Spend Intelligence: Introduction Follow

Spend Intelligence is an interactive workspace that displays analytic information to users and creates awareness of spend and savings drivers. All graph elements of the interface can be drilled into to give you control over and access to the information that you want. This tool will help you to spend more time discovering savings so you can drive results.

Spend Intelligence Features

Spend Awareness

This is the default landing page of Spend Intelligence which allows users to slice spend data into different perspectives of their choosing. Spend Awareness is for comparison (not aggregation) and is meant to compare two time periods across a variety of dimensions.

For more information about the Spend Awareness feature, please see:

• Spend Intelligence: Spend Awareness
• Spend Intelligence: Spend Awareness (Video)

Savings Awareness

Savings Awareness presents a dashboard view of where change in spend was caused by prices staying flat, increasing, or decreasing. It is an aggregation of Spend and Savings across multiple useful metrics. Users can pick from the [View by] dropdown list of values across various tables to further investigate CPNs and MPNs for spend optimization.

For more information about the Savings Awareness feature, please see:

• Spend Intelligence: Savings Awareness

Cost and Forecast Detail

With Cost Detail, users can review and filter Spend data tables at the part level to ensure accuracy and data integrity.

With Forecast Detail, users can review and filter Demand data tables at the part level to ensure accuracy and data integrity.

For more information about the Cost and Forecast Detail feature, please see:

• Spend Intelligence: Cost Detail and Forecast Detail

Product Scope

If your organization has loaded data on products and product families with LevaData, then you will have access to Product Scope on the LevaData Platform.  You will be able to use a similar set of features as depicted above with additional sections for Bill of Materials Costs and Transformation Costs.

For more information about Product Scope, please see:

• Spend Intelligence: Product Scope

Scope and Filtering

Spend Intelligence has a large number of view dropdowns within the interface as well as an overarching scope and filter system on the top of the page that allows the user to set specific time periods and search criteria to view spend and savings information for only those values.

For more information about Scope and Filtering, please see:

• Spend Intelligence: Spend Awareness > Filtering the Data Presentation by Time Period
• Spend Intelligence: Scope and Filtering (Video)