Spend Analysis

The need for spend analysis is clear. Disparate systems spread across multiple geographies. Incomplete and erroneous data. Multiple classification schemes. All of these factors obscure spend analysis, leading you to make misinformed sourcing and business decisions. And that can cost you money and put your business at risk.

But gaining improved visibility into what you are buying and from whom provides only a partial picture. The ability to take strategic action from enriched, classified spend data also requires external focus on market and supply base dynamics. Knowing your prices have declined 20% in a particular category over the last 12 months is good, but more important is knowing how much market prices have declined during the same period. Meanwhile, in such a challenging and tenuous economy, do you know which of your suppliers are at risk of failure? Which comply with your diversity program requirements?

THIS is next-generation spend analysis.

Imagine the power of having accurate, up-to-date visibility into all your company's spending. Now imagine that this classified data is enriched with key business and market intelligence -- all delivered through an intuitive, yet advanced analysis engine.

Ariba provides three dimensional visibility in these key areas:

• Internal Visibility provides granular commodity codes so you have improved visibility into what you are buying.
• Supplier Visibility, based on our 150M+ global database updated by Dun & Bradstreet and other sources, provides a number of enrichment attributes delivering critical details about your supply base.
• Market Visibility consists of industry and Ariba proprietary sourcing market information allowing you to make more informed strategic sourcing decision.

Learn about the features and benefits of Ariba's spend analysis solution.
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Features

Ariba Spend Visibility arms you with complete and timely spend intelligence to make informed business decisions through:

• Data Aggregation - Automated data extraction from ERP, Purchasing, P-card, and legacy systems ensure rapid and complete access to all your company's spend data.
• Data Classification - Proven, automated classification to both industry (e.g., UNSPSC, NAICS, eClass, etc.) and company-specific standards ensures consistent, highly repeatable spend analysis.
• Data Enrichment - Ariba's global supplier and supply market intelligence turns static spend data into actionable intelligence, empowering you to make informed sourcing, compliance, and business decisions.
• Spend Analysis - Intuitive, role-based dashboards, pre-packaged reports, and advanced analysis features make spend intelligence accessible and meaningful for stakeholders around the globe and from every function -- from the CFO to front-line commodity managers. Enriched data can easily be exported for use in an any 3rd-party analytical tool. And if needed, Ariba's industry and category experts will analyze your spend data to find the top areas for savings and train your team on how to uncover further opportunities.
• Repeatable Process - Ariba Spend Visibility delivers a platform for repeatable spend management success—delivering a continually up-to-date your spend view with for repeatable opportunity identification, effective compliance monitoring, and sustainable savings

Ariba offers support across all phases of your spend analysis program, from implementation to ongoing data refreshes to analytical and system support. We offer extraction and transformation support, classification and enrichment results, spend assessments, training, helpdesk support and project management based on best practices. We can also provide category experts to help facilitate an understanding of sourcing taxonomies and spend assessments.

Learn about the benefits of Ariba's spend analysis solution.
Register for a live demo.
Request more information about Ariba Spend Visibility.

Benefits

According to the Aberdeen Group, lack of spend analysis capabilities is costing businesses $260 billion annually.* That's why spend management leaders use Ariba Spend Visibility solutions to analyze and optimize their spend, processes and performance.

• Sourcing savings identification ranging from 3% to 17% of addressable spend
• Reduction of up to 92% of supplier base
• Successful rollout at companies ranging from $100 million to $100 billion in annual spend
• Aggregation of organizations with varying complexity with up to 270 individual source systems including all major ERP systems
• Data Enrichment of more than $1 trillion in spend in over 100 countries in local languages

Ariba Spend Visibility arms you with the strategic insight to take control of your spend.

Explore spend analysis resources and downloads.
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Resource Library: Spend Visibility

Webinars

• Crossing the Savings Chasm with Spend Visibility
  
• How to Uncover Hidden Savings through Spend Visibility
  Featuring Aberdeen Group
  
• Maximizing Savings Goals with Spend Visibility
  
• Save Money in a Down Economy with Spend Visibility
  
• Spend Visibility - Beyond the Data