Konsido SPEND gives you complete control over purchasing and consumption. See exactly what you are buying, who you are buying from, and what you are paying. Measure compliance at all levels. Identify savings. And get analyses that speak your language – not your suppliers'.
Konsido SPEND analyses all your purchasing transactions and creates an overview from raw data to strategic insight. The system pulls data from e-invoices, expenses and receipts, financial systems and the CVR register, categorises it using the Konsido1000 structure, and delivers analyses you can act on immediately.
With SPEND, you get answers to the crucial questions: How much do we spend on IT? Which suppliers deliver to the social sector at the section level? Are we complying with our framework agreements? And where are the biggest savings potentials? The analyses cut across departments, cost centres and product categories.
Konsido SPEND is based on the Konsido1000 categorisation, which is designed specifically for public organisations and energy companies. This means you get analyses in categories that match your reality – not standard structures that suit global corporations. The result is higher data quality and analyses you can actually use.
What are we buying? Konsido SPEND categorises each invoice line and shows exactly what the organisation is spending on. From office supplies to consulting services. From IT equipment to social services. Everything is divided into categories you can recognise and work with.
How do we buy? Do purchases follow the correct procedures? Are framework agreements being used? Do prices match what has been agreed? SPEND measures compliance on five levels – from supplier to item number to price – so you can see where the processes are working and where there are gaps.
Why do we buy? Every purchase has a context. SPEND links consumption data to your chart of accounts dimensions so you can see who buys what, why, and at what price. This makes it possible to ask the right questions and make the right decisions.
Konsido SPEND is delivered as interactive Power BI reports that give you direct access to all the data behind each key figure. Click your way down from the overall overview to individual invoice lines. Filter by period, department, category or supplier. Export data for further analysis.
The standard reports cover the most common analysis needs: consumption overviews, compliance analyses, supplier analyses, category analyses and price trends. But you can also get customised reports that match your specific management model.
All data is updated continuously – quarterly, monthly or weekly, depending on your needs. And because SPEND is based on Konsido's unique data foundation, the categorisation and data enrichment are already in place. You don't have to clean, match or categorise yourself – you just have to use the analyses.
