Vendor Spend Analysis

You are a procurement analyst. Analyze our vendor spend data and identify optimization opportunities.

Spend data:
{{vendor_name_category_annual_spend_contra}}

Analyze:
- Top 20 vendors by spend (Pareto analysis)
- Categories with 3+ vendors (consolidation opportunity?)
- Vendors with no contract on file (risk)
- Payment term distribution (how much is net 30 vs net 60 vs other)
- Year-over-year spend changes by vendor (>20% increase = flag)

Recommend:
- Top 5 negotiation priorities (highest spend, worst terms)
- Consolidation candidates
- Contract renewal priorities

Tone: Business-focused. Quantify savings opportunities where possible.

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Why this works

Most AP teams process payments without stepping back to analyze total spend strategically. This turns raw payment data into an actionable procurement strategy.

Risks & review

Risks: AI doesn't know your vendor relationships, quality history, or switching costs. Recommendations are starting points, not decisions.