Spend Analysis Case Study
Client Profile
A food manufacturer of household cupboard staples wanted to know and understand more about the spend in terms of suppliers, category and sub category, enabling them to have full visibility with the detail behind it.
Key Goals
- Spend visability.
- Analysis of trends.
- Where’s the low hanging fruit?
- Efficieny gains – invoice over value!
The Project
- A full AP download of all supplier invoice transactions, identified immediate low hanging fruit which could be tackled quickly.
- Delivered efficiency gains taking cost out within the AP admin process.
- Identified risk, spend distribution against key suppliers.
- Easy identification of off contract spend.
- Payment terms re-alignment, keeping cash in the bank
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