Module: Spend Analysis

Understand Spend Data and Maximize Savings

Understanding and managing spend is critical to leveraging your corporate buying power and increasing your bottom line. Knowing – at the granular level – how and where your company is spending its money is the gateway to better sourcing events and greater profits.

If your company has made significant investments in technical infrastructure yet you still need to create manual spreadsheets to get critical information, EC Sourcing has your answer.

FlexRFP: State-of-the-Art Analytics

Our advanced spend analysis process has the tools to meet your specific needs and deliver a robust and flexible solution that incorporates advanced yet simple-to-use analysis capabilities. Built by industry experts, our spend analysis enables you to look at your spend that way you want to.

Using only basic internet skills you can:

  • View your spend the way you want – by major or minor or even sub – sub category – across business units or countries
  • Drill into the data to gain valuable insight
  • Monitor compliance after new contracts are executed to control maverick spend
  • Aggregate data from different host applications (ERP, receiving, P-Card, T&E, etc,) to get a complete multi-dimensional view of your entire operation on one screen
  • Create any report

FlexRFP™ is a powerful real-time spend analysis tool that eliminates the need to re-create or update your reports – using only a simple point-and-click interface.

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Feedback:

FlexRFP is the solution I wish I found sooner and we immediately realized efficiencies. The newfound productivity is becoming a strategic focus as leverage to win business in my department as well as the organization. Furthermore, the transition of our old quoting system was nearly flawless with the service and support of EC Sourcing as a whole. All in all, a great company to start a partnership with.

Joe C

General Cable

EC Sourcing Group solutions save us a significant amount of time each day. Ron and his team helped us design and develop the custom solution we needed and continue to add new features each year to make our jobs easier. We value our partnership with EC Sourcing and the sourcing management solutions they provide us.

Berwick Offray

LLC

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