Procure-To-Pay (P2P) Analytics:
Evaluate your procurement
Leverage your data to get timely insights into the overall health of procurement controls in the end-to-end Procure-To-Pay (P2P) process.
You have the data. Now get the insights.
Enable business users and data analysts to perform analysis with high ease and collaborate seamlessly, providing a readily available avenue for insights across your organisation.
Powerful Visualizations to understand
the data better
Equip your teams with powerful visualizations and reports, on-demand and on-schedule, to speed up decision-making.
Analyse large volumes of transactional
data with ease
Easily handle and analyse millions of rows or petabytes of transactional data, instead of sample analysis.
Perform complicated combinatorial
analytics with no-code
Employ advanced analytic techniques and make yourselves future-ready for further machine learning and AI capabilities.
Explore what you get from our P2P analytics
- Spend Analysis
- Fraud Analysis
- Relationship Analysis
- Other Highlights
Spend Analysis
Enhance your understanding of procurement transactions by embedding spend analytics.
- Gain insights into payments of various types - repetitive, urgent, non-regular, discretionary etc.
- Reduce wastage or fraud abuse by identifying duplicate payments or anomalies.
- Combine your analytics with spending analysis at the vendor level and identify anomalies such as details mismatch.
Fraud Analysis
Integrate fraud analysis of transactions related to procurement with no extra effort.
- Perform validations and verifications of vendor details including duplicates, addresses etc.
- Reduce chances of procurement fraud by identifying invoice duplicates
- Undertake certain validations related to procurements and orders.
Relationship Analysis
Easily identify conflicts of interest by embedding relationship analytics between various entities.
- Perform various conflict of interest tests like Vendor Segmentation, Vendor impersonation etc.
- Identify any unexpected relationships between various entities and persons related to procurement process.
- Easily perform cross-verification across multiple data sets to identify anomalies.
Other Highlights
Easily update your P2P analytics package, by periodic updates, with additional new analyses.
- Increase your profits by reducing the chances of unintentional or fraudulent spending in procurement processes.
- Provide supplementary insights during due diligence, audit investigations etc.
- Proactively empower teams to improve the procurement processes.
