We’ll admit it, there are plenty of spend analysis solutions. In fact, the market is starting to get a bit saturated with them. So why did Source One, the leading procurement services provider, set out to create yet another spend analysis tool? Because we know that none of the other spend analysis resources were designed specifically for use by Procurement and Strategic Sourcing professionals.
The procurement consultants at Source One know spend management. We’ve conducted thousands and thousands of sourcing events and have managed billions in spend over the past few decades. In recent years, we’ve looked for the best spend analysis tools to help our clients manage their purchasing and plan future cost reduction opportunities. What we’ve found is, while there are some great spend analysis tools out there, none of them really give procurement teams exactly what they want. We built SpendConsultant to bridge that gap by focusing our efforts in 4 critical areas:
SpendConsultant was designed by strategic sourcing professionals for strategic sourcing professionals. If you’re looking for inventory analysis, pricing variances , or tie-ins to your SRM and VMS modules, this isn’t the right solution for you. We’ll be happy to identify the tool you’re looking for.
What SpendConsultant can do is help you make great sourcing decisions and develop strategies in a rapid and cost effective manner. We know how to group suppliers and spend categories into actionable categories. where Sure, we might not have all the bells and whistles of those “other guys.” Don’t forget, however, that we’re a fraction of the price, give you exactly what you need, and can do everything much, much faster.