Less than 30 minutes from loading a data file to cleansed, categorised, dash-boarded and expertly segmented tail spend data. Set segmentation parameters to taste e.g. top 80% (segmented as 60% strategic and 20% tactical) and bottom 20% (segmented as 15% and tail 5% tail of tail).
Automatically dash-boarded opportunity assessment plus dive into the transactional detail. Greater insight and sharing of tail spend and buying data across departments to drive smarter buying decisions and collaboration.
Benefits of Tail Spend Management
Ignored this final frontier of cost savings at your peril. An opportunity for 20%+ savings as well as increased control and compliance.
Visibility and savings faster than you thought possible. Leverage your data to collaborate valuable tail supplier information to those who need it when they need it.
Minimal Internal Resource
Your Tail Spend Management Solution is ready to go in minutes. There’s no need to design, build, and maintain BI infrastructure.
Visualise your segmented tail spend base in minutes
Full visibility of every supplier in your supply chain
Focus in on the bottom 20% of your indirect spend volume (e.g expense, e-commerce, catalogue and more tactical items) which equates to 80% of your aggregate total supplier volume.
Advanced opportunity analysis automated “on a plate”