insights that inspire action

spend analytics

maximize efficiency, minimize cost

Data Driven Insights For Business Growth

We want you to focus on ideation of strategies instead of being reactive to situations. We aggregate all your spend data to give you a unified view of the organization’s spending patterns. Pivotal Anchor leverages advanced data analytics along with Artificial Intelligence and Machine Learning to identify cost saving opportunities and future price trends which aid in strategic sourcing decisions. This enables businesses to optimize their procurement processes, negotiate better with suppliers, and achieve greater financial efficiency. Our solution offers real-time reporting to reduce time to market and enhance your innovative thinking.

CATEGORY ANALYSIS

Understand Economic Shifts to Leverage the Best Market Price

pareto analysis

Accurate future projections from historical data and industry experts

spend compliance

Control spend efficiently by tracking non-PO & non-Contract spend

vendor compliance

Mitigate risks by ensuring vendors stick to their contractual obligations.

From Our Founder

How Spend Analytics can Streamline your process

Benefits of an automated spend analytics solution stretches beyond cost reduction. With aggregated data, you can easily discover if there is duplication of spending. For example you may uncover spend where two departments are separately spending on two different coffee services. Streamlining the spend into a single contract and combining volumes, can improve efficiency as well as spend.

Spend Analytics for improving supplier relationships

By analyzing the supplier’s lead time commitment against the actual delivery, you can easily identify non-compliant suppliers. This will help mitigate the risk caused by late deliveries which can affect your customers’ expectations.

Our experts at Pivotal Anchor has helped several organizations uncover risks and inefficiencies. Contact us to discover new patterns in your spending.

Schedule a Demo

Join the Data Revolution Today!

Sign up for a free demo or contact our experts to learn more about how Pivotal Anchor can revolutionize your data analytics strategy. Together, let’s transform data into action.

+1 (508) 794-9294
info@pivotalanchor.com