IT Supplier Spend Analysis
Get a comprehensive breakdown of your external IT spend with our fixed term, fixed cost Supplier Spend Analysis consulting package.
- Short term engagement (approximately 10 days)
- Conducted by IT commercial experts
- Customised to each client based on IT supplier portfolio size and complexity
- Provides a complete and reliable “single source of truth” for suppliers
- Establishes a solid data governance foundation to set your organisation up for continuous monitoring and optimisation activities.
- Tailored recommendations on cost optimisation, supplier consolidation, and procurement process improvements.
Is this spend analysis solution right for my business?
An IT supplier spend data analysis that lays the foundation for IT cost optimisation.
Cost optimisation is a top business priority, and Invictus Partners wants to help CIOs lead the way in these initiatives. Our fixed term, fixed cost Supplier Spend Analysis offering empowers IT leaders with the spending insights needed to make more informed procurement decisions and improve financial efficiency.
You can’t optimise what you can’t measure. By consolidating IT supplier expenditure into a unified view, you can identify what you’re buying, who you’re buying from, and on what terms. You’ll also discover opportunities to optimise your IT supplier portfolio by identifying redundant, underperforming, or overpriced suppliers.
Make smarter sourcing decisions with IT spending transparency.
Full spending transparency is necessary for competitive procurement. If you, like one third of CIOs, aren’t sure how many IT suppliers you have on your books, and don’t have access to accurate and reliable supplier spend data, you are missing out on opportunities to secure better contractual terms and pricing models.
Many IT supplier contracts have opaque pricing structures, hidden cost increases, or poorly negotiated terms, putting enterprises at a financial disadvantage. With enriched supplier data, you’ll be able to increase your negotiation leverage with suppliers and make more informed sourcing decisions.
Download our IT Supplier Spend Analysis brochure
The IT supplier and vendor spend analysis deliverables.
1 Up-to-date supplier database
1 Up-to-date supplier database
2 Single view of supplier spend data
2 Single view of supplier spend data
3 Up-to-date supplier database
3 Up-to-date supplier database
- Supplier cost reduction strategies
- Supplier consolidation
- Procurement process optimisations.
Our external IT spend analysis process.
1 Initial consultation
1 Initial consultation
We kick off with a discovery session to gain an understanding of your business and IT strategy, desired outcomes, and how these align with your current IT supplier portfolio (or what you know of it).
To scope the project, we will need to know:
- The (estimated) number of IT suppliers
- The external IT spend categories
- How IT procurement is managed in your organisation (i.e. centralised vs. decentralised).
2 Supplier information gathering
2 Supplier information gathering
3 Supplier cost breakdown analysis
3 Supplier cost breakdown analysis
4 Recommended next steps
4 Recommended next steps
The Invictus Partners difference: IT Supplier Spend Analysis consultants that can help you turn spend data into dollars.
Invictus Partners’ commercial advisory practice is built on multiple decades of experience optimising supplier portfolios across the entire supplier lifecycle. Drawing on client-side commercial expertise, as well as decades of combined experience helping clients select and manage enterprise software suppliers and negotiate contracts to best meet business and financial needs, we have created our IT Supplier Spend Analysis offering to help organisations understand understand IT spending patterns, identify cost-saving opportunities, improve process efficiency, and optimise procurement strategies.
In addition to IT Supplier Spend Analysis, Invictus Partners provides a range of enterprise software advisory services across all the major vendors, including IBM, Microsoft, Oracle and SAP. Software represents a material component of IT supplier expenditure and requires specialist knowledge to manage effectively. If required, the broader expertise within Invictus Partners can be leveraged to further enhance, complement and supplement our clients’ teams.