Spend data management give companies visibility to how and where money is being spent in the supply chain, and they identify and enable numerous ways to save. Spend analysis is the systematic review of historical purchase data. The output of a spend analysis is a summary of purchases by various variables, such as category, supplier, and/or business unit.

Vajants Solutions delivers turnkey supply chain data and supplier content management services to optimize content acquisition, content cleansing, catalog development and content management.

Our data management services—including supplier content management, item master rationalization and hosted data management—can help you achieve a wide range of benefits, including a dramatic reduction in your duplicate parts, improved product description accuracy and improved compliance with contracts.

We can source your supplier catalog and content to classify, validate and syndicate in accordance with industry standards. And we can rationalize your strategic maintenance and operations inventory parts and plant equipment to consolidate parts across multiple plant locations.

Vajants Solutions provides:

• Spend transaction detail through repeatable process.
• Supplier master cleansing and rationalization.
• Comprehensive spend visibility across direct and indirect products/services.
• Significant cost-savings opportunities through supplier and commodity consolidation.
• Enhanced compliance through effective spend and supplier monitoring.
• Quick, unobtrusive and highly accurate views of enterprise-wide spend.