Spend Analytics
Unlock Savings with Prokraya's Spend Analytics
Prokraya’s Spend Analytics module enables organizations to transform raw data into actionable insights, helping them identify cost-saving opportunities and streamline their procurement processes. By processing, validating, and presenting data in a clear and accessible format, Prokraya enables key stakeholders to gain deeper visibility into organizational spending.
Key Features
Descriptive Analytics: Understand past procurement patterns.
Diagnostic Analytics: Analyze why certain procurement outcomes occurred.
Predictive Analytics: Forecast future procurement performance using trends.
Prescriptive Analytics: Leverage data-driven models for smarter decision-making.
Benefits
Cost Reduction: Identify and capitalize on savings opportunities.
Risk Management: Mitigate risks by analyzing and controlling spending.
Cash Flow Improvement: Optimize financial planning and cash flow.
Sourcing Opportunities: Discover new ways to enhance the supply chain.
Prokraya’s Spend Analytics is your all-in-one solution that brings all your business spending under management, unlocking new value across your organization. Contact us today for more details!