Explore Suplari Capabilities
AI and Machine Learning for Strategic Sourcing
Suplari Solution Overview
Suplari delivers unprecedented visibility and insights into supplier spend and consumption by applying machine learning to data from multiple systems including ERPs, T & E, corporate/P-card, contracts, invoices, and POs.
Data are automatically cleansed, normalized, categorized, enriched and integrated into a unified data model.
Machine learning and AI algorithms identify hard-to-find patterns, anomalous activity and compliance issues across thousands or millions of spending transactions and consumption touch points. Suplari then proactively presents the highest value opportunities to reduce spend and mitigate risk.
Suplari is designed to complement and easily integrate with existing procure-to-pay (P2P), ERP, T& E, contract management, and other legacy systems. No rip-and-replace and years-long implementations, which often require an equal or greater investment in professional services.
Designed with the procurement professional in mind, Suplari delivers value quickly and makes sharing intelligence, managing spend categories, taking action, and tracking results a breeze.
Suplari Insight Dashboard
Suplari’s Insight dashboard shows the latest machine learning-derived insights that require action as well as a high-level view of supplier spend broken down by source.
The heart of Suplari is delivering actionable insights to procurement and finance teams.
Suplari Insights go beyond basic business intelligence and tell you specific categories, transactions, or suppliers where cost savings may be found.
Examples of Suplari Insights include:
- Suspicious transactions
- New subscription discovery
- Demand aggregation opportunities
- Product consolidation opportunities
- Maverick spend detection
- Fraud and abuse
- Multi-channel supplier spend
- Preferred supplier tracking and compliance
- Contract spend
Analytics, Reporting, and Communication
Suplari offers powerful out-of-the box reporting and analytics.
Enterprises communicate about supplier spend primarily through emailing spreadsheets and documents. Version control, accuracy, and system-of-record confusion are just some of the resulting issues.
With Suplari, the rich, clean data set can be easily available to any business owner, finance, or procurement professional.
- Get notified of supplier, business unit and category insights.
- Easily find suppliers and share reports and insights with others in your organization.
Accuracy, responsiveness and efficiency are enhanced when everyone is working off the same data set and can see supplier spend holistically.
Unified Data Platform
Suplari’s unified data platform consists of system integrations, data normalization, categorization and cleansing, as well as a common data model for suppliers that includes:
- AP / P-Card Transactions
- T&E Expense
- Invoices and
- POs (purchase orders)
Suplari enriches enterprise supplier and consumption data from multiple public and proprietary data sources. The end result is a rich, clean data set that provides the foundation for reporting, analysis, and risk-mitigation and cost reduction discovery.
Visibility Means the End of Uncertainty
Supplier data remains stubbornly inaccessible and fragmented within the enterprise, often residing within functional departments and business units, and spread across multiple systems. .. making analysis nearly impossible.
… And making it very challenging for Procurement to control indirect spend.
For Procurement, there is too much data wrangling – too many systems, too many quality and accuracy issues, which takes way too much time to rationalize before investing in cost savings initiatives. No one is analyzing purchases at the transaction level, looking for good vs. bad spend.
Consequently, there is a lack of visibility and rationalized view of spend, relationships, usage, and key milestones like renewal dates and terms. Wasteful and inefficient spending is the result, costing large companies tens of millions each year and exposing them to undue compliance risk.
True visibility relies on data completeness.
True visibility relies on data integrity.
Gain deep visibility into spend, T&E, p-card, contracts and consumption across the entire enterprise with Suplari.