As organisations continue to face financial pressures, it’s becoming increasingly important for them to optimise spend and reduce costs from the business’s purview. Spend-as-a-service (SaaS) is a business model which provides an end-to-end solution for managing overall spending. It is designed to fit in the needs of any organisation, regardless of its size or industry.
Spend analytics is a powerful tool designed to help organisations achieve their goals by providing data-driven insights into spending patterns and identifying potential savings opportunities. At Motherson Technology Services, we offer an intelligent sourcing solution running on a quantifiable model that leverages Big Data & analytics capabilities for optimising the procurement cycle, efficient supplier management & strategic global sourcing. Its user-friendly interface and customisable dashboards make it easier to track the progress towards your cost reduction goals.
Below are some of the key features it provides:
The cutting-edge technology solution helps to better track and analyse expenses, identify areas where costs can be reduced, and make more informed purchasing decisions. We elevate service levels in a variety of verticals, including planning and forecasting, strategic sourcing and procurement, fulfilment, and after-sales services, by using this strategy. Also, we put in place an advanced architecture that makes it possible to interact effectively with many stakeholders.
(for consolidating same supplier for unified view)
(for commodity-wise trend analysis)