Fact-based insights for smarter spend decisions and stronger supplier management
See more. Spend smarter. PwC’s Spend Analysis.
Unlocking savings with AI-powered transparency
For many organisations, spend data is fragmented, inconsistent, and difficult to interpret. As a result, long-term vendor pricing often goes unchallenged, economies of scale are left untapped, supplier dependencies create risks, and savings remain invisible. Finance teams are left with partial visibility and lack the insights needed to drive fact-based decisions.
PwC’s AI-driven Spend Analysis tool tackles these gaps. By combining intelligent data processing, advanced analytics, and intuitive dashboards, it transforms raw spend data into actionable insights. The result: greater transparency, sharper supplier analysis, quantified savings opportunities, and a stronger foundation for strategic decision-making.
Introducing PwC’s Spend Analysis tool
Spend Analysis is a comprehensive, AI-powered solution built on three pillars.
The first is intelligent data processing, where AI-driven cleansing and classification based on global taxonomies such as UNSPSC (United Nations Standard Products and Services Code) ensures accuracy and consistency, turning messy inputs into a reliable foundation for analysis.
The second is AI-driven matchmaking, which uses advanced algorithms to uncover recurring patterns, highlight vendor dependencies, and reveal scale opportunities that would otherwise remain hidden.
The third is informed decision-making, delivered through intuitive dashboards that present fact-based insights, spotlight trends and inefficiencies, and allow finance and procurement teams to drill down, quantify impact, and track results over time.
In short, PwC’s Spend Analysis tool takes you from ingest, cleanse, classify, and analyse to act – seamlessly.
Our Spend Analysis solution turns messy, inconsistent data into fact-based insights that drive smarter vendor negotiations and measurable impact.
Peter KepplerDirector Finance Transformation, PwC SwitzerlandOur services
PwC’s Spend Analysis offering covers the entire journey from raw data to strategic decision-making.
Assessment and data readiness
We start by reviewing your current spend data and classification processes. Using optical character recognition (OCR) and robotic process automation (RPA), we capture, structure, and quality-check inputs – even handwritten, scanned, or image-based documents – creating a reliable foundation.
AI-driven cleansing and classification
Our AI engine applies standardised taxonomies to deliver precise categorisation of spend. This ensures consistency across vendors, regions, and business units.
Advanced analytics and insights
Generative AI uncovers trends, inefficiencies, and optimisation opportunities. From vendor pricing and economies of scale to supplier dependency risks, insights are presented in interactive dashboards that allow drill-down and impact tracking.
Continuous learning and optimisation
Machine learning continuously uncovers new patterns and opportunities. An integrated impact assessment quantifies potential savings – including tail spend optimisation – and supports fact-based business cases for change.
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How Spend Analysis drives value for your business
PwC’s Spend Analysis tool delivers tangible benefits:
- Stronger visibility into total spend across vendors, categories, and regions
- More accurate supplier analysis with insights beyond human capability
- Clear identification of savings opportunities and optimisation levers
- Quantified economic impact of procurement decisions
- Reduced supplier risk by spotting dependency patterns early
- Ability to integrate local content requirements where relevant
Together, these outcomes enable procurement and finance teams to move from reactive spend tracking to proactive, strategic spend management.
Why PwC for Spend Analysis?
PwC combines deep procurement and finance expertise with proven capabilities in AI, automation, and advanced analytics. Our proprietary Spend Analysis tool has been developed and refined in collaboration with clients across industries, delivering measurable savings and sharper supplier management.
What sets PwC apart is our ability to go beyond the tool. We connect data cleansing, taxonomy expertise, and advanced analytics with procurement strategy and governance. With PwC, Spend Analysis becomes more than reporting – it becomes a driver of cost optimisation, risk management, and long-term resilience.
Ready to see more and spend smarter?
Contact us to explore how PwC’s Spend Analysis can give you the transparency, insights, and impact needed to optimise spend and strengthen supplier management.
Our PwC expert
Peter Keppler