Software for Spend Analysis, Spend Transparency and Initiative Management

Detailed insights and optimized spend for direct and indirect spend categories

Analysis & Ideation uses category-specific transactional data from a company’s spending to determine the most impactful actions that you can take to immediately reduce spend and hit your targets. The savings analysis covers category-specific commercial, demand, and process levers, runs in-depth sourcing analytics on millions of transactions, and applies a set of proven, category-specific levers to identify and seize savings.

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See Analysis & Ideation In action and what’s in it for you

Find out more about the power of our Analysis & Ideation solution and learn more about our unique analytics capabilities for direct and indirect spend. Learn how we can help you identify improvement opportunities, derive tangible benchmarks, and achieve complete spend transparency.

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the most valuable benefits

Create competitive advantage

Direct - Compare prices against regression benchmarks with Linear Performance Pricing (LPP)

Create competitive advantage

Direct - Compare prices against regression benchmarks with Linear Performance Pricing (LPP)

Decrease spend for similar parts

Direct - Use technical properties to identify clusters of similar parts, optimize spend, and margins or number of parts

Decrease spend for similar parts

Direct - Use technical properties to identify clusters of similar parts, optimize spend, and margins or number of parts

Always get the best possible price

Direct - Import index data and create cost-arche- types to compare price fluctuations with Input Cost Monitoring (ICM).

Always get the best possible price

Direct - Import index data and create cost-arche- types to compare price fluctuations with Input Cost Monitoring (ICM).

Derive tangible spend benchmarks

Indirect - Compare spend data with external indices, clean sheet cost models, and third-party benchmarks.

Derive tangible spend benchmarks

Indirect - Compare spend data with external indices, clean sheet cost models, and third-party benchmarks.

Achieve complete transparency

Indirect - Rapidly build a harmonized transaction-level spend view to uncover improvement potential.

Achieve complete transparency

Indirect - Rapidly build a harmonized transaction-level spend view to uncover improvement potential.

Get deep category analytics

Indirect - Perform in-depth analyses and use proven category levers for several indirect categories.

Get deep category analytics

Indirect - Perform in-depth analyses and use proven category levers for several indirect categories.

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Key features of category analytics

Orpheus, a McKinsey company - Category Analytics

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In-depth analytics

Our solution for indirects is available for several categories, including lodging, air travel, road freight, courier services, temp labor, and MRO.

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Impact identification

Make use of integrated category-specific commercial, demand, and process levers and powerful analytics to ensure impactful opportunities.

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Automation inside

Automated property extraction through text mining enables interaction with data in a visual way and pre-defined reports to communicate insights.

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Smart connection

Access all connected data and create multiple analysis and use case scenarios to visualize spend with slicing and dicing data opportunities.

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Reliable analyses

Our solution for direct spend includes multiple analyses including Identical Parts Analysis, Similar Parts Analysis, Linear Performance Pricing, and Input Cost Monitoring.

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Powerful capabilities

Fully customizable, cloud-based application with slice and dice capabilities for direct and indirect spend categories and intuitive drill down capabilities.