Strategic and operational procurement analytics

Spendscape on Celonis

Combination of best-in-class platforms to drive insights and impact by leveraging strategic and operational procurement analytics

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Driving end-to-end strategic and operational procurement analytics

Combination of best-in-class platforms to drive procurement process insights through Celonis and strategic spend insights through Spendscape by McKinsey. The combination of Celonis and Spendscape provides insights to identify spend opportunities, track compliance, and mitigate leakage.

How we support you

Combining the technology and insights of two solutions into one offering.

One-stop shop

Comprehensive insights provided through the combination of Spendscape’s spend management analytics and Celonis’ process analytics to enable strategic and operational optimization in procurement.

Consistent and performant insights

Our insights are driven by a common, cleansed, and enriched data model across source systems, which leverage Spendscape and Celonis data transformation elements.

Simplified IT integration model

A simplified model enables interfacing a single platform to source systems that fuel both Spendscape and Celonis analytics.

Use Cases

Jointly, Spendscape, and Celonis provide a comprehensive set of procurement analytics to enable data-backed decision making and procurement optimization.

Combined use cases enabled by joint extract, load, and transform (ELT) process

Procurement cockpit

One-stop shop for quick identification of areas of opportunity, noteworthy trends, and potential value leaks that call for action.

Spend explorer

Fulfills all reporting needs and dives deep into spend data from all perspectives.

Opportunity scan

360-degree assessment of savings opportunities for procurement excellence.

Working capital

Accounts-payable-focused analytics that support optimization of the company’s cash flow.

Supplier negotiation

Fact base to enable procurement managers to make more informed decisions while preparing for supplier negotiations.

Category insights

Holistic suite of insights to support procurement in reviewing and optimizing category strategies across all relevant dimensions.

Synergy analytics

Quick assessment of procurement-related synergies for mergers and acquisitions.

Emissions transparency and sustainability

Greenhouse gas emissions transparency induced by a company’s procurement activities.

Risk analytics

Holistic supplier and country-based risk analysis to identify, assess, and mitigate exposure to potential supply chain disruptions.

Input cost monitoring

Market-linked insights enabling procurement to monitor cost drivers of strategic goods and react to unfavorable trends.

Minimize free-text requisitions

Minimize time spent in manual requisition operations and redirect employees’ time to high-value-added activities.

Reduce manual rework

Rework and changes cause significant manual effort. Resolve root causes such as outdated master data to increase labor productivity.

Resolve payment blocks

Automatically resolve payment blocks by solving root causes such as address, price, and quantity mismatches between purchase order (PO) and invoice.

Increase procurement automation

Use a data-driven assessment to identify automation potential in your process. Resolve the root cause of manual activities early in the process.

Increase accounts payable automation

Use data to assess if there’s an opportunity for automation in your processes.

Minimize late deliveries

Reduce imprecise deliveries to hold less safety stock and prevent late customer payments due to production delays.

Minimize early deliveries

Supply planning requires assumptions on the time it takes to receive products from suppliers. Incorrect assumptions cause issues in stocking and payment schedules.

Avoid payment term mismatches

Ensure the best available payment terms are used across purchase order, invoice, and master data.

Avoid early payments

Optimize payment runs to avoid payments before the due date.

Reduce aging credit memos

Open credit memos are often forgotten or not leveraged quickly. Increase and accelerate application of credit memos against invoices to reduce spend and optimize working capital.

Prevent retrospective POs (“maverick buying”)

Requisitioners circumvent the procurement department and create POs only after the purchase has been made and the invoice was issued.

McKinsey Alliance

Celonis

Celonis and McKinsey have brought the power of process mining to business transformations. Together, we are helping organizations across industries optimize their processes and achieve greater operational efficiency, better customer experiences, and stronger, sustainable business performance.