Spend intelligence is a team sport. That’s why we make it easy for finance, procurement and business leaders to collaborate to make smart investment decisions based on the latest spending insights across IT, marketing, sales and operations.
How Suplari Connect Works
Suplari Connect creates custom workflows that assign “cases” or opportunities to individuals across teams (procurement, finance, IT, marketing, engineering, facilities, and beyond), tracks progress, enables communication on updates, opportunities, and then tracks resolution and savings. The CFO, CPO and team now have more visibility into spend and a single pane of glass on data.
Create, assign and prioritize cases based on integrated analytics and AI intelligence.
Alert, monitor, and interact with
customizable case steps and dashboards.
Monitor case loads, track progress and prioritize opportunities.
Establish targets, forecast results and track resolved cases with closed loop reporting.
Build Internal Credibility
One Suplari customer used Suplari Connect to engage in more than 30 opportunities across contracts, sourcing, and POs highlighted by our insights and is on track to capture a greater than 5x ROI on their investment in less than one month. By collaborating, across departments using a now distributed workforce, this customer was able to capture value and gain internal credibility, exceed savings metrics and do so more quickly than ever before.
Be More Collaborative, Even With Dispersed Teams
In today’s COVID-world of dispersed teams (and even entire enterprises), asynchronous communication, planning and collaboration are critical to success. The ability to take action rapidly, based on the data and insights, has separated Suplari customers from the rest. Executive leadership, CPOs, CFOs, procurement and finance teams, needed to swiftly collaborate with suppliers and triage spend as COVID changed the landscape in early 2020.
Train AI With Closed Loop Feedback
Suplari Connect’s “Closed Loop” is critical to the application of artificial intelligence in procurement. AI needs training data. Training data represents a source of truth that can be used to teach patterns to a computer. AI-driven insights that predict savings, cash flow, risk and compliance are the future of AI in procurement. Your system of intelligence (think spend analytics on steroids) will proactively make recommendations to run your enterprise more efficiently. In order for this to happen, AI must receive feedback from users on the value and priority of the insights and recommendations, Suplari Connect does exactly that.
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