Corporate United Introduces Advanced Reporting and Data Analytics Solution to Optimize Indirect Spend for Members
GPO powers a data-driven approach to indirect spend management and delivers a new level of value to members
CLEVELAND, June 28, 2017 /PRNewswire/ -- We live in a data-driven world. For many organizations, the ability to effectively analyze and gain actionable insights from the data they collect is critical in driving their business forward. For Corporate United, the nation's largest indirect group purchasing organization (GPO), capturing, analyzing and reporting on members' program usage and spend is essential to how the GPO delivers value to its nearly 400 members. Now, Corporate United is introducing a new reporting and visualization solution to revolutionize how its members manage indirect spend.
Built on leading cloud database and visualization tool Tableau®, the Corporate United Category Insights Platform arms members with actionable insights needed to make smarter purchasing decisions and drive program-wide improvements.
"It's our vision to power a data-driven approach to category management and help our members optimize their indirect spend. By enabling members to better understand their spend, the Category Insights Platform empowers them make significant improvements in areas such as cost savings and compliance. Less time is required to manage indirect spend categories, freeing up resources to dedicate other strategic initiatives," says President & Chief Operating Officer Doug Blossey. "We're excited to deliver this next level of value to our members."
The solution is included with Corporate United's no-cost membership, and enables users to:
- Access key spend data and reports on-demand
- Analyze spend with the ability to sort, filter and drill down into detailed data
- Benchmark and verify that Corporate United's pricing and terms remain market-leading
- Identify opportunities for additional savings and program improvements
- Monitor their organization's progress towards program rebates
- Ensure supplier partners perform against contractual service level agreements
The Category Insights Platform enhances Corporate United's hands-on approach to Category Management, ensuring ongoing value for members throughout the life of their agreements. For more information on Corporate United's Category Insights Platform, please visit corporateunited.com/resources/category-insights-platform.
About Corporate United
As the nation's largest indirect group purchasing organization (GPO), Corporate United enables nearly 400 member companies to expertly manage their indirect spend categories. By providing category lifecycle management for more than 40 leveraged agreements, Corporate United offers an enhanced approach to ongoing contract and supplier management. For more information on Corporate United, please visit www.corporateunited.com.
MEDIA CONTACT
Christine Friscic
Category Marketing Manager
440.788.7941
[email protected]
SOURCE Corporate United
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