SpendInsight makes it possible to analyse your spend quickly and effectively, and our money back guarantee means that there is no risk of non delivery.
Even used a one-off service, it is particularly useful in budgeting periods or as part of a saving review process, as it will give a clear starting point and set of actionable savings.
Procurement professionals may wish to use the service on a regular basis, to monitor savings and as part of a continuous performance improvement programme.
It is possible to provide monthly reports, however in a busy procurement department we have found that the optimum time for analysing, actioning and measuring results is quarterly. The quarterly service is delivered through a mixture of web front end and data packs.
Having identified and quantified the areas where you have savings opportunities, in an easy and cost effective manner, the next stage is to implement a program to realise the savings.
If your organisation needs help or additional resources for the savings realisation phase, we have a range of additional services and partners who can help you to maximise your cash-able results.
Use the spend by supplier report in the data pack to reverse-engineer your supplier catalogues.
Create an optimised catalogue of best value items, and load it into the marketplace to ensure usage of the best deals across your requisitioners.
The cloudBuy marketplace is available as on demand software, so getting started couldn’t be easier.
Simply purchase the number of per seat licences required and get started.
Use Coding International’s service to help you to code and classify all of your data or categories at line item level.
Much of the hard work of classification will have been done by SpendInsight, but Coding International will enrich and enhance the remainder.
Once all of your data is effectively classified, sourcing and negotiation activities will be more effective and commercially focused.
cloudBuy have a group of professional procurement partners, full details can be found on our partners page.
We have partnered with specialists who can assist our clients to maximise the potential value of our analysis.
We are actively looking for additional procurement professionals who can work with our clients in the UK and Globally.