Objective

Data Added

Client Value

Approved Vendor Usage

list of approved / preferred vendors

• Higher use of lower cost vendors
• Identify maverick / preferred vendors and users of both

Contract Status

contract status by vendor

• Improved contract compliance and use of contracts
• Identify what is being spent under and not under contract and where the spending is occurring

Diversity Compliance

diversity status

• Meet diversity vendor program goals
• Identify percent of participation by business unit

Vendor Relationship

vendor status as a customer

• Gives visibility of vendor customer status to buyers and sales team for relationship management

Purchase-to-Pay

process used for each transaction

• Improve internal controls by identifying spending without P.O.s

Post Merger Integration

spend data from new organization

• Improve vendor negotiations with consolidated spend
• Reduce cost by consolidating vendors