Features

Forecasting

Challenge

Budget management presents significant challenges, particularly in maintaining a comprehensive budget overview from various perspectives, with current consumption and upcoming planned expenses.

Impact

Low visibility into current consumption, upcoming planned expenses and timesheet management leads to increased expenses above budgets.

Solution

Implement managedsuppliers! managedsuppliers streamline this process by monitoring the budget per SOW, centralising tracking, enhancing transparency, enabling real-time reporting, and facilitating future cost predictions based on aggregate data.

Immediate Financial Dashboards

managedsuppliers’ dashboard offers a real-time view of financial alignment. It’s a tool that equips management with the insights needed to take proactive actions, as they need it, when they need it.

Strategic Supplier Steering

With this data in hand, you can act swiftly and decisively, steering the supplier in the right direction. This may involve requesting explanations, reviewing service performance, or making necessary adjustments to optimise costs.

Data Retrieval

managedsuppliers makes it easy to retrieve all data entered into the solution. This ensures that no detail is lost, and you have access to a comprehensive historical record.

Comparative Analysis

On the one hand you can compare forecasts to actual results for better decisions and accurate predictions. On the other hand, you can aggregate and analyse the figures based on various criteria such as time, system, department, region, etc. and compare it with other suppliers.