SAP BusinessObjects Spend Performance Management
Maximize Savings, Reduce Supplier Risk
In today's economic environment, your success depends on your ability to reduce spend, increase cost savings, and identify supplier risk through effective spend performance management processes. Your purchasing department has many factors to consider: budgets, planning, import costs, trade compliance, supplier soundness, and historical price and supplier performance data can impact how and from where you source – as well as how much you can negotiate.
The SAP BusinessObjects Spend Performance Management application can help your analysts or category and line-of-business managers run better by:
- Rapidly identifying savings opportunities
- Gaining spend visibility and solving the spend data challenge
- Reducing supplier risks
- Increasing spend under management
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SAP BusinessObjects Spend Performance Management offers comprehensive reporting and process functionality that includes:
- Business content – Over 130 out-of-the-box performance metrics surface savings opportunities and critical business insights and easily identify supplier risks and prioritize the alternate supplier strategies.
- Ad hoc analysis – With third-party data integration into an intuitive visualization engine, your users can easily create reports, dashboards, and additional metrics.
- Business process support – Support risk management processes with workflows, metadata, and industry expertise; get procurement analytics through transactional data from back-office systems and real-time feeds from news and credit ratings.
- Data extraction and transformation – Quickly extract spend data from SAP and non-SAP data sources.
- Collaborative performance management – Capture performance goals, contributing factors, and snapshots of spend and savings opportunities; prioritize actions to improve key performance indicators.
- Trade cost and import compliance management – Enable debarred supplier visibility and total landed cost calculations.
- Strategic sourcing – The software is integrated with SAP Sourcing to launch sourcing initiatives from savings opportunities.
With SAP BusinessObjects Spend Performance Management, you can realize the following benefits:
- Gain spend visibility and solve the spend data challenge by automating data capture from disparate systems and improving data accuracy for faster insights.
- Rapidly identify savings opportunities by finding savings potential and proactively monitoring contract compliance.
- Reduce supplier risks by highlighting single-supplier dependencies and supply concentration, and by analyzing a supplier's risk profile based on external and internal factors.
- Increase spend under management by setting up performance targets on critical success factors and collaborating with stakeholders to increase volume of spend managed.
- Support a closed loop process for integrated sourcing and spend management.
- Add value by attaching SAP BusinessObjects Global Trade Services to enable debarred supplier visibility and total landed cost calculations, as well as visibility into global trade agreements.
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