Spend Visibility

Does your organization have true "Spend Visibility"? Do you know how much you are spending? On what? And with whom?

Simple questions to ask, but challenging to answer. Disparate systems spread across multiple geographies. Incomplete and erroneous data. Multiple classification schemes. All these factors obscure spend visibility, leading you to make mis-informed sourcing and business decisions. And that can cost you money and put your business at risk.

Imagine the power of having accurate, up-to-date visibility into all your company's spending. Now imagine that this classified data is enriched with key business and market intelligence -- all delivered through an intuitive, yet advanced analysis engine.

Ariba Spend Visibility delivers a structured, 360-degree view into your spending and compliance, empowering stakeholders to identify quick-hit savings opportunities, implement optimal sourcing strategies, and improve compliance with existing contract terms to sustain long-term savings. The keys to this success are:

Speed. Swift implementation and integration with existing systems, ensures all spend data is captured and accurately classified. Robust dashboards, reporting, and analytical features enable fast, accurate and personalized analysis
Sustainability. Automated classification to both industry (e.g., UNSPSC, NAICS, eClass, etc.) and company-specific standards ensures consistent, highly repeatable spend analysis.
Coverage. Line-level, commodity-specific detail derived from all data systems ensures comprehensive, 'clean' data. And Ariba's enrichment capabilities and supply market expertise ensure you have holistic and actionable spend intelligence
Flexibility. Solutions can be delivered On-Demand or 'behind the firewall' and easily integrate into an overall spend management program

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Features

Ariba Spend Visibility arms you with complete and timely spend intelligence to make informed business decisions through:

Data Aggregation - Automated data extraction from ERP, Purchasing, P-card, and legacy systems ensurex rapid and complete acecss to all your company's spend data.
Data Classification - Proven, automated classification to both industry (e.g., UNSPSC, NAICS, eClass, etc.) and company-specific standards ensures consistent, highly repeatable spend analysis.
Data Enrichment - Ariba's global supplier and supply market intelligence turns static spend data into actionable intelligence, empowering you to make informed sourcing, compliance, and business decisions.
Spend Analysis - Intuitive, role-based dashboards, pre-packaged reports, and advanced analysis features make spend intelligence accessible and meaningful for stakeholders around the globe and from every function -- from the CFO to front-line commodity managers. Enriched data can easily be exported for use in an any 3rd-party analytical tool. And if needed, Ariba's industry and category experts will analyze your spend data to find the top areas for savings and train your team on how to uncover further opportunities.
Repeatable Process - Ariba Spend Visibility delivers a platform for repeatable spend management success—delivering a continually up-to-date your spend view with for repeatable opportunity identification, effective compliance monitoring, and sustainable savings

Ariba offers support across all phases of your spend visibility programe, from implementation to ongoing data refreshes to analytical and system support. We offer extraction and transformation support, classification and enrichment results, spend assessments, training, helpdesk support and project management based on best practices. We can also provide category experts to help facilitate an understanding of sourcing taxonomies and spend assessments.

Learn about the benefits of Ariba's Supplier Management solution.
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Benefits

According to the Aberdeen Group, lack of spend visibility capabilities is costing businesses $260 billion annually.* That's why spend management leaders use Ariba Spend Visibility solutions to analyze and optimize their spend, processes and performance.

Sourcing savings identification ranging from 3% to 17% of addressable spend
Reduction of up to 92% of supplier base
Successful rollout at companies ranging from $100 million to $24 billion in annual spend
Aggregation of organizations with varying complexity with up to 270 individual source systems including all major ERP systems
Data Enrichment of more than $800 billion in spend in over 100 countries in local languages

Ariba Spend Visibility arms you with the strategic insight to take control of your spend.

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Resource Library: Spend Visibility