The Spend Analysis training is designed to educate the user on the functionality of the Spend Analysis system. The session is designed to use the client’s financial information during the training session helping the students to understand the analytics available to them through the Spend Analysis product. This will help the client to manage the supplier base more effectively and identify “rogue” spending.
This Course Covers:
Through an intensive web based session students will learn how to find the following information utilizing Spend Analysis:
- Understand the Spending Profile - Who is buying what from whom corporate-wide? How much are we spending company-wide in each spending area? By organization group? By supplier? By geography?
- Identify Savings Opportunities - Where are we using unapproved suppliers? Which spending areas might offer potential savings?
- Track Employee Purchasing - Are employees following company purchasing polices or engaged in “rogue” spending?
- Manage Relationships - Are we using the right suppliers in the right areas?
- Budget More Effectively - How are spending areas evolving over time? Are the results in line with budget forecasts?
Method of Delivery:
Web Based or Instructor Lead
Target Audience:
Students who need to know the Financial Analytics of their company
Prerequisites:
None
Course Length:
1/2 day
To schedule for any of the Education department’s
course offerings please fill out the Request
for Training Form.
Education Overview 
Buyer Training 
Advanced Functions and Optimization Workshop 
