Spend Assessment & Savings Roadmap
Transform fragmented spend data into a prioritized, executive-ready roadmap for real savings, efficiency, and risk reduction.
For many organizations, capital and operational expenses are spread across systems, business units, and locations. While spend data exists, it is often fragmented, inconsistent, and difficult to translate into decisions leadership can confidently act on.
Most organizations can extract spend reports. But real value comes from applying experienced procurement judgment to transform disconnected data into clean categorization, validated opportunities, and a prioritized roadmap that reflects what will actually deliver financial impact.
More than a Report
Our Procurement Opportunity Spend Assessment is a consultant-led engagement where senior procurement professionals apply judgment, market knowledge, and real-world sourcing experience to turn spend data into prioritized, executable actions.
You receive a clear, defensible understanding of where money is being lost, where suppliers and contracts can be optimized, and which initiatives will deliver the greatest financial and operational impact.
What's Included
Your assessment is led by experienced procurement professionals who combine data analysis with real-world sourcing expertise — delivering an executive-ready dashboard and action plan designed to support real decisions, not just reporting.
This is not a generic benchmark or automated output. Every insight is reviewed, validated, and prioritized by senior consultants who understand how savings are actually achieved.
Data Consolidation & Cleansing
A single, trusted view of your spend
We consolidate and validate spend data across all relevant systems, including ERP, e-Procurement, PO, T&E, P-Card, and contract sources.
You receive:
- A unified spend dataset across systems and entities
- Supplier normalization to eliminate duplication
- Cleansed, validated data to support reliable analysis
Meaningful Classification & Categorization
Spend organized the way your business actually buys
We apply a structured category framework and tailored taxonomies — supported by procurement judgment to align spend categories with how your organization actually sources, contracts, and manages suppliers.
You receive:
- Accurate, decision-ready category structures
- Consistent classification across suppliers and systems
- The ability to analyze spend by category, supplier, business unit, and geography
- Category views aligned to sourcing strategy — not just generic reporting structures
Analysis, Benchmarking & Pattern Identification
Where inefficiencies and opportunities surface
We analyze your spend to uncover:
- Spend patterns, anomalies, and fragmentation
- Supplier redundancies and concentration risks
- Cost-saving opportunities and sourcing candidates
- Areas of potential compliance or operational risk
- Benchmark comparisons to market norms (where applicable)
Actionable Recommendations & Prioritized Roadmap
From insight to execution
You receive a consultant-validated, prioritized action plan that may include:
- Supplier consolidation targets
- Contract renegotiation opportunities
- RFP and sourcing wave planning
- Quick wins vs. longer-term initiatives
- Key risks and mitigation actions
Each recommendation is grounded in real sourcing, contract, and supplier negotiation experience — not generic benchmarks.
And we can execute it for you. Many organizations engage us to lead the sourcing initiatives, contract negotiations, and supplier consolidation identified in the assessment — ensuring opportunities translate into realized savings.
Executive Spend Analytics Dashboard
Ongoing visibility to support leadership decisions
Your assessment is supported by an executive-level spend analytics dashboard — but the value comes from how our consultants interpret and apply the data to guide decisions.
The dashboard provides leadership with ongoing visibility into:
- Overall spend performance and trends
- % of spend under management
- Category and business unit spend patterns
- Contracted vs. non-contracted spend
- Progress against prioritized initiatives
These views are tailored based on your objectives and data sources — and are designed to support executive discussions, prioritization, and follow-through.
Who This Assessment Is Designed For
This engagement is ideal for organizations that:
- Don't have a dedicated procurement team
- Have spend data but lack procurement expertise to act on it
- Suspect savings are being missed due to fragmented suppliers and contracts
- Want an independent, expert view — not another system to manage
- Need executive-level prioritization and decision support
From Assessment to Results
One mid-sized organization engaged us to assess $300M in indirect spend across 6,000+ suppliers. Here's how we turned fragmented data into measurable impact:
Questions Leadership Needs Answered
A Procurement Opportunity Spend Assessment helps you answer:
- What is our year-over-year spend by cost center, entity, or business unit — and how can we use this to strengthen our negotiating position?
