Presentation - Spikes Cavell Analytic

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The Observatory delivers better spend visibility
to public sector and higher education
procurement and finance teams through a
managed service which includes a
comprehensive spend data collection and
transformation service, an easy-to-use cloud
based analytical toolset, user licenses, training
and comprehensive support – all at a
reasonable and fixed price.
THE REALITY TODAY
• In order to identify cost savings
opportunities and efficiencies in public
procurement, practitioners first need
better visibility over how much is being
spent, on what, with and by whom.
• The unfortunate reality is that public sector
and higher education spend data is often
poorly organized for procurement
purposes, inappropriately classified, exists
in many different systems and is difficult to
access.
Ideal State
• Solve our problem of poor quality spend data without a lot of time and effort
required by us.
• Make it easy to identify opportunities to save money, become more efficient
and increase compliance.
• Have reliable spend data to make strategic sourcing possible.
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& More
Create a central register of your contracts.
Match spend to contracts to identify maverick expenditure.
Compare your spend with other organizations like yours.
Provide local, small, and minority business spend reporting.
Record and report the savings you deliver.
KEY BENEFITS OF
THE OBSERVATORY
• The underlying problem of poor data
is solved for you.
– We take care of the data collection, cleansing, classification,
enrichment, redaction and collation with minimal impact on
your organization’s time and resources – typically as little as 816 hours of your staff’s time is all that is required to get the
service up and running.
• Identifying opportunities to save
money, becoming more efficient and
increasing compliance are made easy.
– There are more than 180 pre-configured reports in the
Observatory ready to run out-of-box on your transformed
spend data. The Observatory is powerful but incredibly simple
to use - filters are easy to apply and drilling to detail requires
only the click of the mouse.
KEY BENEFITS OF
THE OBSERVATORY
• Having reliable spend data makes
strategic sourcing possible.
– Whether it’s spend with a single vendor, spend in a category
or across your entire organization, strategic sourcing starts
with knowing where you are today and mapping out where
you want to be in the future. The Observatory removes the
roadblocks of poor data and difficult to use analytical tools
to enable more strategic sourcing.
THE OBSERVATORY IN ACTION
A video demonstration of the
Observatory is available:
Observatory Video
HOW LONG DOES IT TAKE?
8-16 hours of time and effort required
by the customer organization
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Attend project kick off web meeting
Extract data close to specification
Upload data to Spikes Cavell
Respond to a Data Fitness Check
Typical project start to finish is 6-10
weeks based on the data extraction
start date and responses to a Data
Fitness Check provided.
HOW MUCH DOES IT COST?
Fixed, Transparent and Inclusive Fees
The Foundation Program Includes
• Annual data transformation
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Collect, cleanse, classify, enrich, redact and collate expenditure data
2 - 10 users included, dependent on size of organization
Unlimited web, e-mail & phone support, unlimited access to
Spikes Cavell Support Site
Analyze, Compare, Collaborate and Measure tools provided in
the Observatory
No additional integration, hosting, maintenance or other IT
related costs
Fees range from $10,000 to $50,000 for the Foundation Program
based on the size (spend on goods and services) and type of
customer organization.
For more information:
• Call: (800) 990-0228
• E-mail: [email protected]
• Website: www.spikescavell.com
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