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What is SAS Spend Analysis?

Examining your spending practices improves clarity surrounding procurement information, enabling you to evaluate costs associated with goods, services, and suppliers. Additionally, this method includes an adaptable ranking system that provides a current snapshot of your key vendors. By employing SAS, you can uncover profound insights that optimize your purchasing capabilities, reduce costs, and strategically improve supplier relations. The Spend Analysis feature aggregates procurement data from various parts of your organization, highlighting overarching spending trends concerning commodities and suppliers. Understanding your expenditure behaviors allows you to identify potential savings opportunities throughout your procurement processes. You can assess suppliers based on tailored criteria, modifying the significance of each element as necessary. As you identify the suppliers that best fit your organization’s objectives, you can focus on and enhance these partnerships, ultimately refining your procurement spending while promoting collaboration. This holistic strategy guarantees that every dollar spent plays a role in maximizing the overall effectiveness and efficiency of your procurement efforts, contributing to sustainable growth and success.

What is Ravacan?

Spend Intelligence provides a contemporary solution that is based on concrete data rather than personal opinions. Are you struggling with an unorganized direct sourcing process that consumes too much of your valuable time? Do you find managing BOM data, price changes, and tooling cumbersome due to a web of spreadsheets and emails? Ravacan simplifies and automates the direct sourcing workflow via a cohesive analytics and collaboration platform, enabling you to focus on impactful strategies. It establishes a centralized database containing part numbers, pricing information, lead times, and supplier details, which enhances efficiency. Moreover, Ravacan integrates effortlessly with your existing systems. Let the software take care of tedious data analysis and send automatic alerts and notifications for you. With immediate insights at your fingertips, you can enjoy cost reductions, maintain a reliable supply chain, and encourage innovation. Leverage advanced algorithms that produce actionable insights, allowing you to address key strategic inquiries effectively. Additionally, benefit from proactive recommendations that not only boost your profit margins but also reduce the need for extensive data scrutiny. This state-of-the-art platform not only saves you significant time but also equips you with the knowledge necessary to make informed decisions that lead to your success, ultimately transforming how you approach sourcing challenges.

Media

Media

Integrations Supported

Arena PLM
DeepStream
SAP ERP

Integrations Supported

Arena PLM
DeepStream
SAP ERP

API Availability

Has API

API Availability

Has API

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

SAS

Date Founded

1976

Company Location

United States

Company Website

www.sas.com/en_sa/software/supply-chain/spend-analysis.html

Company Facts

Organization Name

Ravacan

Date Founded

2019

Company Location

United States

Company Website

www.ravacan.com

Categories and Features

Categories and Features

Demand Planning

Capacity Planning
Data Visualization
Historical Reporting
Inventory Optimization
Planned vs Actual Tracking
Product Introduction Planning
Promotions Management
Replenishment Management
Sales Forecasting
Supply Forecasting

Spend Management

Approval Workflow
Budgeting / Forecasting
Expense Tracking
Multi-Currency
Prepaid Cards
Procurement Management
Receipt Management
Spend Analysis
Spend Control
Supplier Management

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