Lera's Spend Data Management solution helps firms to achieve sustainable results by having a clear picture of spending done by the organization.

Lera’s Spend Data Management solution gives a clear and simple analysis of Why, Where, with whom and How much has been spent by the organization.

Features/Attributes:

• Extract
  Automatically extracts all spend data within and outside the enterprise.
  
• Validate
  Our solution provides accurate and complete spend data files.
  
• Cleanse and Classify
  Our solution enables cleansing and classification of data elements and attributes. Our solution also classifies spending at a detailed level.
  
• Enrich
  Our solution converts static spend data into actionable intelligence, enabling you to make informed compliance,sourcing and business decisions.
  
• Analyze
  Our Solution provides Role-based analysis of all spending information.
  
• Repeatable Process
  Lera’s SDM solution helps in repeatable opportunity identification, compliance monitoring and sustainable savings thus enabling repeatable spend management.
  

The Business Benefits From SDM Solution:

• Accurate Spend reports.
• In-depth visibility.
• Enterprise wide coverage .
• Duplicate reduction.
• Understand how much spend is with poor performing suppliers and identify opportunities to move spend from poor performing suppliers to good performing suppliers.
• Instantly identify all suppliers currently providing needed goods and services.
• Supplier negotiation.
• Contract Compliance.
• Effective decision making and providing easy–to–use spend reporting environment.
• Saving opportunities through effective opportunity identification and management.