Infosys Tail Spend Management app with unique customized action engine covers 28 Key Performance Indicators which help to reduce tail spend. This application analyses Tail Spend at transaction level and allows dissecting of the Tail Spend by various dimensions like category, buy channel, suppliers etc. It gives simulation of true tail and automated identification of preferred suppliers to eliminate the Tail Spend.
This is where Infosys and Celonis combine their Strengths:
Potential saving of 5 to 8 % on your $ spend.<!— htmlmin:ignore —>
Realtime action flows as well as guided automation to cleanse dormant suppliers.<!— htmlmin:ignore —>
Improved supplier relationship score due to business consolidation.<!— htmlmin:ignore —>
Segregation & customization with actionable insights.<!— htmlmin:ignore —>
Improved buying leverage with benchmarking.<!— htmlmin:ignore —>
Overview of all the 28 Key Performance Indicators across various dimensions.
Unique action engine feature for dormant supplier, preferred supplier notifications.
Capability to enhance the automated action flows for realtime stock check, insights on benchmarking and reduce maverick buying.
The analysis shows the simulation of moving the orders from tail suppliers to preferred suppliers.
Actionable insights reflects the projected savings.
Identify Tail spend by vendor, category, material groups and other relevant parameters across geographical dimensions.
Provide Inferences for repeated buying pattern across commodities, suppliers and geographical dimensions.
Prioritisation of the Top Suppliers and High spend commodities can be set as per the threshold defined by the organisation.
Analyse impact on the Tail Spend using pareto principle as well as threshold method.
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