Now address the tail which makes up 80% of your suppliers.
100% Visibility into your spend.
Procurement organizations only have visibility of their strategic spend. Our solution cleans, categorizes and analyzes up to 100% of your spend including tail spend.
Complete visibility and AI enabled categorization of your tail spend data.
Gain Visibility of all your vendors including 80% suppliers in the tail.
Draw tail spend data from multiple systems including ERPs, T&E systems, P-cards and more. Turn incomplete data points into insights with our AI algorithm.
Get full visibility into your tail spend. View spend by value, category, vendors, business unit, parent-child and more for valuable insights.
The classic pareto rule of 80-20 does not always apply. We have observed tail extend upto 30%. We help you identify and draw value from this hidden tail.
P-card analytics for greater control.
Our custom algorithm cleanses and categorizes data coming in from different p-card systems and banks. We also help you mitigate risk by building P-card policy & governance programs for enhanced compliance.
Full visibility with Level 3 categorization and analytics.
Consolidate data from multiple p-card systems into one.
Analyze requisition patterns and buying behavior of internal stakeholders to build a robust tail sourcing strategy.
Analyze and take Action on your Tail Spend
Streamline and create an efficient procurement system with data at your fingertips.
Proacure worked with a Top 3 Global Social Media platform, headquartered in the Bay Area, to help them with tail spend analytics and visibility.
With full visibility of tail spend and opportunity assessment, we helped identify $4M+ in savings across major indirect categories.
Achieve 5-15% Tail Spend Savings by aggregating demand, consolidating with existing contracts including roll up of parent-child, buying from preferred suppliers and more.
Identify Maverick spend and reduce savings leakage. with compliance insights. Ensure that contracts are utilized and prevent purchasing through non-contracted rates.
Shorten tail and rationalize suppliers.
Stop the proliferation of the large number of suppliers in the tail spend. Consolidate and bundle across categories and Reduce the number of dormant and new suppliers and achieve SKU rationalization.
Contract Bundling and demand consolidation across tail spend.
Rationalize specifications and part numbers to reduce the number of SKUs.
Complete visibility of p-card spend. Identify and decrease Maverick and non-compliant p-card purchases. Discover opportunities for savings through spend consolidation, rebates and more.
Quickly identify high risk suppliers and categories. We also help you with reassessment of suppliers through failure risk, credit rating etc. that might have changed, and enable you to increase spend with preferred suppliers.
You can now prevent maverick spend, reduce the tail spend suppliers by half and achieve savings of 5-15% to the bottom line.
Gain the Buy-in from stakeholders
to engage with procurement on indirect purchases?
Streamline and create an efficient procurement system with data at your fingertips.
Implement opportunities and insights discovered to realize savings and compliance. We help you end-to-end with long tail sourcing.
Identify and implement catalog creation opportunities for items that are ordered frequently and requested by multiple requestors.
Set up marketplace to enable greater savings and compliance for certain items and sub-categories. Integrate Amazon marketplace or others seamlessly.
Identify low-risk categories for p-card purchasing. Strengthen or build new p-card policies or programs to enable greater compliance and savings.
Automated purchasing of low dollar items at competitive rates, from trusted suppliers and integrated compliance.
Spot-buy desk with trusted suppliers and prices across categories.
Improved buyer purchasing experience with enhanced savings.
We empower you with an efficient Long Tail Sourcing for a happy stakeholder experience and enhanced savings to the bottom line.
Partner with Strategic Suppliers and
expand Supplier Collaboration & Innovation
Streamline and create an efficient procurement system with data at your fingertips.