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Analyse vendor spendings to identify procurement savings

Analyse vendor spendings to identify procurement savings

Your first prompt to AI

Your first prompt to AI

"Aggregate vendor invoice and contract data from the attached export to identify high-spend categories and potential negotiation areas, and output a procurement savings report."

"Aggregate vendor invoice and contract data from the attached export to identify high-spend categories and potential negotiation areas, and output a procurement savings report."

Enhanced AI workflow

Upload vendor invoice data and contract terms via API (Datev) or CSV exports
AI normalizes spend by category, vendor, and entity
Identifies top spend categories and vendor concentrations
Suggests consolidation or renegotiation opportunities
Outputs procurement savings report and action plan (via combination of MS Word reports and MS Teams notifications)

AI accessing tools and data

AI accessing tools and data

Benefits using AI

Benefits using AI

Increased throughput

Increased throughput

Freed up human focus

Freed up human focus

Ensured accuracy

Ensured accuracy

Reduced costs

Reduced costs

Applied in

Applied in

Procurement optimization

Procurement optimization

Requesting departments

Requesting departments

Fund Operations, Finance

Fund Operations, Finance

Beneficiaries

Beneficiaries

Operations Analyst, FP&A Analyst

Operations Analyst, FP&A Analyst

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