Spend analysis delivers improved procurement perceptibility to clients. It helps enterprises evaluate expenditure on products, services, commodities, and suppliers. In addition, it helps to rank suppliers for better relationship management.
Future Market Insights’ spend analysis solutions integrate procurement information across the firm to evaluate total spend on suppliers. This expands the cost-saving opportunity in procurement activities across the firm. Spend analysis also helps to make improved fact-based decisions.
FMI’s spend analysis services feature
- Improved spend data
- Enhanced supplier data
- Detailed cost-saving opportunities assessment
Spend analysis data from FMI uncovers new cost-effective opportunities for enterprises and turns insight into action.