What is a Spend Analytics Diagnostic?

Spend Analytics Diagnostic is a process that uses Spend Analytics Software to analyze company spend data, that delivers tangible business benefits. Spend Analytics Diagnostics is used to provide fast, accurate, and compelling data-driven insights.

What makes Accelerated Insight unique?

In less than 24 hours from data receipt, your free 4-page Diagnostic will be in your inbox, Hassle-Free, and No Obligation Guarantee.

Developed over many years, the Diagnostic provides the “Art of the Possible”

• No Obligation Guarantee

• Use your Own Procurement Spend Data

• Out-the-box spend analytics

• Provide procurement spend insight

• Spend Visibility

• Free Text Analysis

• Aggregated Supplier Spend

  Spend Analytics Diagnostic 6 Step Process

1. Spend Analytics Diagnostic Your Requirements

   30 Min Call to Establish your Requirements, Goals, Objectives, and Scope. Conducted remotely via Teams, Zoom, or GoToMeeting.

   Our data extract template is also reviewed.

2. Non-Disclosure Agreement

   Due to the Confidential nature of spend data, we would recommend putting in place a legal Non Disclosure Agreement, this is very common.

3. Spend Analytics Diagnostic - Data

   Accelerated Insight uses a secure Microsoft 365 E3 Environment portal, to make data sharing easy and safe.

   Some clients prefer we have access to their data exchange platform, both methods work well.

4. Spend Analytics Diagnostic in less than 24 Hours

   Once the data is received and mapped to Accelerated Insight, a diagnostic assessment is performed on the dataset.

5. Spend Analytics Diagnostic - Output

Spend Analytics Report Consists of PDF Dashboard report, which provides the following :

• Supplier Spend

• Pareto Spend Analysis

• Text Analysis

• Annual Spend

• Spend Run Rate

• Spend Analytics Diagnostic - Review

  At the output is Reviewed, findings, conclusions & Recommendations