Understanding Payable Analysis
With this Payables Analysis Solution, you can keep tight cash outflow control while maintaining strong vendor relationships, manage liquidity position effectively, evaluate and improve vendor relationships from an Accounts Payable perspective and evaluate functional transaction volumes and the impact on AP performance.
In business, cash flow is king. Other than offering a historic visualization of payments by groups, vendors and currency, our solution indicates the overdue amounts by aging groups, vendors and currencies. Manage your cash flow better by gaining rapid insights into your accounts payable.
Our Payables Analysis Solution Demonstration has been designed to answer questions such as:
- How can we efficiently control current liabilities and calibrate cash management?
- What substantial part of payments are overdue?
- What is their composition by age (bucket analysis) and who are the Top 10 vendors in each age category?
- Who are the Top 5 Vendor’s by spend? Can we maximize cash flow by renegotiating their terms of payments?
- What % of my purchases are on credit?
The Data Bear team has the experience and skills to help you gain the insights you need to manage your organisation’s payables effectively. We use our multidisciplinary team to model your data with the intention of transforming your raw organisational data into an interactive compelling data story that allows for smart decision making. We design your reports to ensure you have the flexibility to obtain a 360 degree view of your business and ask specific questions of your data. Our team will work closely with your organisation to design and develop reports and dashboards to fit your unique situation and organisational challenges.