Spendanalyse
Spendanalyse is a structured approach to examining an organization’s procurement and related expenditures to improve spend visibility and drive value. It combines data from ERP systems, procurement platforms, invoices, contracts, and supplier information to reveal spending patterns across departments, locations, and time. In German usage, the term denotes the same concept as spend analysis in English.
Key tasks include collecting, cleansing, and categorizing data; normalizing currencies; and reconciling spend with contracts and
Typical steps are data gathering, data cleansing and normalization, spend categorization and mapping, analysis and reporting,
Outcomes of spend analysis include enhanced spend visibility, identification of opportunities for supplier consolidation, contract compliance
Challenges include data quality issues, multi-system integration, localization and currency conversion, and maintaining ongoing governance. Effective