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“Beyond tracking procurement performance and budgeting in the tool via dashboards, the great strength of SpendHQ’s PPM solution remains its ability to align procurement opportunities, savings, contracts and suppliers.”
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“To meet our spend visibility needs, we needed a solution with a fast data refresh, highly accurate categorization and an easy-to-use interface – all at an excellent value. SpendHQ met or exceeded our expectations in every category.”
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“The primary goal was to reduce the number of suppliers and improve the cost structure. In fact, we had about 3,500 suppliers in the company and 70% of those suppliers were responsible for about 20% of the spend. So, supplier consolidation was an important upfront priority."
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"SpendHQ does not require specialized skills to analyze and present data to our business partners, which is one of the reasons we selected the tool when comparing it to others."
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“The best part of the platform is how it allows us to monitor and track. We know exactly what the cost-savings are, where we can optimize, and how much we are off or on target without waiting to analyze the data for reporting at the end of the year. The …
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“We’ve invested in tools like SpendHQ to give us that visibility, transparency, and categorization of what that spend actually looks like.“
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"It’s very important that we can prove to the wider business that we have delivered on our savings targets year after year With a procurement team of over 200 people in 32 countries, the challenge is ensuring we can demonstrate the results we’ve promised."
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"We implemented SpendHQ in a matter of weeks without involving our IT group, and we immediately had outstanding data at our fingertips that provided significant insight into our spending patterns and opportunities to drive savings."
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“We see a lot of benefits in terms of having much more transparency on the value that we deliver from hard year on year cost savings, towards cost avoidance, towards delivery projects, also with non-financial.”
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"Investing in a Procurement Performance Management solution that enables real-time visibility to the value being created by procurement to business stakeholders is a no-brainer. It is time for organizations to get out of excel and truly digitize their environment."
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"InsideView’s company information, contact data and insights delivered within SpendHQ will help procurement leaders and business stakeholders stay up to date with their current suppliers, enabling their team to be more strategic in their negotiations and improve communication."
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“All the contracts signed by the procurement community are now available in [the SpendHQ platform], which enables us to manage all our projects in coordination with our internal stakeholders, and guarantee the recognition of our purchasing teams’ performance. This platform is the cornerstone of the procurement transformation in France.”
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“Today, SpendHQ has evolved to a full featured analytics platform that has the distinction of being one of the few spend analysis tools that was built by sourcing professionals for sourcing professionals and that looks at procurement data the way sourcing professionals want to see it. SpendHQ was built by …
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“If I have information first on their spend, I can sit down with them and talk specifically about certain subcategories, certain suppliers, the different brands that we have where we might work with the same suppliers, and bring that into a collaborative environment.”
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“SpendHQ has a superb user-interface and easy-to-use analysis features that enable our Procurement team members to gain valuable, actionable insights into the spends they manage. The support team has also been very efficient in completing the periodic data refreshes such that the system reflects the most up-to-date information possible.”