STATXO

Drowning in Procurement Data?

Let our Procurement & Supply Chain Transformation reveal invisible insights to drive smarter spending decisions, identify savings and reduce supply chain risks.

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Propel Procurement and Supply Chain Excellence with Transformation & Optimization

Data-driven Insights

Gain foresight into spending and savings opportunities through spend forecasting, savings tracking & forecasting, tail spend analysis, and category insights.

Process Optimization

Streamline operations for cost reduction and enhanced accuracy, leveraging insights from spend analysis and category intelligence.

Sustainability Integration

Align sourcing with environmental objectives for added value, with visibility into supplier sustainability performance.

Strategic Decision-making

Optimize strategies with real-time insights, cost modeling, and supplier risk monitoring for informed decisions

Enhanced Operational Support

Streamline sourcing processes with robust assistance from AI-powered category insights and tail spend management.

of procurement leaders acknowledge their indirect spend is not well managed and that cost savings is being left behind as a result, found a recent report from Globality.

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of senior procurement decision managers emphasize the increasing importance of data in supplier negotiations, according to a recent study by Barclaycard Payments.

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of businesses lack real-time visibility into their supply chains, according to a Gartner report, making it difficult to identify and respond to disruptions effectively.

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of procurement data can be inaccurate or incomplete.

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of businesses are confident in the accuracy of their master data.

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Optimize Every Step of Your Procurement & Supply Chain

Empower your procurement with the transformative power of data, automation, and advanced generative AI.

Smart Spend Management
Collaborative Supplier Management
Optimized-Category-Management

Intelligent Spend Analytics & Forecasting

Leverage generative AI to uncover high-impact opportunities and accurately forecast spending patterns.

AI-Powered Savings Tracking & Forecasting

Monitor the impact of your cost-saving initiatives and use predictive analytics to forecast future savings.

Intelligent Tail Spend Analysis

Harness the power of AI to identify and eliminate overlooked savings in your tail spend category.

Automated Master Data Management

Ensure data accuracy and consistency across procurement with AI-powered data cleansing and classification.

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Case Study

Global Automotive Leader​

Achieved over 6% in total spend savings in the first year through improved visibility and analytics

Unified view of direct and indirect spend enabled consolidated supplier contracts and payment term optimization

Machine learning algorithms accurately forecast yearly spend and savings, facilitating data-driven decisions and tracking against goals

“Working with STATXO has been transformative for our organization. Their customized solutions provided us with real-time insights, streamlined processes, and unprecedented cost savings. We've not only met but exceeded our targets, thanks to their expertise and user-friendly dashboards. It's been a game-changer for us."

-CPO, Global Procurement

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Case Study

Industrial Automation Company​

Achieved full visibility for the first time on the company's €2B+ annual spend and enabled 12-month spend forecasting, regular savings tracking against budget, and monitoring of spend KPIs across over 70 business units.

Identified potential savings opportunities of over ~5% of the company's total spend by providing enhanced spend visibility and analysis.

Implemented comprehensive, AI-driven dashboards with over 40 different views/analyses to provide in-depth visibility into spend and savings across business units, categories, geographies, and vendors. Rolled out user-friendly global spend and savings dashboards to key procurement and finance users company wide.

"When it comes to new challenging projects, STATXO is my top recommendation. As the former Head of procurements at Ammega, I had the opportunity to work on data management, spend analytics, and procurement savings tracking alongside STATXO team. Their exceptional skills enabled us to effectively organize and enhance fragmented data, resulting in valuable insights presented through dashboards. STATXO’s commitment to meeting deadlines and delivering on promises made our collaboration on time-critical and high-exposure projects a truly professional and enjoyable experience."

- Patrick Ruhe, CPO – Ammega

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Case Study

Global Chemical Company

Developed customized, interactive visual dashboards in Tableau offering actionable insights on procuring tail materials, facilitating decision-making at various organizational levels.

Implemented end-to-end automation of data integration and visualization processes to enhance efficiency

Delivered insights and recommendations that enabled the client to achieve significant savings, including:

8-10% savings through renegotiations/reverse auctions

8-12% reduction in price differences between contracted and non-contracted suppliers

Overall savings of €60 million for the client in the first year

“Impressed by the professionalism and efficiency demonstrated by the STATXO team throughout the project. Their strategic recommendations significantly enhanced our procurement processes. The structured approach helped us to achieve savings."

-Director, Supply Chain

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