Solution: EC Insights - eProcurement and eSourcing Solutions

Measure what matters. The precise metrics and data points that are important to your procurement organization might not be as important to another. EC Insights is focused on providing each leader with the most helpful insights possible based on the data provided.

EC Insights leverages data from any existing EC Sourcing Group solution as well as other data sources used by the organization. Based on our open API, we can integrate or create custom connections though EC Insights to other internal client data systems.

In today’s world, users want to see all of their team’s activities and value quickly and easily. EC Insights allows you to promptly see this detail in configurable charts and graphs.

Speed to impact and the ability to accelerate results are important for most procurement teams. EC Insights provides an opportunity for organizations to move more quickly than they did the day before.

Insights solutions for & by practitioners like you

Our teams have experience in the RFP trenches and partner with sourcing leaders to accelerate the impact of digital & procurement transformation initiatives – all while improving results and supplier performance

Meet Our Team

Client Results

Improving sourcing results, supplier engagement, and procurement ROI with client-driven enhancements

Excel-friendly upload/download the majority of project content

Numerous types and unlimited template possibilities for rapid and efficient re-use

Supplier input controls – receive desired content in preferred formats

Open API allows for turn-key integration with all other data systems

Automated reminders to ensure suppliers stay on track

Rich specification management – upload thousands in just a single zip file

Optional gating for confidentiality & managing Ts and Cs up front

Artificial Intelligence (AI) & Machine Learning (Text Analysis & Navigation)

Solutions that help procurement & sourcing teams…

Expand value rapidly to new departments and categories

Shorten traditional RFx & sourcing cycle times by 40-60%

Drive average annual savings improvements of 15-30%

Generate actionable insights & transfer more knowledge

Increase influence & spend under management by 20-40%

Align more effectively & securely across data systems & stakeholders

Discover how leading procurement organizations leverage our solutions and team as an extension of their own to optimize value & results

Case Studies

EC Insights is our procurement leadership dashboard and sourcing decision support module. It is compatible with all of our existing solutions as well as virtually any external data source systems. EC Insights provides procurement, sourcing, and supply chain leaders with advanced dashboards and reporting that is aligned to your top goals.

If you are interested in increasing your speed to impact, EC Insights might be exactly what the doctor ordered. It’s much different than other third-party dashboard and reporting tools,

RECENT SOLUTION BENCHMARKS

Experience dynamic technology that helps put an end to…

Impossible–to–find project data you’ve used previously

Internal audits that are painful because of lack of documentation

High costs due to data integrity & integration challenges

Stakeholder & supplier frustration with the tools or process

Would you be interested in ongoing metrics to measure your department’s performance?

EC Insights is very flexible and completely designed to work with your procurement team’s existing solution set. The capability of the module is centered on considerations for procurement performance management that matter most to you. Some organizations elect to focus on tracking FTE contribution levels and ROI per team member while others focus their attention on strategic areas such as expanding category coverage and building strategic relationships across stakeholders. Regardless of your focus, EC Insights can help deliver reporting that saves you time and of course, money.

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Testimonial

"We monitor the market and evaluate other options on a regular basis but we still have not found a product that is this easy to use ‐ so we stay!"

CLIENT TITLE	INDUSTRY	RELATIONSHIP
PROCUREMENT LEADER	MANUFACTURING & DISTRIBUTION	CLIENT PARTNER

CLIENT TITLE

PROCUREMENT LEADER

INDUSTRY

MANUFACTURING & DISTRIBUTION

PROCUREMENT LEADER

CLIENT PARTNER

"I have been in wireless for 12 years and this is the best RFI/RFP process that I have experienced, streamlined, concise, and easy to understand."

CLIENT TITLE	INDUSTRY	RELATIONSHIP
VICE PRESIDENT, SALES	TELECOM	GLOBAL SUPPLIER

CLIENT TITLE

VICE PRESIDENT, SALES

INDUSTRY

TELECOM

PROCUREMENT LEADER

GLOBAL SUPPLIER

"They understand what you need and how you want to receive it because they've lived in your world."

CLIENT TITLE	INDUSTRY	RELATIONSHIP
SENIOR ANALYST	SPECIALIZED CONSULTING FIRM	CLIENT

CLIENT TITLE

SENIOR ANALYST

INDUSTRY

SPECIALIZED CONSULTING FIRM

PROCUREMENT LEADER

CLIENT

"Your software is great! I have been involved in many of these (e-sourcing negotiations) and in fact just finished one last week for a Fortune 20 Healthcare Company. Your software is much less complicated and more user-friendly than any of the other ones I have used."

CLIENT TITLE	INDUSTRY	RELATIONSHIP
SALES EXECUTIVE	MANUFACTURING & DISTRIBUTION	SUPPLIER

CLIENT TITLE

SALES EXECUTIVE

INDUSTRY

MANUFACTURING & DISTRIBUTION

PROCUREMENT LEADER

SUPPLIER

EC SPEND TRANSFORMS THE MESS TO FIND VALUE

Transforming Your Spend Data to Accelerate Savings Capture

How would you describe your current spend analytics process? Does it give you a complete picture of all spend across the entire organization in a way that you can draw helpful conclusions from? For instance, if you wanted to run a competitive sourcing event for General Industrial Supplies within the MRO category or to measure the potential impact a Group Purchasing Organization(GPO) partner could have on savings opportunity, do you have the data organized in a manner to evaluate? Does your PO process completely alleviate errors in how it categorizes and classifies purchases? Do you feel like you might have to ask the supplier for data support because of how your ERP system, BI tool, or PO database have designated the buys? That is a to ugh spot to be in! Having to begin a procurement process by asking the supplier for data and contractual information you should have, is never negotiation strategy.

EC Spend takes your raw data from any disparate data source system and transforms it to provide a 365 degree view of all sourcing-related opportunities available across the organization. Much like our other modules, EC Spend is compatible with any existing ERP, Expense Management, TMS, VMS, or other data source system.

LEARN HOW EC SPEND CAN TRANSFORM YOUR RAW DATA TO FIND NEW VALUE OPPORTUNITIES

EC Sourcing Group’s configurable solutions are flexible and currently serve many procurement operations leaders across industry. Retailers, food companies, healthcare organizations, education organizations, manufacturers, financial & investment companies, technology organizations, and select government contractors leverage our solutions for their needs.

EC SPEND ENABLES ORGANIZATIONS TO FIND NEW SAVINGS OPPORTUNITIES WHILE ALSO MANAGING COMPLIANCE

As with all of our solutions, EC Spend is compatible with any of our modules as well as your existing ERP, CRM, expense management, vendor management, eProcurement, transportation management, or other financial & supply chain applications which it can connect with via open API.

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Featured Resources

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E-Book Series: Procurement Stakeholder Alignment

Digital-related transformation projects have marched up the priority list with a marked increase in departments looking to leverage advancements in technology to accelerate value.

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