There are countless ways to view the spend data; as an example, we take the influence of your expenses.
During the setup of your VendorLink environment, it has been determined per commodity whether the Spend is influenceable or unaffectable.
In the ABC Analysis we can see how much of the expenditure can or cannot be influenced. In the example below you see that in 2020 €11,605,869.73 of the total €30,000,277.30 is considered to be influenceable.
You also see that there are €785,535.26 in expenses that do not belong to any commodity. If expenses are marked as 'no commodity', this means that not all vendors are linked to a commodity or cost type. The follow-up action for this is as follows:
Linking your commodities/cost types
- Navigate to Admin > Spend settings > Data aggregation > Connect commodities.
- Depending on the chosen matching method, you can look under one of the two headings below:
- Connect cost types
- Connect vendors
- Make sure everything is linked. Do this in the manner explained in Lesson 6A or Lesson 6B, depending on the chosen matching method.
- The changes you make to the links will be visible during the next spend processing. The frequency of the processing depends on the settings of your environment. This can be daily, but also monthly.