The SpendCube gives you a single view your spend activities with suppliers, even across multiple countries, currencies and finance systems.
SpendCube is a vital tool in cost reduction giving you the information you need to negotiate effectively with your suppliers.
Track price variations across your key raw materials over time, country and supplier.
Classify spend by product categories to identify supplier fragmentation and cost inefficiencies.
Link multiple versions of the same supplier to understand your spend across all their organisation. Many suppliers won't have a full picture of your spend with them so you may not be getting the right volume discounts.
SpendAnalyse is designed to manage information from multiple systems with tools to help you match and consolidate suppliers to gain a single view of sales.
Mergers and Acquisitions
SpendCube is vital if you are merging organisations. Your systems are incompatible and conventional tools will take months or years to implement.
SpendCube is unique in delivering robust functionality whilst offering rapid implementation - normally in 4-6 weeks.
Spend information can be merged from multiple organisations enabling you to start demonstrating the synergies this year.
Simply harmonising payment terms can yield millions of pounds in cash flow savings. You'll be able to find which organisation has the best pricing for shared products and used the combined spend to negotiate further discounts.
Contact pureXML to learn more about SpendCube and if it could work for you.
We love to chat to people about their business problems so even if SpendCube isn't right for you, we would like to hear from you.
Contact pureXML now on +44 (0)789 99 77 996.