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| Spend Processing and Analysis |
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Many companies use multiple ERP systems within their organization. As a result, it becomes extremely difficult to gain visibility into spend across the company. Without the deep knowledge of spend, it becomes difficult to identify potential cost savings from vendor rationalization or reduction in costs from better compliance with company policies and guidelines.
In order to deploy such a capability, a company not only needs to make an investment in software, but they also need to find the resources to deploy the software and integrate with multiple in–house procurement and G/L systems. After such investments, many soon realize that however critical this information is, they need to refresh it a couple of times a year. To enable companies to achieve spend visibility and get access to spend analysis without having to make an investment, Ketera developed a sophisticated spend processing and spend analysis managed service. Ketera utilizes its technology and services to provide this information to a customer – usually once a year using this popular managed service.
With Ketera’s managed service, our customers have a complete picture and visibility of their overall spend at various levels of details, and are able to get the following benefits without having to buy/rent software.
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“Right size” or rationalize their supply base |
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Achieve double digit percentage decrease in prices of goods and services |
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Attain year over year cost reduction in their spend |
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| To learn how Ketera Spend Management Solutions can help your business, call 1–887–486–4340 |
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