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Data Suite Series

Spend Analytics Can Drive ESG Initiatives

Track and report on ESG initiatives with Spend Analytics

Environmental, social and governance (ESG) initiatives are important strategy drivers for an increasing number of organisations worldwide. This is no longer only about responsibility to the environment and community we operate in (though that is motivation enough); these initiatives are now considered key drivers in the effort to gain greater…
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Labour Hire: Keep the Advantages, Leave the Risks with ProcureTRAK

Managed Labour Hire with ProcureTRAK - Comprara

Labour costs are rising and the transient workforce is growing. In response, many organisations are relying on labour hire and recruitment agencies more than at any other time. This has its advantages – and its risks. If you’re the average organisation, you aren’t doing enough to manage these risks. Of…
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Project Charters – The Ultimate Category Transformation: The Data Suite Series #6

ProcureTRAK’s Project Charter dashboards - Comprara

Effective procurement is a journey. From spend analysis and data categorisation through to compliance, contract management and opportunity analysis, there are stations along the way where we can stop, get off and use what we’ve learned up to that point. But if you want to put into action every scrap…
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Maximise Your Precious Resources with Opportunity Analysis: The Data Suite Series – #5

ProcureTRAK’s Complexity Assessment & Opportunity Analysis dashboards

All organisations have one particular concern in common: proper allocation of finite resources. The difference between doing this right and doing it wrong is boom and bust. This concern touches all aspects of business, but none more so than procurement. With the rise of globalisation, supply chains have swelled into…
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Clean Up Your Contract Management with the Contract Tracker: The Data Suite Series – #4

Suite of Contract Tracking Dashboards

Nearly 10% of annual revenue is lost to poor contract management. It’s a galling reality, particularly when you consider that it’s totally avoidable. All you need is a good contract reporting system – which is easier acknowledged than acquired. Any business that understands the limitations of the traditional Excel-based system…
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Compliance Reporting: The Data Suite Series – #3

Compliance Reporting: The Data Suite Series

The third edition of our Data Suite series takes a deep dive into organisational compliance, why you need it and how to manage it. Maverick spending is a problem. For some organisations, it accounts for up to 80% of total spend. To get on top of it, though, you need…
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Data Categorisation: The Data Suite Series – #2

What are your individual procurement category strategies?

The second edition of our Data Suite Series takes a look at data categorisation and the benefits of developing a procurement taxonomy. Data categorisation. It’s what every procurement team wants. It’s the next stage after a spend analysis, and it’s where the presentation of data starts yielding really useful and…
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What Is a Procurement Spend Cube?: The Data Suite Series – #1

What Is a Procurement Spend Cube?

It’s not about what you have; it’s how you use it. Anyone can collect data, but more and more organisations are struggling to visualise it in a manner which leads to actionable insights. If you want to see your spend data clearly, you have to put it in a spend…
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