Item-level spend analysis Same items. Different prices. We show where, and by how much.
We evaluate your supplier invoices line by line, across entities, plants and projects. You see where prices creep up and where identical items cost different amounts from one unit to the next.
Confidential, GDPR-compliant processing of your invoice data.
What is procurement analytics?
Procurement analytics evaluates your actual supplier invoices, line by line. Identical items with different descriptions are matched so prices become comparable across entities, sites, projects and time. The result is a prioritized list of price and terms levers per supplier, with the potential identified.
Unlike a spend analysis by category, it goes down to the individual item. That gives purchasing the figures for concrete supplier talks.
Three places where procurement loses money
Price increases
Prices rise step by step without the change being spotted at item level in time.
Inconsistent prices
Identical items are bought at different prices in different entities, plants or projects.
Unused terms and discounts
Agreed cash discounts and payment terms are not used in every entity and plant.
Your industry
The same analysis, with the items of your industry
Construction
Rebar, three-layer panels, ready-mix concrete and sewer pipes, bought across many entities and construction projects.
Industry & manufacturing
Purchased parts, C-parts and operating supplies, bought across several plants and suppliers.
A different industry? The analysis works wherever many suppliers deliver recurring items.
Reference
What procurement analytics found at a construction company
Construction companyResults
Construction company with around €1bn revenue and around €500m procurement volume. Scope analyzed: approx. 150,000 individual invoices from 160 suppliers.
- Up to40%
- price deviation at item level.
- 1–2%
- savings from consistent discounts.
- Up to€50,000
- savings per supplier and year.
Anonymized client example.
How it works
Little effort on your side.
- Your effort
Select the invoices
You decide which suppliers and which period we analyze.
- We handle it
Analysis and evaluation
We analyze the invoices at item level and identify savings potential.
- Together
Report and review
We prepare the results, review them with you and plan the next steps.
- On request
Negotiations
On request we support supplier negotiations or lead them for you.
What you get
Figures for your next supplier talks
- Savings potential per supplierCalculated from your actual invoices, prioritized by amount.
- Price development at item levelHow prices have changed over time, per item and supplier.
- Comparison between unitsWhere you pay different prices for identical items across entities, plants or projects.
- Terms and cash discount leversAgreed cash discounts and terms that are not used consistently.
Questions
Questions we often hear about procurement analytics
Which companies benefit from procurement analytics?
Companies with many suppliers and recurring items that buy across several entities, plants or projects. The more distributed the purchasing, the larger the price differences tend to be.
Which data do you need?
The invoices for the suppliers and period you choose, for example as an export from your ERP system. We settle the exact format in the first check and do the data preparation ourselves.
How is our invoice data protected?
We process it confidentially and under the GDPR. Access, storage location and deletion are agreed together before the analysis.
What happens after the analysis?
You decide which levers to pull. On request we support supplier negotiations or set up an ongoing check of new invoices.
Contact
Where does your procurement lose money?
In the first check we clarify which invoice data is available and which suppliers and units belong in the analysis. In a test run we then analyze a sample of your invoices and show you, in your own figures, where money is left on the table. No obligation, and confidential.
