Spend Analytics demo

Every dollar classified, and every saving pinned to the invoice lines behind it. 1:33

What the demo shows

Classifies and cleans all spend by category and supplier to find savings for procurement

The category manager works in one place: a conversation with the spend agents beside a spend ladder that descends from all spend to category, sub-category, supplier and invoice line. Each rung shows how much the agents moved from the ledger coding and the accuracy a validator agent measured on a value-weighted sample. Ask why laptops moved or who sells a given laptop model and the agents answer with a citation on every number and move the ladder there. A supplier normalizer merges vendor records into parent suppliers and shows the registry, ownership and bank evidence; a classifier proposes rules in words that the validator samples before a person accepts them; a contract matcher checks each saving before it counts; an opportunity agent finds the saving on one laptop bought from several resellers. A guided review takes the person through families, rules, unsure lines, disagreements and savings, one proposal at a time, approve, edit or reject with a reason. Finance validates realized savings against a frozen baseline.

Transcript

  1. Spend Analytics classifies and cleans all spend by category and supplier to find savings.
  2. Kestrel and Vane spend $6.2 billion a year and a fifth sits under the wrong code.
  3. Anouk manages IT hardware.
  4. She talks to the agents and the ladder follows.
  5. Every rung shows what the agents moved and the accuracy a second agent measured.
  6. The supplier normalizer shows its work.
  7. 41 records become 9 suppliers.
  8. Anouk asks why laptops moved.
  9. The classifier answers, citing every invoice line.
  10. One laptop, 6 resellers from $11.28 to $14.12.
  11. The opportunity agent pins the gap.
  12. The contract matcher checks the clause first.
  13. Anouk approves with a reason.
  14. The baseline freezes and the notice waits for her.
  15. Every number opens its source.
  16. Every decision is signed and logged.
  17. Across the group, $33 million found and finance signs what is banked.
  18. Built on Botminds: agents, data, screens, and governance on one platform.

Transcribed from the film’s narration. Captions are on the player.