The Contracted Spend dashboard provides a breakdown of contracted and non-contracted spend by month, vendors, cost centers and accounts.
This allows you to see how your contracted spend is trending and how it is distributed. It provides the ability to have improved conversations around contract negotiations to better suit you business.
Who should use this dashboard?
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IT management
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IT finance and FinOps teams
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IT executives
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Procurement and sourcing teams
What is this dashboard used for?
This dashboard is used to understand the monthly overview of your contracted vs non-contracted spend, as well as how this spend is being distributed amongst your accounts, vendors and cost-centers.
What questions does this Dashboard answer?
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What is the total contracted vs non-contracted spend year-to-date?
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How does the year-to-date spend compare to the prior year-to-date spend?
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Which vendors, cost centers and accounts are consuming the most contracted and non-contracted spend?
Key Benefits
This dashboard can be used as part of monthly business reporting, financial, and variance analysis. It provides the high-level detail needed to spot anomalies and the drill-down capability to analyze underlying detail to support investigation of anomalies.
For detailed instructions on navigating dashboards and using filters, see: Navigation and filters
KPIs
Charts and tables
Selecting any data point in a chart allows you to drill down into a more detailed view of the selected element.
Monthly Spend
This chart shows the monthly contracted and non-contracted spend, along with cumulative year-to-date trends. The cumulative dotted spend line predicts spend for future months based on historic spend.
Click on any spend column to drill into the month and see the spend broken down for the month.
Top 20 Vendors
The Top 20 Vendors chart shows the top 20 vendors by contracted and non-contracted spend from most to least spend.
Click on any vendor to drill into the Vendor Details report.
Top 20 Accounts
The Top 20 Accounts chart shows the top 20 accounts by contracted and non-contracted spend from most to least spend.
Click on any account to drill into the Account Spend report.
Top 20 Cost Centers
The Top 20 Cost Centers chart shows the top 20 cost centers by contracted and non-contracted spend from most to least spend.
Click on any cost center to drill into the Cost Center Vendor Spend report.
Data sources
The table below outlines the charts available on this page and the corresponding data cubes from which each chart retrieves its data.
|
Chart name |
Data cube |
|---|---|
|
Monthly Spend |
Finance |
|
Top 20 Vendors |
Finance |
|
Top 20 Accounts |
Finance |
|
Top 20 Cost Centers |
Finance |
Drill Down Reports:
Monthly Vendor Spend (Contracted Spend)