Basware Analytics is a packaged, ready-to-go reporting solution. It is easy and fast to implement and delivers rapid ‘Time to Value’. Unlike existing BI solutions, it does not require large-scale IT involvement – finance and purchasing leaders can drive roll-out to augment and extend existing reporting. From day one, you are armed with the Purchase-to-Pay insight you need to be more successful.
View high- level graphical dashboards and drill-into transaction-level details to truly understand your purchase and invoicing process, address issues and predict future financial performance.
Basware Analytics is a new reporting solution, uniquely and specifically created for Purchase-to-Pay, providing greater levels of visibility across the entire P2P process. It delivers truly actionable insights that empower users to pro-actively manage finances in order to control costs, identify spend and process saving opportunities, reduce non-compliant purchasing, improve cash flow and enhance supplier relationships.
Here’s how we do it:
End-to-End Purchase-to-Pay Coverage – making it easier to uncover enterprise-wide cost saving by delivering immediate and complete Purchase-to-Pay spend transparency so that you can see how much you spend, when and with whom.
Actionable Performance Visibility – visually stunning interactive reports and dashboards that make it easy for users to proactively manage KPIs, spot problems, identify root causes and take remedial action across the entire Purchase-to-Pay cycle.
Easy Insights Anytime, Anywhere – unrivalled usability, making it easy for users to create ad hoc reports whenever they need them – and then share the intelligence with colleagues via browser and tablet applications.
Benefits by Role:
Chief Financial Officers
- Organisation-wide spend visibility
- AP cash flow
- AP process metrics
- Financial KPIs e.g. DPO
- Organization-wide drill-down capabilities to business units and locations
Chief Purchasing Officers
- Spend visibility and trends
- Category spend and volume
- Supplier rationalization opportunities
- Supplier performance metrics
- Procurement process metrics
- Contract compliance metrics
- AP value & volumes
- AP process metrics
- Cash management KPIs
- Payment & discount capture metrics
- Continuous improvement programs
- Team productivity metrics