Get a transparent view into your P2P operations with firststrike® Reporting and Analytics
- Scope: What should we measure to become world class?
- Priority: When can I get on IT’s priority list?
- Access: How do we integrate data from all our systems for consistent enterprise reporting?
- Operational KPI reports like invoice and payment volume and automation, keyer productivity, invoice and payment cycle times, on-time payment, No PO/No Pay compliance.
- Cash Management reporting
, like DPO (Days Payable Outstanding) by spend category and vendor, discount capture and lost discounts, open debit balances.
- Vendor Analysis, like top vendors, duplicate vendors, multiple remit-to’s, vendor grouping.
- Spend Analysis and Spend Management, by commodity, geography, period LOB, unapproved spend.
- Minority/Diversity Reporting, to monitor and manage corporate initiatives.
- Custom Reporting to cover other scenarios.
Get a clear view of previously incompatible and unwieldy data stores. Use the information to maximize recoveries, uncover strategic insights, inform decisions and benchmark your operations.
- Powered by cognitive/AI technology, including predictive analytics, robotics, and IBM Watson®.
- Consolidate data from all your P2P systems, whether industry-leading systems like SAP and Oracle or custom (homegrown) environments.
- Select from 150 prebuilt reports or easily design your own.
- Analyze data in seconds to identify issues and uncover insights.
- Use global selection criteria to “slice and dice” data and drill down into details.
- Choose your own deployment model for firststrike, either hosted in a highly secure, compliant and scalable cloud environment or on-premise.
- Proactively intervene and take quick action before disbursements are made.
- Conduct your own AP post-audit review.
- Make transformative business decisions by turning isolated data stores into actionable reports in seconds.
- Isolate the root causes of errors and fix them once and for all.
- Benchmark and monitor operational performance for continuous improvement.
- Make better-informed decisions using data that is now at your fingertips.
With firststrike, the choice is yours
In addition to Reporting and Analytics, we offer other modules with the procure-to-pay controls and analytics you need to support your operations.