At some point it will be important for a customer to check if they are spending efficiently and how they can optimize it. The spend analysis module helps with this.
This page gives the customer complete analysis of how much they have spent in a specific time-period and at each category level.
Using business intelligence and data collected from all the users the platform can inform the customer of how much they are spending versus previous period and how much they might have overspent in that period.
Using AI, the platform identifies the customer peers and can analyze their spending as well, so that it can be used to compare the areas that savings are possible.
Based on this information, the platform also provides a list of vendors that the peers are using, so that a customer can easily discover new vendors that might provide better savings opportunities.