services

Spend Analysis

Our Searchlight Description Based Spend Analysis tool creates spend visibility and derives insights from which you can make informed strategic procurement decisions. Searchlight's powerful free text rule based methodology enables users to effortlessly analyse what you are buying from whom and provides insight into both structured and unstructured spend data.

"Spend Analysis"

• Do you want to know how you compare to the rest of the
   market?
• Do you want to understand where your spend is going
   and in which areas you need to focus your negotiations?
• Are your stock & purchasing descriptions inconsistent
  giving you poor data quality?
•  Do you want savings?

"What you get"

• Spend Analysis from multiple data sources and systems
• Supplier and spend segmentation
• Master Data / Catalogue Management with imagery
• BI Reporting