Platform — Conversational Analytics
Analytics simplified.Ask your data.Follow the insight.
Turn procurement analysis into a conversation. Ask in natural language, see the answer visually, and drill into the suppliers, categories and transactions behind the numbers.
A worked example
Five questions, one thread.
Step 1, Spend
“Which categories increased the most?”
+18.4%Professional Services, year on year
Six categories are running above last year. Professional Services leads, then IT Hardware and Freight. Together they account for $4.1M of the $5.3M increase.
Step 2, Drivers
“What is driving the increase?”
“the increase” = The $5.3M increase from the previous answer.
61%of the change comes from unit price increases
Rate movement, not volume. Volume growth explains 24% and new demand from two business units 15%.
Step 3, Suppliers
“Which suppliers contributed most?”
72%of the increase sits with three suppliers
Meridian Group alone is a third of it, followed by Halden & Co and Northbridge Supply.
Step 4, Price
“Show me their price variance.”
“their” = Meridian Group, Halden & Co and Northbridge Supply, from the previous answer.
14.2%price spread at Meridian Group
On comparable line items across four business units. Standardising to the lowest paid price is worth an estimated $612K a year.
Step 5, Delivery
“How are they performing against OTIF?”
“they” = The same three suppliers.
78.4%OTIF for Meridian Group, against a 95% target
The highest-spend supplier is also the least reliable over the last two quarters.
Illustrative data. (T&C apply)
One question leads naturally to the next.
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