Transcript Presentation - Spikes Cavell Analytic
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.
• • • • •
& 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 8 16 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
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 – 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
•