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Uncovering Hidden Vulnerabilities
Deciphering Supply Chain Analytics
Measuring Impact
Lithium Mining and Supply Chain Sustainability
Combating Human Slavery
Payments: How Spend Analytics Optimizes Working Capital
Large organizations face challenges optimizing working capital, including complex operations, limited bargaining power with suppliers and customers and unpredictable cash flows. Spend analytics platforms such as RobobAI help them increase transparency of financial payments and identify opportunities to free up working capital.
Faster Payments for Better Deals
Spend analytics empowers organizations to make data-driven financial decisions. By focusing on suppliers that accept card, they can expedite payments, allowing them to negotiate deeper discounts and improve liquidity.
Safeguard Against Fraud: Minimizing Risk in Cross-Border Transactions
A recent AFP survey found 84% of businesses with revenues over $1 billion and over 100 payment accounts faced attempted or actual fraud in 2023. Spend analytics helps organizations detect and avoid B2B payment scams.
Finding Hidden Value in Tail Spend
Ad hoc spending on high volume, low value transactions and infrequent purchases is often scattered across departments, suppliers, and categories, making it difficult to track and manage. Tail spend analysis helps companies reduce maverick spending and consolidate low value transactions to drive cost savings.