data, and continually seek new opportunities for reducing spend and improve the management of suppliers.
By understanding your spend profile you can quickly and accurately identify cost-saving opportunity in procurement activities throughout the organization either through strategic sourcing or consumption reduction activity.