Maverick spend is a common problem in many organizations due to various factors. To regain control over spend, the first step is to have visibility into it. Without visibility, control is lost.
With all of your spend data in one place, seamlessly connected, and intuitively visualized, you can gain instant visibility into where non-compliant spend is going. And who is doing it.
(for more information on non-compliant supply chain speniding risk go here)
Easy-to-use dashboards help you find
the maverick culprits.
Informative without being overwhelming, you can interact with the dashboards to fine-tune your analysis.
You can configure the dashboards to have your preferred visual style and filters, and then save them.
You can update any existing dashboard with this filter to get
a unique view on your maverick spend.
Find the source of your spend, and then narrow down on potential root causes.
You can find non-compliant spend by any factor, whether that’s geographical, PO Amount, Currency, or more.
With 3 levels of categorization, you can find the exact categories of suppliers that lead to non-compliant spend.
By identifying common trends you can identify typical scenarios
that lead to out-of-bound spending.
Our team of experts can help you build custom reports that help identify maverick spend and focus areas considering your organization’s unique structure
Our team of experts can help you build custom reports that help identify maverick spend and focus areas considering your organization’s unique structure
Work with our consultants to adopt best practices for maverick spend management which can unlock 7% to 15% of savings depending on the category
By knowing your maverick spend, our experts can help consolidate suppliers by enforcing preferred supplier agreements and leveraging contractual commitments which give better negotiation power, improved pricing, and streamlined supplier relationship management.
