Spend analysis is critical to delivering savings, continuous process improvement, and value creation. Nexdigm’s spend analysis services assist in identifying opportunities for, and then realization of, hard savings that drive higher EBITDA. Our team of AP professionals share your goals and compute success as you do: by measuring and delivering realizable savings.

Aggregating individual spend for all suppliers in the tail (suppliers with lower individual spends) often results in a cumulative “tail spend” that rivals larger suppliers. Though often a lower priority when identifying cost reduction initiatives, tail expenditure should not be ignored. Nexdigm helps to convert tail investment into a competitive advantage.

Helping leadership teams save costs in areas that have minimal impact while increasing spending in areas that promote long-term success. Our strategic cost management programs may help you discover and remove up to 35% of SG&A (Selling, General, and Administrative) expenditures, freeing up capital that can be used in driving growth and increasing shareholder ROI.

Long purchase cycles, late payments, and a lack of cash flow visibility are all indicators of sluggish procure-to-pay (P2P) systems. Nexdigm delivers both time and dollar savings by streamlining P2P processes. This minimizes paperwork and cycle times, improves compliance, limits maverick spending, and improves the entire purchasing experience.