Executive Briefings

BravoSolution Offers Spend and Data-Visualization App

BravoSolution has launched BravoAdvantage Analytics, a spend and data-visualization tool that provides procurement organizations with visibility into the supply base, by bringing all relevant data into a single reporting platform.

Users can analyze data and design reports, graphs and dashboards. The tool provides visibility into all aspects of spend data, including categories, organizations, suppliers, geographies and time periods. It identifies variances in data sets and spending activity, and detects causes of change. In addition, it uncovers new savings and sourcing opportunities by guiding users through an analytical process from supplier fragmentation or demand opportunities, to more complex elements such as price benchmarking and unmanaged spend. Users can incorporate contextual data from across the organization, including contracts, supplier performance and risk.

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Users can analyze data and design reports, graphs and dashboards. The tool provides visibility into all aspects of spend data, including categories, organizations, suppliers, geographies and time periods. It identifies variances in data sets and spending activity, and detects causes of change. In addition, it uncovers new savings and sourcing opportunities by guiding users through an analytical process from supplier fragmentation or demand opportunities, to more complex elements such as price benchmarking and unmanaged spend. Users can incorporate contextual data from across the organization, including contracts, supplier performance and risk.

Read Full Article