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We combine years of software solution development experience with McKinsey’s expertise in procurement
and supply chain analytics to deliver bottom- and top-line impact.
Spendscape by McKinsey is a SaaS analytics platform that gives you a comprehensive understanding of your procurement
spend—with insights that lead to better decisions, more innovation, and growth.
Backed by McKinsey’s leading deep expertise, it empowers you to shape critical procurement decisions from category strategy
and supplier relationships to carbon tracking. Our platform turns your procurement data into opportunities,
creating lasting impact not just across operations, but across the entire organization.
Our Approach
Through our unique combination of software and services, we create transparency as a foundation for analytics, bring innovative analyses for insights
based on profound McKinsey procurement expertise, and provide software modules to turn insights to impact.
Transparency
A reliable single-source-of-truth and high data quality are the foundation of impactful analytics and decision-making. Creating spend transparency is our core competence.
We have state-of-the-art ETL (Extract, Transform and Load) processes to harmonize and transform transactional and master data across data sources into a single-source-of-truth.
We cleanse, structure, and enrich data by leveraging our global Supplier Knowledge Base and Data Categorization & Data Management Engine.
In our approach, we set up a single-source-of-truth at your site once and enable you to operate our
software modules for sustained data quality on a permanent and refreshable basis.
Insights
We provide comprehensive analyses on your entire spend and combinatorial analytics with, e.g., market, index, and risk data for enhanced impact.
Our dedicated Analytics Innovation Hub constantly works on next-level analytics and ensures that current and future needs are reflected. We combine McKinsey experience with co-innovation with our clients.
Our specific Carbon & Sustainability Analytics module combines your spend with McKinsey’s Catalyst Zero offering to provide transparency on your scope-3 emissions. Catalyst Zero can also help you to embark and accelerate your decarbonization journey.
Category specific requirements are addressed through deep-dive modules, including access to McKinsey category and sourcing experts.
Impact
Through our integrated measure management and savings tracking module (WAVE by McKinsey), our solution ensures that insights turn into actions, and that reported savings can be reconciled to actual baselines.
We offer alerting and recommendation functionality to automatically monitor KPIs, trigger actions, and reduce your own workload.
Our complementary offering of insights workshops, capability building, and data-driven performance dialogues will help you maximize adoption and impact with Spendscape.
What we do
Spendscape product & service offering enables data-driven decision making and impact realization
Single
Source of Truth
Data Cleansing and Categorization
Spend and Opportunity Analytics
Extended Combinatorial Data Analytics
Carbon and Sustainability Analytics
Category
Strategy and Market Analytics
Integrated Impact Management
Managed Insights Services and Capability Building
Spendscape
Platform
Spendscape
on SAP BTP
Single source of Truth
Single Source of Truth
Fast baselining and a refreshable single source of truth across multiple source systems for data-driven decision making
Transparency is the unlock for impact
Spendscape’ single source of truth solution is the result of years of experience in data extraction, combination, and improvement. Through a direct link to the source systems, we provide the most up-to-date basis for analytics.
We combine the best of two worlds –scalable software and the latest technology in combination with the ability to create custom use cases leveraging our global team of procurement and data engineering experts.
Benefit from our modular building blocks
Our core competence is combining and improving data on a refreshable basis to enable analytics and data-driven decision-making.
Seamless integration of your ERP and solution landscape
Creating a secure, refreshable, and one-click data pipeline on line-item level across our clients’ source systems and point solutions.
Data consistency
across source systems
Harmonization of heterogenous data models, leveraging intelligent ETL process based on deep functional expertise.
Flexible
data model
Our data model is designed for adding further data to achieve combinatorial, advanced analytics.
Enriched and
cleansed data
Consolidation and categorization of data on line-item level leveraging a global supplier knowledge base and our AI-based data categorization engine.
Data Cleansing & Categorization
Data Cleansing & Categorization
Automated Machine Learning and data-driven quality assessment and
enrichment, supplier harmonization, and spend classification
Machine Learning-backed improvement of data quality and spend transparency
Data Cleansing & Categorization provides an innovative toolset to categorize spend and consolidate suppliers quickly and intelligently. By applying machine learning and our proven expertise, we automate as many steps as possible in this process.
