Please visit the SpendInsight website for full details.
The SpendInsight website was launched in February 2010, and after an initial email shot over £ 35 billion was analysed in February and March 2010. This is up from the £ 16 billion analysed the previous year (50% using SpendInsight and 50% using Coding International).
By the end of 2010 SpendInsight had analysed over £ 100 billion.
We believe that SpendInsight is both the leading cloud Spend Analysis system and the fastest growing Spend Analysis system in the world.
SpendInsight Enterprise edition was used by London Procurement Programme to generate the first comprehensive view down to line item of all NHS Spend in London. London accounts for approximately 25% of NHS Spend, and with its mixture of major world leading teaching hospitals and small Gp's managed by PCT's it has previously proved to be a significant challenge.
Prior to SpendInsight, @UK PLC worked with Coding International and the then market leading spend analysis system, to analyse less than 1/4 of London's spend. The project took 2 years and cost around £ 500,000. SpendInsight delivered a better result, in 6 months for the entire spend at a significantly reduced cost.
SpendInsight now delivers true line item spend analysis in a fully automated manner in less than a week. Datapacks are available as Access databases with an Excel front end along with a web based front end.
@UK PLC Guarantees that a Spend Analysis will show significant potential savings, and provide the immediate savings to fund a full p2p eprocurement project.