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Maximise insight and savings with Spend Analytics

Spend Analytics from ISPnext gives you complete control over all your expenses by aggregating them centrally. The lack of full visibility and real-time data often leads to inefficient decisions, missed savings opportunities and unnecessary risks. ISPnext's solution gives you real-time access to detailed spend information, allowing you to make strategic purchasing decisions, realise cost savings and optimise your procurement policies. 

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Full insight into your expenses

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Identify savings opportunities

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Increase process efficiency

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Get full insight into spending with Spend Analytics

Are you looking for more grip and control over your spending? Spend Analytics helps you gain full insight into spending and strategically optimise it. Seamless integration with your ERP system allows you to design processes more efficiently, identify savings opportunities and minimise risks. 

Find out more about how Spend Analytics can support your organisation. 

The benefits of Spend Analytics

Full insight into your expenses

With Spend Analytics, you get a clear and central overview of all spending within your organisation, categorised by purchasing categories. Real-time data provides insight into essential factors such as lead times, benchmarks and satisfaction scores. This gives you all the information you need to make data-driven decisions.

Identify savings opportunities

Discover inefficiencies and opportunities to cut costs. Analyse trends, supplier performance and spending patterns. Set specific KPIs to monitor progress and meet your savings targets.

Increase process efficiency

Harmonise data from different systems and streamline processes with real-time data. This will help you work more effectively, improve collaboration and stay flexible in a changing market.

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"With Spend Analytics, you transform data into insights and insights into strategic actions - for optimal control, targeted cost savings and sustainable growth."

- Roy de Brouwer, Director Marketing | ISPnext

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Spend Analytics in 5 steps

Want to get a grip on your spend and realise strategic savings? In our white paper Spend Analytics in 5 Steps, we show you how to easily gain insight into your spending, identify savings opportunities and optimise your procurement strategy.

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Are you ready to take control on your Source-to-Pay process?

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FAQ
Did you know this?

With Spend Analytics, you get valuable insights into different parts of your organization from a single platform.
Dozens of best practice dashboards help you not reinvent the wheel. This allows you to exercise direct control over your organization's procurement policy.
Thanks to up-to-date data, a spend analysis allows you to identify bottlenecks in time and take action. Valuable insights are at hand. Examples include: satisfaction scores, bechmarks and (average) throughput times of the procurement process.
Purchasing categories provide a clear picture of how your purchasing is distributed. For example, the number of suppliers, invoices and departments involved. This immediately shows you where savings opportunities lie.

Is your question not answered? Get in touch

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Discover our solutions

Discover our Business Spend Management solutions by clicking on the diagram on the left. ISPnext instantly increases your organisation's financial impact.

Read more about BSM

AP Automation

 Less administrative work to digitize, match and approve? Realize significant cost savings for invoice processing with our solution AP Automation.

Read more about AP Automation

Dynamic Discounting

By paying invoices faster, you can arrange attractive discounts with your suppliers. The Dynamic Discounting process helps you do this, is digital and prevents manual operations. This results in considerable savings and improves your organisation's cash flow.

Read more about Dynamic Discounting

Vendor Management

Thanks to a central environment in Vendor Management, you quickly have insight into your supplier database. This includes expenses, contracts, risk profiles and supplier assessment. You have complete control to maximize vendor relationships. 

Read more about Vendor Management

Contract Management

With Contract Management, you manage the contract process from contract preparation to contract renewal or termination. Including approval and digital signing with your supplier.  

Read more about Contract Management

Procurement

With our solution Procurement you automate the entire purchasing process. Automatically generate an ordered recommendation and place orders with preferred suppliers in linked online shops.   

Read more about Procurement

Sourcing

Managing the procurement process from procurement needs to signing the contract with our Sourcing solution. Find the best suppliers based on internal needs, project specifications and supplier details.

Read more about Sourcing

Spend Analytics

One view of all spending with best practice dashboards in Spend Analytics. Thanks to up-to-date data, a spend analysis allows you to identify bottlenecks in time and take action. 

Read more about Spend Analytics

Supplier360

Do you already have centralised information from all your suppliers? Supplier360's master data cloud provides a comprehensive overview of your supplier chain, compiled from multiple sources, giving you real-time data always available centrally.

Read more about Supplier360

BSM

Build a sustainable business with Business Spend Management. Increase your financial impact right away by managing all your organization’s expenses and processes in one platform.

Read more about BSM

Rebate Management

Want to receive your bonus agreements better, more efficiently and on time? With our solution Rebate Management you are able to manage and utilise bonus agreements more effectively.

Read more about Rebate Management