How Procura Spend Analytics will help your business

  • Gain complete transparency of your expenditure
  • Completely understand your complete supply base
  • Categorise your expenditure against supply markets
  • Identify savings opportunities
  • Take advantage of savings opportunities arising from growth and increased procurement leverage
  • Eliminate maverick and non-compliant or off-contract behaviour
  • Track and verify procurement performance and improvement

The Foundation for Procurement Excellence

Procura have developed our own Procurement technology, tools and methodology to collate, analyse and present vast amounts of transactional spend data in a meaningful way.

Your proprietary spend analytics platform, ProIntell, allows you and your team to analyse and interrogate your data, through a suite of analytics dashboards and the ability to drill-down into your transactions. Custom dashboards are easily created to suit the requirements of individual users and we train your team to use the visualisation tools.

Refreshing your spend data on a regular basis is straightforward and allows you to track, monitor and optimise your spend on an ongoing basis

Utilising ProIntell on an ongoing basis enables you to:

  • Ensure savings initiatives are implemented and deals are utilised
  • Identify new savings opportunities as they develop
  • Compare budgets and outcomes
  • Manage contracts and suppliers
  • Verify the achievement of targeted savings

Financial & ERP Systems

Spend data is often distributed between a large number of financial and ERP systems, across many different geographical and business entities. Purchasing activity itself may be widely distributed and can include significant unofficial, ‘maverick’ or non-compliant activity.

Our cloud-based spend analytics tool, ProIntell, allows you and your team to analyse and interrogate your data, through a suite of analytics dashboards and the ability to drill-down into your transactions. Custom dashboards are easily created to suit the requirements of individual users and we train your team to use the visualisation tools.


Deep Insights.

Procura applies structure and analytics to deliver deep insight into categories and suppliers at many levels, linking and enriching data from many sources, revealing savings opportunities and tracking performance.

Step 1: We collate data from all potential sources to create a complete picture of non-pay spend

Step 2: Data is cleansed, consolidated and validated

Step 3: Spend is categorised according to supply market. We utilise our own proprietary procurement categorisation and bespoke to every client.

Step 4: Spend is visualised and analysed through our ProIntell spend analytics platform

Step 5: We review and analyse to provide clear, actionable insight.

Digitisation data console on pc screen

We regularly monitor, review and benchmark the cost base through spend intelligence and provide actionable recommendations on where costs could be reduced to ensure that savings continue to be delivered on an ongoing basis.

Procura Consulting. If your organisation purchases products or services, we can help you identify, deliver and maintain cost savings through better procurement.

ProIntell. ProIntell offers you a smart way to monitor, review and benchmark spend in order to optimise costs and improve your financial position on an ongoing basis.

ProSource. We leverage the combined purchasing volume of our members to negotiate preferential pricing with trusted and best value suppliers across 11 indirect spend categories saving you 15-20% on average.

ProSearch. Through our offices in London & New York, we help clients recruit the best talent, with a range of Executive Search, contingent Permanent & Interim recruitment and blended Consulting & Staff Augmentation ‘On Demand’ resourcing solutions.

 

FIND OUT MORE

Contact us to discover how an initial complimentary assessment can identify savings for your business.

Contact us

We build long-term partnerships with our clients that deliver ongoing cost reduction and continuous improvement in procurement processes that add value to the bottom line. If you would like to know more about how that works for your business then please get in touch: