It is critical to understand and manage your business spends, as it leverages your corporate buying power and helps you to improve your bottom line. Analyzing how and where the money gets spend in your business is the way to improved sourcing events and fabulous profits.
Presenting the best possible clarity when it is about your Company’s spend analysis is a critical job for any Procurement Department. Spend Analysis gets more complicated when the structure of your Procurement Department is scattered with multiple data sources. Iavenir’s iAnalysis tool for Spend Analysis enables you to consolidate and analyze all of the data spending within your organization, regardless of your business complexities. iAnalysis helps you to automatically and consistently manage the data applicable to orders and invoicing from your various separate entities.