Spend Analytics and Reporting
Centralize procurement reporting via custom dashboards and insights.
Unlock procurement insights by centralizing reporting from across all your relevant systems. With Tonkean’s workspace apps, build custom dashboards to track the metrics, categories, and timeframes that matter most to your business. Capture every detail, ensuring that nothing falls through the cracks.
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Comprehensive visibility
Gain a 360-degree view of your organization’s spending with Tonkean’s integrated analytics.
- Consolidate reporting from a wide range of data sources, including P2P, ERP, CLM, SRM, inventory management, risk management, sustainability and ESG, and more.
- Simplify post-M&A reporting by consolidating data from multiple application instances without disrupting operations.
- Analyze your spending in-depth with breakdowns by category, department, supplier, and more.
Proactive spend management
Anticipate future spending and get the lead time you need to maximize procurement’s value for upcoming projects.
- Proactively manage contract renewals and compliance by leveraging real-time contract analytics to forecast renewals and negotiate terms effectively.
- Use historical spend analysis to drive strategic sourcing decisions and identify opportunities for cost reduction and supplier optimization.
- Improve financial planning with early detection of potential savings and overruns.
Fully customizable. No code. No queries.
Empower your team with tools to adapt analytics to their specific needs on the fly.
- Quickly and easily tailor dashboards to fit different roles and responsibilities with drag-and-drop tools and preconfigured integrations.
- Ensure relevant stakeholders have access to the insights they need to take informed action.
- Align every view to your brand look-and-feel with Tonkean’s theme editor
Process insights and optimization for procurement operations
Get a birds-eye view into workflow efficiency, spot bottlenecks, and manage workloads effectively.
- Pinpoint bottlenecks and inefficiencies so you can reduce cycle times and improve overall performance.
- Benchmark performance across teams to identify and standardize best practices.
- Uncover cost-saving opportunities through detailed analysis of procurement behaviors.
