Appian Procurement Analytics

Overview

The solution leverages Appian’s deep expertise developing modern acquisition solutions and seamlessly integrates with Appian Award Management, a key component of the Appian Government Acquisition suite.

Analyzing procurement data can provide valuable insights into supplier performance, market trends, cost structures, and risk factors—enabling agencies to negotiate better contracts, enhance supplier relationships, and improve overall operational efficiency to better deliver on their mission.

However, agencies struggle to extract this key information due to current reliance on rely on multiple spreadsheets on business intelligence tools that require extensive setup and knowledge, it’s difficult to extract meaningful information.

These inefficient, highly manual methods make maintaining key data difficult and don’t provide adequate visibility into contract data, status, and workload.

Key Features & Functionality

Appian Procurement Analytics provides contracting officers and specialists with:

• Configurable dashboards showing goals, budgets, and key performance indicators like socioeconomic vendor participation, unliquidated funds, and procurement cycle time.
• Visibility into key spending metrics.
• Easy-to-access, predefined, mission-critical reports, such as Unliquidated Obligations (ULO) and NAICS Summary reports.
• Complete list of contracts, obligation amounts, contract periods, and departments to help more easily break down contracts for deeper investigation

Benefits & Business Impact

• Improve visibility and reporting - The Appian Procurement Analytics application simplifies spend analysis by presenting contracting teams with key metrics, which are automatically captured during the award or contract management process.
• Make data-driven decisions to optimize procurement. Appian Procurement Analytics uses Appian’s data fabric to access data anywhere in your organization and unify it in a single, intuitive view. In the app, you can easily see spend data and breakdowns and set up and maintain goals and budgets.