SAS Spend Analysis Description
Spend Analysis provides visibility into procurement information. It allows you to determine spend by commodities and products as well as suppliers. It also offers a dynamic ranking system that allows you to keep a snapshot of your most valued suppliers. SAS gives you more insight to help you better leverage your purchasing power, reduce costs, and improve supplier relationships. Spend Analysis combines procurement data from your organization to identify total expenditure by commodities and suppliers. Understanding your spend behavior will help you identify cost-saving opportunities in procurement activities within the organization. You can rank suppliers using your own criteria. You can also dynamically change the weight of each criterion. You can identify the best suppliers for your organization and prioritize them, improving your supplier relationships, and optimizing your procurement spend.
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