We help you unlock insights within days instead of months by leveraging our automated and intelligent supplier consolidation and spend categorization backed by our Supplier Knowledge Base. A user-friendly front end helps you create, validate, and browse categorization and consolidation in an intuitive manner.
All in one solution for all your categorization needs
Automatically categorizes spend and consolidates client’s supplier base within hours.
Remove duplicate suppliers
from your spend base
Identify your most important suppliers and help reshape strategic partnerships with them.
Work in a cloud-based application
No time-consuming installation is required and regular updates are available for always up-to-date data.
Reduce manual
categorisation time
Through mature machine learning capabilities and a sophisticated supplier knowledge base.
Take ownership
of your data
Shine a light on categorization and create, validate, and browse categorization tasks at ease.
Spend & Opportunity Analytics
Spend & Opportunity Analytics
Turn data into impact with value-backed procurement analytics
Take control of your spend along different analytical user journeys
Spend & Opportunity Analytics provides you with insights and trigger actions for value capture, risk mitigation, and process improvement across use cases. Our procurement and analytics experts around the globe continuously innovate and co-develop with our clients to stay ahead of the curve.
Experience procurement excellence with relevant
insights and unparalleled user experience
Spendscape offers the perfect combination of advanced expertise and user-friendly design. Our cutting-edge technology and processes are tailored to meet the specific needs
of your organization, providing maximum efficiency and cost savings. At the same time, our focus on user experience ensures that procurement professionals get the most out
of the solution.
Value-driven Analytics
Underlying business questions guide the applicability of analytics.
Quantification of opportunities drives prioritization of value capture.
Focus on hidden values in data.
Modular Dashboards
Breakdown of analytics into business-relevant use cases.
Easy combination of different analytics modules to create a customized solution for specific requirements.
No dependency on a one-size-fits-all solution.
Guided Navigation
Quick identification of information and insights through top-down navigation concept.
Easy-to-understand entry points to reduce
the complexity of large and compounded
data sets.
More useful for organizations with lower
data maturity.
Design Excellence
Qualitative mapping of user needs via “Jobs-to-be-done,” an industry-standard design methodology.
Application of proven data visualization practices to ensure intuitive user experience.
Extended Combinatorial Data Analytics
Extended Combinatorial Data Analytics
Combining spend with additional data sources to solve new business challenges
Ensure impact across all dimensions
Taking the necessary steps to mitigate supply chain disruptions, ensuring alignment with the organization’s sustainability goals, and responding to market trends in time: Spendscape’ combinatorial analytics provide our clients the tools to drive action in a holistic manner.
Experience procurement excellence with relevant
insights and unparalleled user experience
Spend & Opportunity Analytics
Turn data into impact with value-backed procurement analytics
Take control of your spend along different analytical user journeys
Spend & Opportunity Analytics provides you with insights and trigger actions for value capture, risk mitigation, and process improvement across use cases. Our procurement and analytics experts around the globe continuously innovate and co-develop with our clients to stay ahead of the curve.
Experience procurement excellence with relevant
insights and unparalleled user experience
Spendscape offers the perfect combination of advanced expertise and user-friendly design. Our cutting-edge technology and processes are tailored to meet the specific needs
of your organization, providing maximum efficiency and cost savings. At the same time, our focus on user experience ensures that procurement professionals get the most out
of the solution.
Value-driven Analytics
Underlying business questions guide the applicability of analytics.
Quantification of opportunities drives prioritization of value capture.
Focus on hidden values in data.
Modular Dashboards
Breakdown of analytics into business-relevant use cases.
Easy combination of different analytics modules to create a customized solution for specific requirements.
No dependency on a one-size-fits-all solution.
Guided Navigation
Quick identification of information and insights through top-down navigation concept.
Easy-to-understand entry points to reduce
the complexity of large and compounded
data sets.
More useful for organizations with lower
data maturity.
Design Excellence
Qualitative mapping of user needs via “Jobs-to-be-done,” an industry-standard design methodology.
Application of proven data visualization practices to ensure intuitive user experience.
Carbon & Sustainability Analytics
Carbon and Sustainability Analytics
Catalyst Zero for Procurement – Scope 3 Carbon Accounting
Procurement has a crucial role in protecting our planet. Emissions are the new currency
We support you in analyzing and optimizing your emission baseline. Boost your impact beyond savings by enriching your reporting with sustainability data.
