Procurement IQ

Vendor spend analytics, purchase order performance, supplier reliability scoring, and purchase price variance — consolidated across all ERP systems.

What Procurement IQ covers

Procurement IQ consolidates purchase order data from all connected ERP systems and enriches it with Master Supplier records from the Enrich area. This gives you cross-ERP visibility into where you're spending, which vendors are performing, and where you're paying more than target price.

Key metrics

• Spend — total invoiced purchase amount by vendor, category, or period.
• Purchase Price Variance (PPV) — difference between actual purchase price and standard cost.
• Vendor Lead Time — average days between PO date and receipt date by supplier.
• Vendor On-Time % — percent of PO lines received on or before promised date.
• PO Fill Rate — percent of ordered quantity actually received on the first delivery.
• AP Invoice Lines — line-level view of accounts payable activity for reconciliation.