1. Duane Tucker Jonathan White Director of Strategic Procurement Director of Sales University of Colorado Spikes Cavell

2.  About CU  What is Spend Analytics?  Data  Why Do We Use A Spend Analytics Tool?  Why Spikes Cavell?  How We Use Spend Analytics  Spikes Cavell Service  Demo  Current and Future Opportunities  Q & A / Discussion  Takeaways

3. 58,000 Students $6B Economic Impact Third Largest Employer $3.2B Budget $923M Spend

4. Spend analysis is the process of collecting, cleansing, classifying and analyzing expenditure data with the purpose of reducing procurement costs, improving efficiency and monitoring compliance. (Wikipedia)  What are we really spending?  With whom are we spending it?  Are we getting what’s been promised for that spend?

5. AP Data Procurement Card

6.  Support Strategic Programs Transition from transactional to strategic Sourcing E-procurement Platform Supplier Relationship Management

7.  Cleanse and normalize data  De-duplicate data  Collaboration  Categorize data

8.  Relationship with NAEP and E&I  Focus on Higher Ed / Public Sector  Web-based tool  Customization  Data Transformation  Product development roadmap

9.  Strategic Sourcing Targets  Rogue Spend  Benchmarking  Department Spend Reporting

14. Ideal State Solve our problem of poor quality spend data without a lot of time and effort required by us. Make it easy to identify opportunities to save money, become more efficient and increase compliance. Have reliable spend data to make strategic sourcing possible.

15. & More Create a central register of your contracts. Match spend to contracts to identify maverick expenditure. Compare your spend with other organizations like yours. Provide local, small, and minority business spend reporting. Record and report the savings you deliver.

16. Collect – aggregate sources Cleanse – Data Fitness Check Classify – automatic and manual Enrich – add extra vendor info Redact – obscure people’s names Collate – merge with other datasets Report – Observatory access Support – training and guidance provided

18.  Current Opportunities Savings Tool Contract Repository Categorization Update High Level Comparisons With Other Agencies

19.  Future Opportunities Enhanced Quarterly Reporting Local Categorization Line Level Categorization Detailed Sharing With Other Agencies Other Department Stakeholders Category Management

22. Jonathan White Director of Sales - US, Spikes Cavell 571-313-5257 ext. 102 jonathan.white@spikescavell.com Duane Tucker, CPPB Director of Strategic Procurement University of Colorado (303) 764-3453 duane.tucker@cu.edu