- Which spend categories represent our largest, most realistic opportunities for savings and efficiency?
- Which suppliers are truly strategic — and which should be prioritized for consolidation or renegotiation?
- How much spend is with preferred suppliers versus unmanaged or underperforming suppliers?
- What percentage of spend is under contract — and where is contract leakage driving unnecessary cost?
Procurement Opportunity Spend Assessment – FAQs
Is this a software tool or platform?
This is a consultant-led engagement. While we use analytics to support the work, your assessment is driven by senior procurement professionals who apply judgment, sourcing experience, and contract expertise to interpret the data and prioritize actions.
The value comes from expert analysis and prioritization — not from a standalone tool or automated report.
Do we need a spend analytics tool or new software for this assessment?
Many organizations already own spend analytics tools — but tools alone don't prioritize, validate, or execute savings. This assessment is designed for organizations that want expert procurement leadership — not another platform to manage.
The value comes from senior consultants applying judgment, market knowledge, and sourcing experience — not from adding new technology.
We already have spend reports or analytics. How is this different?
Most organizations can produce spend reports. What's often missing is experienced procurement leadership to:
- Validate where savings are truly achievable
- Identify contract leakage and supplier optimization opportunities
- Prioritize initiatives based on impact and feasibility
- Translate data into a roadmap leadership can execute
This assessment focuses on turning visibility into real, prioritized action.
Who typically leads and performs the assessment?
Your assessment is led by senior procurement consultants with hands-on experience in sourcing, supplier negotiations, and procurement transformation.
This is not junior analyst work or an outsourced data exercise. Every insight and recommendation is reviewed, validated, and prioritized by experienced practitioners.
How long does a Procurement Opportunity Spend Assessment take?
Timelines vary based on data availability and organizational complexity, but most assessments are completed within a few weeks.
The focus is on delivering timely, decision-ready insight — not creating a months-long analysis exercise.
What data do you need from us?
We typically work with data from systems such as:
- ERP and financial systems
- e-Procurement and PO systems
- T&E and P-Card data
- Contract and supplier master data
We guide your team through what's needed and handle consolidation, cleansing, and validation as part of the engagement.
Will we get a dashboard or just a report?
You will receive an executive-level spend analytics dashboard to support ongoing visibility. However, the dashboard is a support tool — not the deliverable.
The primary outcome is a prioritized, consultant-validated roadmap that leadership can act on to drive savings, supplier optimization, and governance improvements.
Do you help implement the recommendations?
Yes — many clients engage Wolfe Procurement to support execution after the assessment.
This may include sourcing events, supplier negotiations, contract optimization, governance improvements, and ongoing advisory support to ensure opportunities translate into realized savings.
What types of savings or opportunities are typically identified?
While results vary by organization, assessments often uncover:
- Supplier consolidation opportunities
- Contract renegotiation and pricing discrepancies
- Fragmented or unmanaged spend
- Categories suitable for strategic sourcing
- Governance gaps that drive long-term cost creep
The focus is on identifying realistic, executable opportunities — not theoretical savings.
Is this suitable if we don't have a dedicated procurement team?
Yes — in fact, this assessment is especially valuable for organizations without a dedicated procurement function.
It provides independent, expert insight and prioritization so leadership can make informed decisions without needing in-house procurement resources.
How is this different from a generic benchmark study?
Generic benchmarks show how you compare to averages. This assessment focuses on your suppliers, your contracts, and your spend patterns.
Recommendations are based on your actual environment and validated by experienced consultants — not based on high-level industry averages alone.
What happens after the assessment is complete?
You receive:
- A clear, prioritized roadmap
- Executive-ready insights for leadership
- Ongoing visibility through the dashboard
From there, many organizations choose to move directly into execution — with Wolfe Procurement supporting sourcing, negotiations, and governance improvements to turn insight into results.
Procurement Insights
Ready to Turn Fragmented Spend Data into Real, Executable Savings?
Our Procurement Opportunity Spend Assessment uncovers where your organization is losing money and provides a prioritized roadmap to capture those savings. Most assessments identify 10-25% in savings opportunities and are completed within weeks.
Andrew Wolfe
Founder & CEO | Wolfe Procurement