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1www.spendradar.com
The Spend Radar Solutions Framework depicts the integration of the Spend Radar modules to offer advanced spend management and reveals how combining the modules provides the most strategic value to your company.
The Spend Radar Solutions Framework.
2www.spendradar.com
Data Manager accepts data in any file format – provided, of course, it’s not a read-only format.Inventory files, accounts payable, p-card files, supplier information files and any other type of files that need to be loaded, in any language, in any currency.
Data Manager is where all your spend and spend-
related data is stored – one secure, central location.
3www.spendradar.com
Reporting & Analysis is where you view your data that is stored in Data Manager. Reports are provided in a visual, interactive method that simplifies complex analysis and provides instant insight to an organization’s spend, sourcing opportunities, savings and compliancy rates.
Reporting & Analysis provides a visual representation of all the data stored in Data Manager
4www.spendradar.com
Data Manager and Reporting & Analysis combined provide basic spend analysis. All of the benefits of collecting, cleansing and classifying your data, as well as a visual analysis of your data are provided, allowing you to make sourcing and saving decisions. However, there is much more available to give you advanced spend management.
Basic spend analysis is collecting, cleansing and classifying your data. Reports of the cleansed data give you the information you need to
make decisions.
Basic spend analysis provides low overall
strategic value.
5www.spendradar.com
Adding Refresh Manager offers flexible refresh schedules on a scheduled, ongoing basis for individual data files and gives you the ability to make changes to your data files. This increases the strategic value of your spend analysis solution.
Adding the Refresh Manager module
allows you to make changes to your data
Adding Refresh Manager increases the strategic value of your
spend analysis
6www.spendradar.com
Content Manager integrates third-party supplier and market data to extend spend monitoring and control. It is customized to provide enriched views within any business unit or data set.
Adding Content Manager increases the strategic value of your
spend analysis
Adding the Content Manager module allows
you to add more information to your data
7www.spendradar.com
Any combination of modules is possible, but again, the strategic value is not as high.
With just one extended module, the value of your
spend is analysis is less than with all modules
8www.spendradar.com
Performance Manager incorporates full-compliance monitoring across sourcing and saving projects, as well as tracking of spend activity for specific categories against sourcing award and contract activity.
Adding Performance Manager along with Content Manager and Refresh
Manager gives you the highest strategic value of your spend analysis
9www.spendradar.com
Contact Spend Radar to learn more about advanced spend management.
311 S. Wacker DriveSuite 2270
Chicago, IL 60606 +1 312.262.9810