In order to create insight in spend, procurement usually depend on standard reporting functionality being part of installed ERP systems or financial backbones of the company. These reports usually tend to be incomplete due to inconsistent data, missing standards or a variety of systems installed. In many cases, the IT strategy of the company is destined towards migration of all backbones to 1 central platform (SAP, Oracle, a.o.). Standardization may take years before completion with 1 serious consequence: reliable information on consolidated spend will remain inaccessible or incomplete for a long period of time.
Spidre: central data store amidst existing backbones
What Procurement needs is central access to all relevant data; access to a data store with consolidated procurement data from all disparate sources of the company: ranging from ERP systems to financial booking systems or Excel based budgets. A data store which is kept up-to-date no matter what systems or data sources are in place. This is where Spidre moves in: it provides a central data store amidst existing data sources. Spidre ensures access to performance indicators and identification of improvement potential, without investments in software.