Now is the time for procurement to act. Shareholders, investors, and executives request detailed information about CO2 footprint, and it has become mandatory to provide emission information in many RfQs and supplier onboardings.
We are here to turn your daily spend reporting into a knowledge base for sustainability.
Transparency on procurement-induced emissions as basis for reporting, target commitment, and path towards decarbonization
Create full
carbon transparency
Meaningful spend-based analyses and comprehensive visibility within 2-3 weeks of receiving complete spend data.
Prebuild analytics & emission factor libraries
Proven, customizable, and multidimensional report and navigation functionalities and leverage readily available data.
Refresh
at any time
Connect to multiple source systems and refresh data for up-to-date insights.
Continuous emission
monitoring
Detailed visibility over time, allowing cuts by business units, geographies, or suppliers.
Category Strategy & Market Analytics
Category Strategy and Market Analytics
Category analytics for direct and indirect spend across levers covering demand, process, and commercial optimization
Detailed insights for direct and indirect spend optimization
Category Strategy & Market Analytics uses category-specific transactional data to determine the most impactful actions that you can take to optimize your expenditures.
The savings analysis covers category-specific commercial, demand, and process levers. The Spendscape platform runs in-depth analytics on millions of transactions and applies a set of proven, category-specific levers to identify and size savings.
Aggregate, visualize, and analyze category spend
Aggregate data from multiple sources and upload to a cloud-based platform for analysis. Your data is compared with external indices, clean sheet cost models, and
third-party benchmarks.
Create insights
at scale
Direct – Compare prices against internal and external benchmarks with Linear Performance Pricing (LPP).
Stay ahead of
volatility
Direct – Import index data and create cost archetypes to compare price fluctuations with Input Cost Monitoring (ICM).
Derive tangible spend benchmarks
Indirect – Compare spend with external indices, clean sheet cost models, and third-party benchmarks.
Get deep category
analytics
Indirect – Perform in-depth analyses and use proven levers for several indirect categories.
Integrated Impact Management
Integrated Impact Management
Collaborative and bottom-up planning, forecasting, and monitoring of initiatives. Savings reporting integrated with actual spend data for consistent tracking of plan figures against actuals
Plan, forecast, and measure the impact of savings initiatives & more
Integrated Impact Management is a project management system for savings initiatives. It allows you to identify, plan, manage, and monitor savings initiatives and anchor them in practice with the built-in link to spend data. The real-time monitoring mechanism enables an always up-to-date overview of all planned, achieved, and forecasted savings.
Its collaborative features facilitate better communication and collaboration among different teams within and outside of procurement, leading to more effective implementation and value capture. It also significantly reduces the administrative burden of generating reports and controlling. The pipeline transparency achieved allows for greater focus on value and a more proactive, strategic and savings-focused procurement function.
Planning, forecasting, and monitoring of initiatives
Proactively demonstrate value contribution
A built-in best-in-class savings guideline with tailored savings scenarios and levers to easily demonstrate procurement’s value contribution.
Get holistic controlling
capabilities
Identify opportunities, execute them and solve P&L reconciliation leveraging our spend cube and end-to-end tracking process.
Automate performance measurement
Real-time monitoring of procurement performance metrics and initiatives across the entire savings life cycle.
React in a
timely manner
Identify deviations between forecasted and achieved savings and take appropriate countermeasures in time.
Managed Insights Services & Capability Building
Managed Insights Services and Capability Building
Combining technology and services to sustainably generate impact
Workshops and training to drive analytics adoption and impact
Spendscape builds clients’ capabilities by applying a comprehensive suite of analytics methods for value capture.
Data alone is of little value, unless users understand how to generate insights from them and derive concrete improvement ideas. We offer the full continuum from being a coach on the sideline to fully operating your procurement analytics.
Ideation workshops
A collaborative workshop to generate insights and help select categories or suppliers find concrete improvement ideas, increase adoption, and create excitement.
