Spend performance management – Maximize cost savings and reduce supplier risk by gaining continuous visibility into company-wide spending patterns.

SAP BusinessObjects Spend Performance Management helps companies:

• Rapidly identify savings opportunities
• Gain spend visibility and solve the spend date challenge
• Reduce supplier risks
• Increasing spend under management

It also offers reporting and process functionality in:

• Business content – Easily identify supplier risks and prioritize the alternate supplier strategies with over 130 out-of-the-box performance metrics that show savings opportunities and critical business insights.
• Ad hoc analysis – Users can easily create reports, dashboards and additional metrics with third-party data integration into an intuitive visualization engine.
• Business process support – Get procurement analytics through transactional data from back-office systems and real-time feeds from news and credit ratings; support risk management processes with workflows, metadata and industry expertise.
• Data extraction and transformation – Extract spend data from SAP and non-SAP data sources quickly.
• Collaborative performance management – Capture performance goals, contributing factors and snapshots of spend and savings opportunities; prioritize actions to improve key performance indicators.
• Trade cost and import compliance management – Allow debarred supplier visibility and total landed cost calculations.
• Strategic sourcing – Launch sourcing initiatives from savings opportunities with software is integrated with SAP Sourcing.