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Spend Analysis

Create a vendor budget and track spend activities for strong financial controls.

spend

 

Manage each of your vendors' budgets and track spend activities

 

Gain a central repository to support the monitoring of the cost-benefit relationship for all your vendors and their products/services.

budget


Analyze financial outcomes


You have the ability to analyze whether your financial outcomes are within acceptable range of your financial projections that were developed during the planning stage of the third-party risk management lifecycle.

centralized


Central repository


Keep key stakeholders involved in managing third-party risk by having them support the monitoring of the cost-benefit relationship for all your vendors and their products/services.

api


Integrate to AP systems


Automatically sync spend with your AP system of choice with our API and import data right on the Vendor Dashboard.

Ensure strong financial control by monitoring high-spend vendors


Having visibility into high-spend vendors and being able to identify overages in spend is important to ensuring strong financial control.

vendor spend

 

Graphically see the vendor's budget vs. actual spend

Keep track of expenses per vendor. Charts will show the difference of plan vs what is actually spent to keep track if you're under budget or over.

Define the budget per vendor

Define your budget for each vendor then easily add and track spend amounts and dates.

spend budget

 

Quest Library

 

Run reports to compare vendors and see spend

Easily run reports to see and analyze the spend per vendor.

people

It’s not just about our platform.
It’s about our people.

checkSpecialize in third-party risk management and are passionate about it's importance
 
checkHold a wide range of certifications and qualifications including CISSP, CTPRP, Paralegal, CPA, CRISC, GCIH, ABCP, CCNA, and more
 
checkStay current on industry trends and latest news
 
checkOn hand to provide advice to our customers and community
 
checkDrive our educational content and advocate for best practice third-party risk management

You won't just hear it from us

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(4.6 out of 5 | 163 Gartner Peer Insights Reviews)
As of January 3, 2024

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