Suplari Purchasing Analytics & Insights
Modern Intelligence to Drive Smart Purchasing Across the Enterprise
Suplari Purchasing Analytics & Insights helps procurement and finance teams improve their purchasing processes by gaining better visibility and search across the products & services they are buying.
With Purchasing Analytics & Insights, teams can easily search across millions of line items of data to discover inefficiencies, measure key purchasing metrics, discover outliers, and engage more strategically with their business partners. Organizations can quickly compare how much their company spent against how much spend was approved, surfacing insights to improve overall financial performance.
Rapidly Analyze & Search
Search across millions of PO lines & transactions to identify variances, manage demand, and find new savings opportunities.
Automated detection of PO policy violation to improve purchasing compliance.
Improve PO KPIs
Spend without PO, remaining spend on open POs, Spend exceeding PO and PO adoption.
The Purchasing Analytics & Insights module gives customers access to a growing library of purchasing related AI-driven insights developed by the Suplari Data Science team. These insights proactively deliver opportunities, saving time spent on data wrangling and running reports.
Insight into PO Approval Violations
Identify PO approvers that exceed their assigned approval limit. The approval limit can be based on a single PO, or on a group of multiple POs.
Insight into After-the-Fact Purchase Orders
Detect POs that were created after the transaction took place.
Insight into Budget Buster
Detects when transactions are assigned to a different cost center than referenced on the PO.
Insight into Spend Greater than PO
Identify spend that exceeds the amount on the approved PO amount. This spend threshold is based on the average variance rate of a supplier.
Insight into Surpassing PO Spend
Identifies AP spend greater than a set threshold without an associated purchase order. This represents spend that was not properly reviewed prior to payment, which exposes your organization to risk and increases the likelihood of paying for unneeded services.