A spend analysis solution that unlocks the full potential of your data
Spend & Payment Insight™ uses account payable analysis data and indirect spend analysis to discover insights into working capital optimization and payment terms.
Spend & Payment Insight™ uses account payable analysis data and indirect spend analysis to discover insights into working capital optimization and payment terms.
Trusted by the world’s leading brands, retailers, and suppliers
A comprehensive approach with whole business health benefits
Improve cash flow and find new savings
By digging into transaction-level data from invoices, purchase orders, requisitions, payment terms, and indirect spend analysis, Spend & Payment Insight™ identifies working capital optimization opportunities.
Smarter processes and spend analysis
A spend analysis tool leveraging enterprise-wide data and account payable KPIs to optimize processes and provide a unified view of spend analytics, trends, and anomalies.
Low hassle, fast returns
Account payable analysis and payment term reporting already gathered during the AP Recovery Audit cycle accelerates service delivery and ROI, enabling you to quickly gain visibility into trends and anomalies.
Quick deployment, measurable improvement
Spend Analytics
Find hidden value in transactional payment data
Spend analysis solution
- Comprehensive and centralized view of spend analytics
- Union of spend data: vendor master, invoice, POs
Spend trends
- Review patterns and identify variances across payment terms such as days payable outstanding, categories, or business units
- Quick turnaround on detailed spend analytics
Savings opportunities
- View long tail spend to consolidate supplier counts
- Add new insights for additional savings opportunities
Duplicate payment detection
- In addition to working capital optimization, Spend & Payment Insight is a powerful duplicate payment tool that identifies overpayments early
Powerful analytics that uncover working capital opportunities and prevent duplicate payments
Account payable analysis
- Invoice-level analysis of days to pay, days payable outstanding, early and late payments
- Aggregated spend by supplier and category
- Duplicate payment reporting
Summary by term
- Payment term reporting by invoice, aggregated spend and category
- Modeling for shifting terms
Data harmonization
- Identify best discount, days available and terms by vendor
- Data consolidation and parent/child matching between client and supplier
Why work with PRGX?
Powerful insights, easy to use interface
As global leaders in source-to-pay audits and analytics, we know the data and review processes required to convert insights into results. With this knowledge, we’ve designed the PRGX Analytics interface to support end-users in exploiting new opportunities, from automated reports that make it easy to pinpoint precisely where action is needed, to tracking overall value generated for the business.
Putting S2P data at the heart of healthy businesses
We believe S2P data is packed full of insights that can benefit the health of the whole business. From the big picture across departments to the critical details within the supply chain, it’s where you can find all the information you need to create healthier processes, relationships and margins — and we have the experience, technology and expertise to help you unlock it.
Learn more about Spend and Payment Insight
Spend and Payment Insight analyzes spend patterns, duplicate payments, fraud indicators, payment trends, and supplier performance to improve financial health.
