Spend Management Optimisation

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    XoomTune is a spend management optimisation service from Xoomworks that provides advice and expertise to ensure benefits are identified and achieved from your Spend Management solution. It enables you to ensure your solution is continually improved and delivers on your original e-procurement business case.

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    Going live with a Source to Pay solution is a major step towards better spend management - capturing savings, improving efficiency and gaining control. However, it is only the start of a journey and the most successful organisations keep project momentum going to really deliver against the e-procurement business case.

    The XoomTune service provides you with

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    Review of your Source to Pay solution data

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    Application of the data to Xoomworks' XoomTune Optimisation Dashboard

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    Procurement data analysis in the context of customer success metrics, business case and 'what good looks like' statistics

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    Provide insight into successes and improvement areas

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    Creation of standard XoomTune Optimisation report

    The benefits of XoomTune

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    Supplier Master Data

    Increasing efficiency in document handling and control about how and when your suppliers are paid in line with your control processes.

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    Supplier Enablement

    Reviewing Master Data quality, capabilities to handle electronic invoicing and supplier managed catalogues and identifying much more efficient and compliant ways of doing business.

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    Transaction Spend Analysis

    Review on transaction document values and volumes to promote driving compliance through approval increased spend management information and efficient P2P processes.

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    Compliance

    Identifying areas to be more in line with business processes, such as pre-approved processes.

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    Invoicing Channels

    Identifying areas with high manual resource requirements and proposing more automated / touch-less processes to drive efficiency.

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    Approval Analysis

    Identifying areas with high manual resource requirements and proposing more automated / touch-less processes to drive efficiency.

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    Contract Analysis

    Review of contract behaviours and identify opportunities for associated repeatable spend from suppliers.

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    Sourcing Analysis

    Review Sourcing activities and leverage savings through simple RFX processes.

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    Highlight New Features

    New releases provide the opportunity to simplify or expand your solution.

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    Governance & Control

    The Source to Pay solution environments & information are governed internally and externally, with Source to Pay solution.