Diversity Spend Analysis

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Simple, Powerful, and Actionable Iinsight into Your Spend

CVM Spend Analyzer is a powerful, easy-to-implement platform that allows any Excel user to analyze corporate-wide spend, from any dimension and to any level of granularity. With this information you’ll be able to identify the best sourcing opportunities, reduce your business risk, and track employee purchasing to monitor maverick spend. An added bonus: by establishing appropriate controls, you will be able to ensure supplier contract compliance.

CVM Spend Analyzer: Simple to Implement, Easy to Use

How is CVM Spend Analyzer different? We designed a solution that gets business users up and running in no time – at a fraction of the cost of those cumbersome, resource-intensive alternatives on the market. If you know Excel, you’ll feel at home immediately, able to perform multi-dimensional spend analysis in hours if not minutes. Implement our solution and turbocharge your existing supply management, spend management, and ERP investments.

Benefits with CVM

Visibility at any level of granularity

  • Consolidate, clean, and enrich disparate spend data from all transactional systems throughout your organization into a master database.
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  • Analyze every spend detail among all entities, regardless of the source system.
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  • Obtain enterprise-wide, diversity, federal-classification, and Tier 2 spend analysis.
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  • Track goals against commodities, diversity categories, and business units.
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  • Identify areas of improvement and view timely progress reports.

A continuous, repeatable, and affordable process

  • Perform continuous spend analysis with frequent data updates instead of a one-time exercise.
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  • One-time upfront integration with ERP systems makes the process simple and easily repeatable.

Best-practices standard reports and dashboards

  • Easily customizable standard reports and role-specific dashboards, configured from years of industry best-practice experience, dissect spend from every dimension.
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  • Diversity reports track diversity spend against goals by unit, ethnicity, commodity, and more.
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  • Federal-classification-specific reports virtually automate reporting to any agency.