Spend Analysis Services

Unlock full visibility and control over your spend

Procurato’s Spend Analysis services transform raw data into insight you can trust. We bring together fragmented spend data, cleanse and enrich it, and deliver a clear view of spend patterns across categories, so you can focus on the areas that matter most.

Why Spend Analysis Matters for Your Business

For many organisations, spend data is scattered across multiple systems, inconsistently classified, and often out of date. This leads to missed opportunities, uncontrolled costs, and limited visibility of supplier risk.

Procurato’s Spend Analysis services address these challenges end to end. We consolidate your spend data, cleanse and classify it into market-facing categories, and enrich it with supplier risk and performance insights. Using our proprietary SpendQube platform and the expertise of our procurement specialists, we give you a fact-based view of your spend distribution and highlight where interventions will deliver measurable benefit.

But we go further than a one-time spend analysis. Our team offers ongoing managed service support, helping you prioritise opportunities, deliver savings, and embed stronger spend governance – with procurement experts guiding you every step of the way.

How it helps your business

Visibility & Control

Get a single, consolidated view of spend across all categories, regions and suppliers.

Cost Reduction
Identify savings opportunities, eliminate maverick spend and negotiate with confidence.

Risk & Compliance Management
With clear, consolidated data, you can spot ESG risks, supplier dependencies, and compliance gaps early and take action before they impact performance.

Better Decision-Making
Clean, real-time data helps your team focus on the right categories and suppliers, enabling faster and better-informed decisions.

Overview

How it works

Spend data is often fragmented, inconsistently classified, and difficult to trust, leaving opportunities and risks hidden. Procurato’s Spend Management service gives you a single, reliable view of your organisation’s spend so that you can make better-informed decisions and focus resources where they will have the greatest impact.

Steps

01.

Collect & Cleanse  
We take a feed of your accounts payable data and standardise, clean, and enrich it. This includes correcting errors, matching supplier names, and adding third-party data such as supplier risk, ESG, and financial information, creating a robust foundation for analysis.

02.

Classify & Analyse
Using our AI-powered SpendQube platform, we classify spend into market-facing categories with more than 92% accuracy after the first refinement and then refine it further to achieve the highest accuracy. This provides a clear view of spend patterns, highlights inefficiencies and non-compliant spend, and brings supplier risks to light.

03.

Review & Enable
Our procurement specialists review the outputs with you, explain the insights, and ensure you have the tools and understanding needed to act. The outcome is full transparency and the ability to identify and pursue the savings, risk reduction, and compliance improvements most relevant to your organisation.

Depending on your business needs, our team can provide ongoing managed services. Our procurement experts work alongside your team to help execute the initiatives you prioritise, ensuring savings are captured, compliance is maintained, and supplier management continues to improve over time.

What you get from Spend Analysis

Our Deliverables

Spend Analysis Dashboard

Fully interactive, filterable views of spend by supplier, category and region.

Savings Opportunity Map

A prioritised list of cost-reduction levers and value opportunities.

Prioritised Action Plan

A practical set of next steps to capture savings, improve control, and strengthen supplier management.

Procurement Support

Experienced procurement professionals act as your dedicated account managers, guiding every stage of the spend analysis process.

Why Procurato

We combine real industry expertise with technology that adds value. We speak the same language as your teams, avoiding consultancy complexity, and deliver insights in a clear, practical way.

Agile and adaptable, we stay aligned with your agenda even when challenges arise, always focused on delivering what we promise and leaving behind solutions that last.