With ISPnext Spend Analytics you bring all your spend together in one central place. Our solution gives you real-time insight into your cost flows, so you can make strategic decisions, reduce costs and take your procurement processes to the next level.
Without full insight into your spend, it is hard to make smart, data-driven choices. You miss savings, take unnecessary risks and processes run less smoothly than they should.
See how ISPnext solves this ›Manually collecting and analyzing spend in spreadsheets takes unnecessary time.
Fragmented data makes it hard to see where the money is actually going.
Data from multiple sources does not line up, so a complete picture is missing.
Without real-time insight, savings opportunities and risks go unnoticed.
Spend Analytics is built for organizations that want insight into their spend and want to seize opportunities for savings and optimization.
Wants to steer strategically on cost savings, risk reduction and data-driven decision-making via real-time spend analysis.
Looks for overview and control over spend and budgets to manage financial risk and capture cost optimization opportunities.
Uses Spend Analytics software to turn procurement data into action, benchmark suppliers and make better purchasing decisions.
With Spend Analytics you digitize the entire spend process: from centralizing to analyzing and continuously improving. You discover savings opportunities and make data-driven decisions.
All spend data from invoices, orders and contracts comes together in one environment, connected directly to your ERP.
See total spend, invoice counts and trends per period, category or cost center at a glance.
Discover maverick spend, low PO coverage and outstanding invoices that cost money.
Save reports with fixed filters and share them automatically with finance and procurement.
Track turnaround times and performance per period and continuously adjust based on up-to-date insights.
ISPnext Spend Analytics gives finance and procurement teams the tools to digitize spend and stay in control of costs and savings.
Request a demoNo more fragmented data or loose spreadsheets. With our Spend Analytics software you see exactly where your money goes, by category, department or supplier, giving you control over performance, turnaround times and customer satisfaction.
With our best-practice dashboards you analyze trends and patterns, so you immediately see where you can save. Set KPIs, monitor progress and achieve structural improvements in your spend management.
Connect data from multiple systems and work from one single source of truth. Fewer errors, less time lost and more agility to respond to market developments.
More than 450 organizations across diverse industries trust ISPnext. From international players to local market leaders: our customers use Spend Analytics to gain control over their spend, make strategic decisions and realize structural savings.
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“Spend Analytics provides us with quick and up-to-date insight into our organisation's expenditures.”
“We use Spend Analytics as a procurement analytics tool to optimise and further automate procurement processes.”
“With smart software we get quick, concrete insight to assess suppliers and spend, which delivers a lot of efficiency.”
Discover in the free whitepaper Spend Analytics in 5 steps how you gain full control over your spend and realize strategic savings.
Add functionality that fits your organization and processes.
30+ standard ERP integrations, ready to use without customization.
Spend Analytics, also known as spend analysis, is the process of collecting, analyzing and visually presenting all of your organization’s spend. This helps you discover savings opportunities, improve supplier relationships and make better-informed decisions.
A spend analysis provides insight into cost flows, makes procurement performance measurable and helps realize structural cost savings.
You get real-time overview, automated reporting, KPI tracking and clear visualizations that make it easier to act quickly.
Yes, ISPnext supports standard integrations with Microsoft Dynamics 365, SAP, Exact, Infor and Oracle JD Edwards, among others, so you always work with up-to-date data without manual imports or exports.
Quality depends on the source systems, so invoice and supplier data are cleansed and enriched first. Duplicate suppliers are merged and missing details completed, which leaves you steering on one consistent set of figures.
Spend classification means sorting all expenditure into categories, for example IT, facilities or logistics. Only after that split can you see what you spend per category and where bundling or renegotiating actually pays off.
Yes, the dashboards filter on entity, department, category, supplier and period among others. Procurement sees the full picture while a budget holder only sees their own spend.
Join 450+ organizations that have transformed their spend process.