Commport Business Analytics Solution
Commport Business Analytics allows you to leverage visual supply chain and organizational spending data, giving decision-makers powerful intelligence to make better strategic decisions. Visualize Your Metrics Budget owners, finance leaders, and procurement managers have access to the rich analytics and data they need, in an intuitive custom dashboard. With a few clicks, information on organizational spending, transactions, errors, order exceptions, and vendor KPI scorecard metrics are all presented graphically for easy monitoring, reporting, and strategic decision-making. See Savings Purchase Orders that contain an error, result in costly reconciliation costs, as studies show it can cost as much as $60 plus to manually reconcile a Purchase Order with an error. Using visibility into order and order vendor response will result in immediate ROI benefits by reducing reconciliation time and price inaccuracies. In one view you see the dollar value gained from increased efficiency, control, vendor collaboration, reduced errors, and eliminated manual paper-based workflows. Spend Analysis Dashboard Visibility into spend metrics across the supply chain allows you to track the total value of organizational purchasing. See how much your organization has spent this week, by either individual location or vendor; or report spending by product and product type or classification. Find out spent by the buyer, vendor, ship-to location, business unit, or product category to eliminate maverick off-contract spending and reign in cost efficiencies. Order Transaction Dashboard Provides critical order information to ensure smooth and effective supply chain operations. All transactions are tracked and can be viewed by time frame, vendor, transaction type or by each individual electronic document. Built-in is an order exceptions dashboard that highlights problem transactions to be reconciled, saving expensive manual labor costs. Orders which contain price discrepancies between PO, POA, and Invoice trigger a notification to be verified to ensure bad data is not continually passed along. Rebate Savings Dashboard Displays all your product rebate savings from your entire vendor community. Through this view find savings from your top vendors to build better value relationships and savings. Search by vendor, category, or classification. Price Change Impact Analysis Get insight into the effect of changing product prices based on your organizational purchasing behavior. Understanding the effect of a price increase or re-negotiated contract, allows decision-makers to better understand the effect on supply chain costs.
