4 Ways Private Equity Can Leverage Spend Analytics to Help Drive Immediate Savings.
SUMMARY
1
Supplier Consolidation
With Spend Analytics, private equity gains access to unique supplier insights, including which suppliers are providing the best value for your portcos.
2
Tail Spend Management
Poorly managed tail spend can hide many problems. By introducing solutions to help encourage smarter, more strategic purchasing decisions, firms are creating opportunities for everyone to benefit.
3
eSourcing and eAuction
eSourcing & eAuction software is set up to be transparent, which allows for better collaboration between your portco’s and their suppliers. eSourcing levels the playing field for smaller businesses.
4
Demand Aggregation
Spend Analytics improves long-term purchasing decisions by aggregating a large volume of transactions from multiple geographies into a single platform that allows sophisticated analysis and modeling.