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Vendor Analysis

The data model includes measures for Average Days to Pay, Average Days Over Due, Days Before Due, and Balance Due, enhancing analysis of vendor payment behavior and financial obligations. Views such as Vendor Analysis, Vendor Spend, Vendor Scorecard, Vendor Segmentation, and Vendor Performance Trend provide holistic insights into vendor performance, expenditures, performance evaluation, segmentation, and trends for informed decision-making and strategic planning.

Benefits of This Data Model​

  • Enhanced Vendor Payment Analysis: The data model allows for in-depth analysis of vendor payment behaviors through measures such as Average Days to Pay, Average Days Over Due, and Days Before Due, providing valuable insights for optimizing payment processes and financial management.
  • Improved Vendor Performance Evaluation: With views like Vendor Scorecard and Vendor Performance Trend, businesses can evaluate vendor performance based on key indicators and track performance trends over time, enabling better decision-making and vendor relationship management.
  • Cost Optimization Opportunities: By utilizing the Vendor Spend view, organizations can gain detailed insights into vendor expenditures, enabling cost analysis and budget optimization to drive operational efficiency and financial savings.
  • Strategic Vendor Segmentation: The Vendor Segmentation view categorizes vendors into specific groups, facilitating targeted analysis and strategic planning for vendor management, procurement strategies, and negotiation approaches.

Key Performance Indicators (KPIs)​

  • Average Days to Pay: This measure calculates the average number of days it takes for a vendor to pay their invoices.
  • Average Days Over Due: This measure calculates the average number of days invoices are overdue before payment is made by the vendor.
  • Days Before Due: This measure calculates the number of days before the invoice payment due date.
  • Balance Due: This measure represents the total outstanding amount owed to vendors.

Available visualizations​

View NameDescription
Vendor AnalysisProvides overall insights on vendor performance and contributions to the business.
Vendor SpendDisplays detailed information on vendor expenditures, helping with cost analysis and budgeting.
Vendor ScorecardEvaluates vendor performance based on predefined key performance indicators, facilitating decision-making.
Vendor SegmentationCategorizes vendors into specific groups for targeted analysis and strategic planning.
Vendor Performance TrendShows trends in vendor performance over time, aiding in forecasting and performance monitoring.