Dynamic Analysis: Sourcing Analysis at the Speed of Thought
Perform simple carrier breakdowns or complex market share analyses with any combination of markets, carriers, or alliances – even service classes that apply to a given contract. Instantly create, filter, and drill down into spend data to reveal patterns across your company’s entire data pool. With near-infinite customizability, spend visualization, and benchmarking at every juncture, Dynamic Analysis literally replaces the need for countless reports, and hours of manual data manipulation.
Contract Monitoring: Powerful, Real-time Contract Analysis
Quickly assess and explore vendor contracts and negotiated agreements in real-time; drastically reducing the effort needed to perform analysis with traditional methods and tools. Contract performance and contract obligation requirements can be easily monitored 24/7, and through integration with Dynamic Analysis, users can splice data across contract vs. non-contract, or 35+ additional data categories.
With Contract Monitoring, complex questions that would otherwise take weeks of manual compilation can be answered within minutes. The speed and simplicity of this intuitive module affords users the ability to perform analysis on the fly - even during meetings with suppliers!
Contract Modeling: Modern and Intuitive Scenario Modeling
Building on the contract knowledge compiled in Contract Monitoring, Contract Modeling provides users the unique and powerful ability to create modeling scenarios based on contract definitions and historical data. Users gain unmatched visibility into each discount's applicability for given markets, revealing savings opportunities and modeling potential impacts. Custom scenarios can be built, saved, and shared independently, allowing users to shift shares across vendors and markets effortlessly.
Model scenarios to obtain answers to the most-asked questions in vendor sourcing analysis: "what if we gave more share to Airline X vs others, what if we optimized purely on lowest discount or average price, or what if we had Contract Proposal A in place today?” With detailed information provided for each market of interest, and for the entire contract mix at all times, you can instantly learn the net effect to your company’s bottom line.