Procurement Spend Analytics Dashboard

Overview

Company spending data is often a chaotic mess, buried deep inside complex accounting software and ERPs. This makes it impossible for finance and procurement teams to get a simple answer to the question, "Where is our money really going?" This lack of visibility leads to wasteful spending, redundant software licenses, and a weak negotiating position with vendors. This procurement spend dashboard solves that by connecting directly to financial systems. It automates reporting and visualizes all purchasing data in one place, empowering the team to spot inefficiencies, consolidate vendors for better pricing, and enforce purchasing policies to stop maverick spending.

Retool Features Used

Centralized Spend Visibility: to connect directly to financial systems (like NetSuite) and aggregate all purchase orders into a single, filterable dashboard.
Spend by Category Charting: to use a Pie Chart to immediately identify the largest cost centers, such as "IT & Software" or "Marketing."
Top Vendor Analysis: to use a Bar Chart to rank the top 10 vendors by total spend, helping managers identify key relationships and consolidation opportunities.
Detailed Vendor Table: to provide a complete, sortable table of all vendor spending, allowing teams to drill down and find redundancies (e.g., multiple vendors for the same software category).