Transparency and knowledge are the most reliable currency.
That’s why the office of finance depends on Scout.
Imagine if you could easily bridge the gap between sourcing and finance. With a transparent real-time view into sourcing plans, activities, and analytics, finance can forecast without looking in the rear view mirror. Enhanced visibility also makes it easy to adjust any spend levers and better execute on strategy.
Using Scout, sourcing can… Integrate sourcing and budget information, such as spend analytics or contract information, more closely with financial planning and analysis processes.
And as a result, the office of finance can… Marry analytics on historical spending with directionally useful information on current and planned expenditures. 78% of Scout customers see up to 4-7% increase in spend under management.
Using Scout, sourcing can… Provide complete visibility into how projects will be funded, execution terms, and data points on expected cost streams.
And as a result, the office of finance can… Avoid financial surprises, maintain control, and create a clear FP&A roadmap. 90.2% of customers see a benefit to the company’s overall cash position.
Using Scout, sourcing can… Hit total spend financial targets and measure the overall effectiveness of sourcing efforts.
And as a result, the office of finance can… Realize better business outcomes and hit strategic financial targets. 97% of customers see 10x+ ROI within the first year of using Scout.
See how we can help your business. Schedule a demo of Scout today.