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Based on the vendor rating results, supplier performance can be adjusted in good time and you can, for example, decide to enter into a contract with a different supplier.  In order to better monitor supplier compliance with contractual agreements, procurement departments use vendor rating.  In this blog you can read what spend analysis is, what objectives a spend analysis might have, what data you analyse, and what the results of a spend analysis are, and we give a number of practical examples.  Vendor rating is the process whereby organisations evaluate their suppliers’ performance, such as reliability of delivery, price reliability, and communication.  cette application’s Spend Analysis offers organisations the possibility to do more with the spend data.  However, few organisations analyse their data in order to subsequently optimise procurement performance or make savings.  can be retrieved from ERP systems, the spend analysis or contract management software.  That’s why most organisations have solutions or software to give them an overview of procurement spending (e.g. in an ERP system of Excel spreadsheet).  When you start with vendor rating, you are going to evaluate suppliers in terms of various indicators.  For example, a supplier can be evaluated according to quantitative and qualitative indicators.  This information tells you something about how well the supplier is fulfilling his agreements.  Every organisation wants it: insight into procurement expenses and, where possible, to cut costs.  Information about price agreements, contracts, etc.