Datanovel reveals suppliers that are related to each other which allows you to better consolidate suppliers, spend, categories, seek strategic partnership and trigger innovation.
Investigated types of relationship:
- through a parent who is also a supplier
- through a parent who is not a supplier (can be a person or legal entity)
- sharing the same payment details (factoring is excluded)
- in the same VAT group.
More on increasing purchasing power:
Testing existing consolidated spend report against Datanovel findings allows underlining purchasing power that has not yet been utilised.