What is a spend cube analysis? | SMART by GEP

The Wayback Machine - https://web.archive.org/web/20180704005833/https://www.smartbygep.com/insight/procurement-glossary/spend-cube

A
B
C
D
E
F
G
H
I
J
K
L
M
N
O
P
Q
R
S
T
U
V
W
X
Y
Z

Back to Glossary

The spend cube is a review of spend data presented as a multidimensional cube. The dimensions usually reviewed include: sub-categories or variants purchased across the organization, stakeholders or departments buying the category and comparative spend with different suppliers.

Unified Procurement Platform

SMART by GEP^® is a cloud-based, source-to-pay procurement software that delivers comprehensive spend, sourcing and procurement functionality in a single, unified platform native to cloud, mobile and touch technologies this would be below unified procurement platform

Spend Analysis

Get comprehensive spend visibility. Move from line-item to enterprise-wide view with a click. Optimize savings opportunities based on your sourcing strategy. Get in-depth insights for effective spend management

Savings Tracking Tool

Savings Tracking

Savings Tracking

Gain real-time visibility into your cost-savings initiatives and their impact. Get your realized savings validated by finance. Eliminate redundancy and error from data capture, tracking and measurement

Sourcing

Quickly identify, evaluate and qualify new suppliers. Streamline your RFX-to-award cycle, optimize your supply chain and achieve best-value agreements whenever you source

Contract Management Tool

Contract Management

Contract Management

Reduce the time, effort and paper used to create, manage and monitor purchase contracts. Boost contract utilization, improve enterprise-wide spend visibility and increase spend compliance

Supplier Management Tool

Supplier Management

Supplier Management

Monitor thousands of suppliers across your supply chain; use supplier scorecards, surveys, alerts, status and summary reports; easily track, measure and optimize your supplier performance

Purchasing Tool

Procure-to-Pay

Boost adoption, spend under management and compliance with a consumer-like purchasing experience; speed up all procure-to-pay ( P2P ) processes — from requisition to purchase order to invoicing and payment