Spend Analysis Toolkit

Save time, empower your teams and effectively upgrade your processes with access to this practical Spend Analysis Toolkit and guide. Address common challenges with best-practice templates, step-by-step work plans and maturity diagnostics for any Spend Analysis related project.

Download the Toolkit and in Three Steps you will be guided from idea to implementation results.

The Toolkit contains the following practical and powerful enablers with new and updated Spend Analysis specific requirements:

STEP 1: Get your bearings

Start with...


• The latest quick edition of the Spend Analysis Self Assessment book in PDF containing 49 requirements to perform a quickscan, get an overview and share with stakeholders.


Organized in a data driven improvement cycle RDMAICS (Recognize, Define, Measure, Analyze, Improve, Control and Sustain), check the…


• Example pre-filled Self-Assessment Excel Dashboard to get familiar with results generation


Then find your goals...

STEP 2: Set concrete goals, tasks, dates and numbers you can track

Featuring 996 new and updated case-based questions, organized into seven core areas of process design, this Self-Assessment will help you identify areas in which Spend Analysis improvements can be made.

Examples; 10 of the 996 standard requirements:


1. What information has management provided to help the board assess which critical business assets and partners, including third parties and suppliers, are most vulnerable to cyber attacks?
   
   

2. Is the team experienced in all market data commercial management workflows, from handling service requests and contract renewals to data procurement and cost and usage reporting?
   
   

3. Which approaches would your organization adopt to develop a supply chain strategy that balances competing priorities of customer satisfaction, cost, and working capital?
   
   

4. Are you delivering IT services in a cost competitive manner or are there opportunities to reduce costs and fund innovation through strategic sourcing arrangements?
   
   

5. Has the advertising organization honored and made adjustments for any true up clause in the contract by reconciling hours estimated with actual hours worked?
   
   

6. Are other organizations effectively sourcing and managing the contingent labor given the amount of it in use and in combination with increasing demand?
   
   

7. Which optimization approaches would your organization most likely adopt if customer demand is uncertain and customers expect prompt delivery?
   
   

8. How many hours did you spend per control, on average, testing the operating effectiveness for control types for the fiscal year?
   
   

9. Do contracts/agreements with individuals or organizations performing utilization review provide for any performance incentives?
   
   

10. Do you expect your organizations spending for financial management software to increase, remain the same, or decrease?
    
    


Complete the self assessment, on your own or with a team in a workshop setting. Use the workbook together with the self assessment requirements spreadsheet:


• The workbook is the latest in-depth complete edition of the Spend Analysis book in PDF containing 996 requirements, which criteria correspond to the criteria in...


Your Spend Analysis self-assessment dashboard which gives you your dynamically prioritized projects-ready tool and shows your organization exactly what to do next:


• The Self-Assessment Excel Dashboard; with the Spend Analysis Self-Assessment and Scorecard you will develop a clear picture of which Spend Analysis areas need attention, which requirements you should focus on and who will be responsible for them:
  
  


• Shows your organization instant insight in areas for improvement: Auto generates reports, radar chart for maturity assessment, insights per process and participant and bespoke, ready to use, RACI Matrix

• Gives you a professional Dashboard to guide and perform a thorough Spend Analysis Self-Assessment

• Is secure: Ensures offline data protection of your Self-Assessment results

• Dynamically prioritized projects-ready RACI Matrix shows your organization exactly what to do next:



STEP 3: Implement, Track, follow up and revise strategy

The outcomes of STEP 2, the self assessment, are the inputs for STEP 3; Start and manage Spend Analysis projects with the 62 implementation resources:


• 62 step-by-step Spend Analysis Project Management Form Templates covering over 1500 Spend Analysis project requirements and success criteria:


Examples; 10 of the check box criteria:


1. Quality Management Plan: What are your organizations key processes (product, service, business, and support)?
   
   

2. Stakeholder Management Plan: Which of the records created within the Spend Analysis project, if any, does the Business Owner require access to?
   
   

3. Project Management Plan: Has the selected plan been formulated using cost effectiveness and incremental analysis techniques?
   
   

4. Quality Management Plan: Have all involved stakeholders and work groups committed to the Spend Analysis project?
   
   

5. Cost Baseline: Does a process exist for establishing a cost baseline to measure Spend Analysis project performance?
   
   

6. Probability and Impact Matrix: Risk may be made during which step of risk management?
   
   

7. Risk Audit: Do industry specialists and business risk auditors enhance audit reporting accuracy?
   
   

8. WBS Dictionary: Are the wbs and organizational levels for application of the Spend Analysis projected overhead costs identified?
   
