Spend Optimization

Accurately capture your data and reduce total spend by 1% - 5%

Profectus’ technologies allow detailed cost and contract comparisons across your suppliers and within a supplier service type. Greater visibility across service types highlights cost drivers and opportunities to save money.

At Profectus, we provide you with an additional data categorization service for each invoice. This ensures your business is optimizing spend and effectively capturing data. Profectus offers you, by invoice:

  • Detailed data collection
  • Data cleansing
  • Data classification (UNSPSC and client classification)
  • Maintenance of data classification
  • Spend analysis
  • Monitoring effectiveness of spend optimization initiatives

Savings can also be achieved via optimization of data captured through Rebate and Deal Management Technology.

Specialized Optimization services for retailers.

富二代直播appProfectus provides terms optimization services for retail businesses so your business receives a positive net bottom line and maximum returns.

富二代直播appOur experts assist with supplier negotiations, undertake trading terms and process improvement reviews, and conduct on-going terms monitoring via our specialized reporting technology.

This evaluates and identifies key areas of optimization opportunities across your suppliers.

Services for retailers include

  • Detailed data collection
  • Data cleansing
  • Maintaining data classification
  • Spend analysis
  • Monitoring the effectiveness of spend optimization initiatives