Analysing your company’s spend structure is often the first step towards building a data-driven procurement organisation. The challenge for companies that have jumped on the analytics bandwagon is translating analytics into fact-based actions that enable procurement savings. In this article, we’ll discuss some promising cost-reduction strategies enabled by analytics that can help grow your procurement savings exponentially.
The purchase to pay and supplier onboarding experts at i2B announced the acquisition of DataKITE.
DataKITE solutions cover the procurement lifecycle, including spend analytics, savings project tracking, supplier scorecards and daily procurement management.
Having poor quality data is arguably as bad as having no data at all. To put it simply: if you put rubbish in, then you’re going to get rubbish out. It’s time to change that.
Access to a high quality spend analytics tool is a critical component of how the modern procurement function operates.
Data analysis has transformed how we assess buying behaviour, identify supply risks and opportunities, and develop our procurement and category strategies.
But over time, outsourcing spend analytics tools has become the industry norm, with third parties hosting company data and displaying it back to the customer via their dashboards.
We exist to help you make better business decisions.
Data is everywhere. Whether you are a business owner, a marketer, a buyer, a salesperson, or a researcher, you need to collect, analyse, and present data to make informed decisions and communicate your insights. But how do you do that effectively and efficiently?
That’s where DataKITE comes in. DataKITE is a unified, scalable platform for self-service and enterprise business intelligence that uses an underlying Power BI engine. It allows you to connect to and visualize any data, and seamlessly infuse the visuals into the apps you use every day.
We host your Power BI reports. and charge you per hour per user.
No more expensive monthly Power BI licences. Just pay for what you use.
Pay as you go. No long term commitments or contracts.