   

9. Initiating Process Group: When are the deliverables to be generated in each phase?
   
   

10. Risk Register: Assume the risk event or situation happens, what would the impact be?


 
Step-by-step and complete Spend Analysis Project Management Forms and Templates including check box criteria and templates.

1.0 Initiating Process Group:


• 1.1 Spend Analysis project Charter

• 1.2 Stakeholder Register

• 1.3 Stakeholder Analysis Matrix


2.0 Planning Process Group:


• 2.1 Spend Analysis project Management Plan

• 2.2 Scope Management Plan

• 2.3 Requirements Management Plan

• 2.4 Requirements Documentation

• 2.5 Requirements Traceability Matrix

• 2.6 Spend Analysis project Scope Statement

• 2.7 Assumption and Constraint Log

• 2.8 Work Breakdown Structure

• 2.9 WBS Dictionary

• 2.10 Schedule Management Plan

• 2.11 Activity List

• 2.12 Activity Attributes

• 2.13 Milestone List

• 2.14 Network Diagram

• 2.15 Activity Resource Requirements

• 2.16 Resource Breakdown Structure

• 2.17 Activity Duration Estimates

• 2.18 Duration Estimating Worksheet

• 2.19 Spend Analysis project Schedule

• 2.20 Cost Management Plan

• 2.21 Activity Cost Estimates

• 2.22 Cost Estimating Worksheet

• 2.23 Cost Baseline

• 2.24 Quality Management Plan

• 2.25 Quality Metrics

• 2.26 Process Improvement Plan

• 2.27 Responsibility Assignment Matrix

• 2.28 Roles and Responsibilities

• 2.29 Human Resource Management Plan

• 2.30 Communications Management Plan

• 2.31 Risk Management Plan

• 2.32 Risk Register

• 2.33 Probability and Impact Assessment

• 2.34 Probability and Impact Matrix

• 2.35 Risk Data Sheet

• 2.36 Procurement Management Plan

• 2.37 Source Selection Criteria

• 2.38 Stakeholder Management Plan

• 2.39 Change Management Plan


3.0 Executing Process Group:


• 3.1 Team Member Status Report

• 3.2 Change Request

• 3.3 Change Log

• 3.4 Decision Log

• 3.5 Quality Audit

• 3.6 Team Directory

• 3.7 Team Operating Agreement

• 3.8 Team Performance Assessment

• 3.9 Team Member Performance Assessment

• 3.10 Issue Log


4.0 Monitoring and Controlling Process Group:


• 4.1 Spend Analysis project Performance Report

• 4.2 Variance Analysis

• 4.3 Earned Value Status

• 4.4 Risk Audit

• 4.5 Contractor Status Report

• 4.6 Formal Acceptance


5.0 Closing Process Group:


• 5.1 Procurement Audit

• 5.2 Contract Close-Out

• 5.3 Spend Analysis project or Phase Close-Out

• 5.4 Lessons Learned


Results

With this Three Step process you will have all the tools you need for any Spend Analysis project with this in-depth Spend Analysis Toolkit.

In using the Toolkit you will be better able to:


• Diagnose Spend Analysis projects, initiatives, organizations, businesses and processes using accepted diagnostic standards and practices

• Implement evidence-based best practice strategies aligned with overall goals

• Integrate recent advances in Spend Analysis and put process design strategies into practice according to best practice guidelines


Defining, designing, creating, and implementing a process to solve a business challenge or meet a business objective is the most valuable role; In EVERY company, organization and department.

Unless you are talking a one-time, single-use project within a business, there should be a process. Whether that process is managed and implemented by humans, AI, or a combination of the two, it needs to be designed by someone with a complex enough perspective to ask the right questions. Someone capable of asking the right questions and step back and say, 'What are we really trying to accomplish here? And is there a different way to look at it?'

This Toolkit empowers people to do just that - whether their title is entrepreneur, manager, consultant, (Vice-)President, CxO etc... - they are the people who rule the future. They are the person who asks the right questions to make Spend Analysis investments work better.

This Spend Analysis All-Inclusive Toolkit enables You to be that person.

Includes lifetime updates

Every self assessment comes with Lifetime Updates and Lifetime Free Updated Books. Lifetime Updates is an industry-first feature which allows you to receive verified self assessment updates, ensuring you always have the most accurate information at your fingertips.