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Purchase to Pay Insights Made Easy with Basware Analytics

True visibility into 100% of your data and actionable insights.

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Learn how data and analytics benefit the P2P process

Analytics makes sense of your financial data and provides insights that inform strategic decision-making. Capturing and analysing financial data across the entire purchase-to-pay process enables you to get a holistic view of your processes and truly transform your organisation for ultimate success.

Manual Reporting

If your solution doesn't come with built-in reporting, users must spend extra time setting up reports themselves.

You're likely feeling the pain of manual reporting if:

  • Data is spread out across multiple, disparate systems

  • Employees are spending time aggregating and compiling data for reports each month

  • There are gaps in your data and questions that can't be answered easily.

Lack of Complete and Accurate Spend Data

If you're not capturing 100% of your spend data, you're not getting the full picture and can't make strategic decisions for your business.

You are seeing this play out if:

  • You're using multiple platforms to view all open commitments

  • It's difficult to know exactly what sort of spend has already happened and is going to happen in the future

  • You can't forecast and plan for the future confidently

  • It's proving difficult to gain control and more spend under management.

Inability to Make Fact-Based Decisions

Moving to an insights-driven organisation is a major draw of digital transformation, but it's easier said than done.

You're likely struggling to get there if:

  • You have pots of data that is difficult to turn into useful insights

  • You and your team have to dig for information and piece together data to glean answers

  • You're trying to make sense of numbers, spreadsheets, and presentations without the support of data visualisation.

Welcome to the Insight Powerhouse, Basware Analytics

Basware Analytics is a data visualisation tool that gives you powerful insights into 100% of your financial data - prioritising opportunities for process improvement, savings, and growth.

This all-in-one analytics solution is fully integrated with your Basware AP Automation and e-Procurement solutions and provides numerous out-of-the-box dashboards, prescriptive and predictive analytics, as well as market-leading technology in self-service reporting.

Book a Demo
Welcome to the Insight Powerhouse, Basware Analytics

"We have more visibility than we ever could have imagined, our CFO looks at the reports every day. The data has prioritised the areas our team needs to focus on to see greater efficiency and costs savings."

Head of Purchasing, a Healthcare Organisation

How Basware Analytics Can Help You

Basware Analytics will help you fix process bottlenecks, improve efficiency, control spend, and detect fraud. You'll get the tools you need to accurately forecast cash flow, optimise working capital, minimise risk, track progress, and plan your roadmap.

Insights to Improve Process Efficiency

Basware's ready-made dashboards give your organisation immediate insights into the P2P process. You can see information and insights regarding suppliers, spend, and payments. Getting your data quicker through pre-established dashboards means you can start visualising the future faster.

You'll be able to analyse:

  • Supplier performance on order fulfillment, lead times, and delivery
  • Exceptions and invoice cycle times in AP
  • Your progress against goals and the top performing companies on the Basware Network.

Valuable Spend Analytics

Identify your savings potential and new opportunities to cut costs across the organisation with 100% spend visibility layered with advanced Basware Analytics.

You'll get:

  • A holistic view of realised and committed spend in one place (both direct and indirect spending)
  • Visibility into spend by organisation, category, supplier, cost center, and GL accounts
  • Trends for controlled and uncontrolled spend.

Accurate Cash Flow Forecasting

By analysing trends across spending, invoice cycle times, anticipated payments, and more, you'll be in a much better position to accurately predict how much cash will be coming in and out of your organisation. And because Basware Analytics is integrated with your AP and e-procurement solutions, you'll always have the most up-to-date information at your fingertips.

Gartner Magic Quadrant for P2P

Gartner Magic Quadrant for P2P

Highest Score for Adaptability

Highest Score for Adaptability

Leader in Forrester Wave

Leader in Forrester Wave

Key Features of Basware Analytics

Analytics for Accounts Payable

Specialised dashboards created for AP will improve your organisation's efficiency through monitored invoice processing times. You'll also be better positioned to capture early payment discounts by removing process bottlenecks before problems occur.

Our AP dashboard includes:

  • Overall invoice cycle times
  • Exceptions by supplier, organisation, invoice origin, matching type etc.
  • Predictive analytics to flag invoices that are likely to be paid late
  • Tracking for payment plans.

Analytics for Procurement

Procurement-oriented dashboards allow the user to track on-contract and maverick spend across the entire organisation. You can view spend by category, vendor, geography, or business unit for easier analysis. Use the data to find opportunities where approval times can be accelerated, get more spend under management, and monitor supplier performance, all from one platform.

Analytics for Top-Level Managers

The data gathered from your purchase-to-pay process provides valuable information for all levels of employees in your organisation. And with mobile, on-the-go-capabilities, the information and insights can be viewed anytime, anywhere.

Managers and executives can use Basware Analytics to:

  • View benchmarking statistics on key metrics - e-invoice rates, spend under control, automatic matching, and invoices paid on time
  • Track performance against the best-performing companies and use the benchmarking tool to set realistic KPIs for continuous improvement
  • Analyse enterprise spending and efficiency gains
  • Create strategies for supply chain excellence.

Basware Analytics for Purchase to Pay