Procurement Performance Management
Our Procurement Performance Management software solution allows to identify cost reduction opportunities, realize savings, reduce risks and complexity. Forecast your savings precisely with integrated AI/Machine learning algorithms. Benefit of simplified processes, advanced analytics and initiative trackers.
Let your procurement team concentrate on key tasks like negotiations and improve department efficiency with seamless online collaboration. Work with one tool for 100% realiable fact-based decision making and simulate any decisions on financial results upfront.
Key Benefits of the Procurement Performance Management solution
Increase forecast accuracy of savings by using AI
Advanced analytics, clearly visualized KPIs
Improve decision making by scenario & what-if-analysis
Top-down & Bottom-up planning, Drill-down & Drill-through options
Real-time data & integration into financial planning
Customized and automated reports
Procurement Performance Management Video: Key facts in just 2 Minutes
Some impressions of the Procurement Performance Management Solution
Balance supply and demand
Connect supply chain planning and execution in manufacturing efficiently
Increase forecast accuracy
Effectively answer what-if questions and simulate scenarios (best case/worst case) to take accurate decisions
Simulate what-if-szenarios and rolling forecasts
Demand upside, supply shortage, allocation yield loss
Reduce bottlenecks
Identify bottlenecks and adjust capacity to demand
Drive revenue growth through clearer focus on high margin products
Profit and Loss statement, Balance-Sheet and Cash-Flow at your fingertips
Inventory and product portfolio optimization
Reduce inventory levels and thus costs
Do you want to know... ?
How much will we save next year?
smartPM.solutions Procurement Performance Management application precisely forecasts procurement savings and constantly monitors realizations. Powerful AI based forecasts help detect deviations at a very early stage.
Which initiatives will help us achieve our targets?
More and more companies feel and act ‘project-driven’. Even Senior Management loves to trigger initiatives to close gaps. Our Solution helps you monitor these initiatives and make them a success.
Are there unmanaged contracts or early termination clauses to influence savings ?
Monitor all contract details like expiration dates, terms and discounts or potential risks with current suppliers. Benefit from the big picture with real time data.
Learn how we have helped other companies
Learn everything you need to know about setting up a professional Procurement Performance Management in this webinar. These are our upcoming dates:
Sales & Operations Performance Management - Reference Report
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