Supplier analysis

Transparent’s strength lies in the fact that we combine data from various ERP systems and years in a single database and then use it to identify trends. The resulting insights have proved to be highly valuable for many of our clients. The aspects listed below are dealt with in the analysis and the tailor-made recommendations.

Supplier integrity

For each supplier, the numbers and amounts of the undue payments are examined. Transparent uses internal averages and indicates when a supplier clearly deviates from those averages. This is valuable information for the client, with which it can undertake targeted actions towards specific groups of suppliers.

Quality of the supplier database

          

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Contamination of the supplier database can cause undue payments and other errors which must be corrected retroactively or – worse still – are overlooked.
Transparent provides overviews of possible contaminations in the supplier database, such as:
  • Duplicate and/or incomplete name and address details of the supplier
  • Duplicate bank account numbers
  • Duplicate supplier numbers
  • Inactive suppliers
     

Possible risks

Transparent examines the risks connected to current suppliers on several fronts.
  • Errors and shortcomings in the supplier database increase the risk of undue payments.
  • A large number of inactive suppliers can increase the risk of fraud.
  • A large number of invoices with a low amount increases the risk of a larger workload and leads to unnecessary costs.
  • A large number of suppliers in a specific geographical region increases the risk of fallout when that geographical region is subject to a precarious situation.
  

Payment record

Transparent compares agreed payment terms with the actual payment record over past periods and identifies points for improvement.

Invoices

Transparent examines invoice amounts and numbers, and provides reports that give insight into your own payment process:
  • Number of invoices per month
  • Invoice numbers and amounts per supplier on an annual basis.
     

Presentation

The various analysis reports can be printed out separately and/or exported to Microsoft Excel. You thereby gain access to data that was not previously available in this condensed format, or for example was only available in other divisions with separate ERP systems.


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