cloudBuy SpendInsight is the ultimate budget pruning tool. Powered by artificial intelligence technology (the outcome of a three-year knowledge transfer partnership with cloudBuy, The University of Reading and Goldsmiths College, London), we’ll interrogate your data down to line-item level to identify exactly where your procurement pound is not achieving the best price. As well as highlighting these examples of poor value, we’ll benchmark each product against the hundreds of other buying organisations in our data pool to work out a fair benchmark price for you to aim for. Finally, we’ll work alongside your legacy systems to show you not only orders that contravened contract pricing, but the specifics of that order - right down to requisitioner. These revelations will spearhead your spend recovery efforts.
We take data from multiple sources; ideally these should be Accounts Payable, Purchase Orders, Contracts and Catalogue Data. We require these in the rawest form possible as our systems will cleanse, cross relate and enrich this core data.
Once you have created an account, we will provide guidance notes which detail how to collect and upload your data. If you require assistance, contact our customer support group on +44 (0)118 338 1429.
Once we have analysed your data, which typically takes 7 working days, we will email you to let you know that the data pack is ready for download. We can also provide your data on a DVD if required.
We accept the following payment methods:
Banks automated clearing system - BACS
We accept payment by cheque, we will only commence the work once the payment by cheque is cleared.