Get proactive, auto-track your savings initiatives.
With the backing of Valify centralized, automated monitoring platform and supplemental advisory capabilities, users have the tools to continuously improve their cost reduction results.
Purchased services spend is driven by non-standard units of consumption, or utilization; therefore, attentive monitoring is required to eliminate vendor over-billing, internal compliance to preferred vendors, and expense misclassification.
- Data Quality Alerts
Get notified when an incorrect GL is used or when an invoice is missing a purchase order. Timely alerts allow for deeper visibility and for immediate action.
- Unapproved Spend Alerts
Get notified if spend spikes higher than expected for a specific category or when an unapproved vendor is utilized. Auto-monitoring unapproved spend keeps your savings initiatives on track.
- Course Correct
Quickly and easily identify the exact facility and department that triggered the alert and take necessary steps to resolve the root cause of each discrepancy.
- Track & Monitor
Track annual goals and monthly progress from a user-friendly dashboard. Easily report on captured savings, preferred vendor conversion progress, and more.
How Does it Work?
Watch Our Demo Video.