About Spend Analysis

Review Spend Analysis data from the Spend Analysis form at Sourcing Buyer > Spend Analysis.

Spend Analysis uses Accounts Payable (AP) invoices and purchase order information to show how much has been spent within a certain period of time for different groupings:

  • Procurement group, company, location, buyer or requesting location

  • Buyer, location, requesting location, or location

  • Diversity code

  • Commodity code

  • UNSPSC

You can use spend information to negotiate contracts, forecast expenses, determine where contracts need to be established, send items out for bid, and find details about off-contract purchasing.

Setup

There are two parts of the process to create spend analysis data. First, you run a program that gathers information from accounts payable invoices and invoice and purchase order details. The second part consolidates the raw invoice detail data into useful views and roll ups. You can run these two tasks together or separately.

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