Is lack of insight worth the risk?

Uncovering opportunities to save costs is always a good thing, but it's the prospect of exposing the company to unforeseen risk that keeps CPO's up at night.

What is happening in your indirect supply chain right now?

A Maistro spend analysis can provide the answers

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50% of tail transactions take place without any procurement oversight or governance

Supply Management Insider

We understand - not every purchase needs procurement’s involvement. By its very nature, low-value/indirect spend relies on users throughout the organisation being able to purchase services quickly and easily which is why 80% of the supply base exists within the tail.

However, the flip-side to this type of frictionless purchasing will be a lack of visibility and control and left unchecked, can lead to situations where risk is increased without red-flags being raised in time for the right people to mitigate.

Bring your data to life

The ability to capitalise on data insights and analytics can make or break the competitive advantage of a company. Our ‘Insight Builder’ Technology transforms raw procurement spend and contract data into a business analytics visibility tool, with easy-to-understand dashboards and analysis, in the form of Microsoft PowerBi graphs, charts, tables and text.

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What can you expect to gain from a spend analysis?

A Maistro spend analysis will not only highlight areas that can be targeted for cost-savings but will also provide you with real actionable insight. We present your data to you in a way that offers solutions on how to best use your newly acquired visibility to plan your next steps.

Benefits include

Who purchases what and from where

Evaluate supplier performance

Categorise supplier verticals

Align company values

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Gain visibility on spend behaviours

Benchmark internal performance

Procurement calendar

Horizon planning

How does it work?

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Step 1

The discovery phase uncovers what data we recommend from you to begin the analysis

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Step 2

We work through your data, sorting, categorising and identifying patterns, and opportunities for savings

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Step 3

We play back our findings in an easy to understand format that highlights opportunities and risks