Analytics training
A learning journey for category managers and buyers in a field-and-forum approach. Learn more about Spendscape power-user capabilities, procurement analytics capabilities, and value-capture capabilities
Insights dialogues
Regular dialogue and impact review with procurement leaders to scan the entire spend base with provenanalytics methods, jointly set priorities across categories, and focus on the largest opportunities.
Orpheous on SAP BTP
Spendscape on SAP BTP
From transparency to insights to impact with Spendscape on SAP Business Technology Platform
Together, we build a bridge between a state-of-the-art technology platform, unparalleled operations analytics, and leading-edge services
We combine the best of both worlds: seamless integration of McKinsey’s Spendscape solution suite with the SAP Business Technology Platform to open a new horizon for data and analytics-driven management. This powerful collaboration brings a real-time lens across your supply chain to enable resilience and identify and capture new value.
Leveraging the key benefits of SAP BTP to boost client impact
Spendscape/McKinsey analytics „near/real time“ embedded in SAP environment as integrated offering, enabling the best of both worlds – McKinsey and SAP
Seamless data integration
Gain a complete view across your enterprise data. SAP Data Warehouse Cloud’s rich connectivity to SAP and other sources breaks up data silos and overcomes fragmentation. The result is a single source of truth and full insights into your enterprise data.
Cloud strategy
Spendscape on SAP BTP is in sync with your cloud strategy. Relying on SAP Data Warehouse Cloud and SAP Analytics Cloud, this solution is best if you’d like to leverage benefits like flexibility, extensibility, and focus your organization on core business.
Self service Business Intelligence
Empower your business users. We provide out-of-the-box analyses but also enable you to do individual analyses as per your needs. Open up reports and data models to business users to boost adoption and create flexibility and agility.
Time to data
Accelerate data access and data modeling. Integrating new source systems and changing data models no longer take months, but only days or even less.
Orpheous Platform
Spendscape Platform
A fully scalable SaaS platform to provide software and data integration technologies
A platform that hosts a suite of software and services, enabling clients to get transparency, identify insights and drive impact
The basis of providing transparency and insights to our clients, this high-performance platform can ingest client data, transform data, enrich data from third parties and other McKinsey assets, and combine it with our unique context-based knowledge.
Grow with ease – our platform is ready to scale, supporting your business as it expands
Highly scalable
platform
Our platform is designed to handle increased traffic and data. As your needs grow, our platform will grow with you, providing the support and resources you need to take your business to the next level.
Future-proof best-in-
class technology
Have all data readily available for various analytical tools and applications.
Leverage fit-for-
purpose Business
Intelligence solutions
Create and consume reports with the embedded dashboard and reporting solutions.
High availability of
the platform
Stay up and running, all of the time, with high availability for maximum uptime.
Explore how Spendscape can support your
procurement analytics journey
We offer a comprehensive, modular, out-of-the-box solution along with the ability to create tailored analytics use cases by co-innovating
with clients. Our experts provide software solution implementation, capability building, and the consulting services required for the full adoption of Spendscape technology.
Subscription based Software as a Service
Benefit from the full power of Spendscape solutions as Software as a Service (SaaS) implementation. We offer a powerful, highly scalable, and very flexible solution for the full scope of our software offering.
Optional to the Software subscription you can access on-demand Services, e.g., Capability Building, Insights Workshops, or Category Expertise on a one-time
or regular base.
McKinsey engagement based Spendscape provision
As part of McKinsey projects, Spendscape supports McKinsey’s teams with its solutions and services. From software implementation, through to data classification and analysis, to automated calculation of key indicators/KPIs and (internal) benchmarks, as well as the identification of potential efficiency and savings.
This allows you to benefit from Spendscape independent to a subscription in a project setup, with the option to convert to a subscription based SaaS thereafter
Flexible technical deployment models
Spendscape offers different technical deployment options and integration depths, depending on your ERP and cloud analytics
strategy – with a SaaS option on Digital Backbone as "Spendscape Platform" or on Spendscape on SAP BTP
Product Information
By working with us, you will have access to
Experts
Our industry and functional experts will be on the ground where and when you need them.
Helpdesk
Our helpdesk will keep doors open and commit to addressing your concerns efficiently and effectively.
Training
We offer coaching and build capabilities for your teams to deliver sustained improvements.
Implementation
We partner with you and co-create a firm path to implementation as part of the project.