Spend Analytics Graphs

Spend Analytics Dashboard Power.png

Spend Analytic Graphs

Spend Analysis Graphs

Spend Analytics Graphs can be defined as a graphical representation of procurement spend data, it includes, Quantities, Frequency, Time and Cost Reporting. Graphs provide a solid foundation for data driven Insights & simplified Spend reporting.

Analytics graphs are normally combined with procurement spend, these visualizations normally form the basis of spend analysis dashboard, feature rich and provide a graphical view of data. Spend Analytics Graphs, are used to plot time series or static data, typically each application contains an out the box list of graphs that create high quality visuals.

There are 10 Commonly used Spend Analytics Graphs shown in the list below:

Top 10 Spend Analytics Graphs:

  • Spend Analytics Line Graphs

  • Spend Analytics Bar Graphs

  • Spend Analytics Scatter Graphs

  • Spend Analytics Combo Graphs

  • Spend Analytics Waterfall Graphs

  • Spend Analytics Pie Charts

  • Spend Analytics Histogram Graphs

  • Spend Analytics Gauge Graphs

  • Spend Analytics Text Graphs

  • Spend Analytics Geo-maps Graphs

For many organisations, the need to connect and analyse procurement spend data. The combined force of accelerated insight, with built in text analysis, helps identify trends, outliers and valuable insights from procurement spend data.

To achieve this bespoke Spend Analytics Software is used.

Spend Analytics Graphics

In some organization Spend analytics dashboard is referred to as a Spend Cube. A spend analytics dashboard, is a collection of predefined spend charts or graphs.

Spend Analytics in Power BI - Video YouTube

Spend Analytics Graphs create a visualization tool known as Accelerated Insight. Out the box list of graphs that combined create quality visuals.

 

Spend Analytics Graphs : Field list

Sometimes referred to as a Spend Cube or Spend Analysis. This allows data, to be connected, Power BI allows the user to create a template, using predefined spend analysis format.

The Spend analysis format is usually provided in excel. The following list of spend analytics graphs are shown below:

  • ABC or Pareto Analysis

  • Number of Suppliers

  • Number of Transactions

  • Spend Analytics

  • Average transaction costs

  • Currency

  • Invoice date

  • Unit cost

  • Total Spend Value

Data Visualization

Spend analysis Dashboard takes Spend data and creates a method for users to consume it, easily and quickly. Data Visualisation is essential creating insightful, data-driven cost optimization.

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