Spend Management
The Spend Management module enables analysis of all of the organization's procurement spending by category, unit, and supplier.
Solidra Spend Management consolidates scattered procurement data into a single structure, increasing spend visibility and control.
How Does It Work in Solidra?
- 1Step 1
All procurement transactions are automatically converted into spend data
- 2Step 2
Spending is classified by category, unit, and supplier
- 3Step 3
Budget is compared against actual spending
- 4Step 4
Periodic spend reports are generated
Key Features
- Category and unit-based spend analysis
- Budget vs. actual comparison
- Supplier-based spend visibility
- Periodic and customizable reports
- Identification of savings opportunities
See Solidra in your own processes
Talk to our team and let's plan the setup that best fits your procurement.