Introduction
Emptoris® Spend Analysis is a web-based information and management tool. With the help of this tool, you can analyze the expenses that are incurred by the employees of your organization for purchasing various products and services from various vendors.
The following table describes the capabilities of Emptoris Spend Analysis.
| Capability | Description |
|---|---|
| Understand the Spending Profile | You can get a list of products and services purchased by your employees. The amount that is spent by employees across the organization in each spending area (Such as by organization group, by supplier, by geography.) |
| Identify Savings Opportunities | You can identify potential savings opportunities by using approved suppliers. |
| Track Employee Purchasing | You can track if employees of your organization are following company purchasing policies or engaged in "rogue" spending. |
| Manage Relationships | You can manage relationships by using appropriate suppliers in the respective areas. |
| Budget More Effectively | You can manage the budget of your organization more effectively. |