Opinions
»It is very important for us to be sure that we use our purchasing resources in the best possible and most optimal way«

-Randi Birkeland
Head of Procurement, Hydro Aluminium
Benefits
Increased compliance with strategic procurement contracts
Eliminating of maverick spend
Financial transparency and accountability and financial approval for all spend
Quick and comprehensive search of products and alternative choices
Shorter order and delivery time through procurement process automation and controlled requisition approval
Rapid return on investment
Enabling staff to concentrate on their prime function
PROCURE-TO-PAY

IBX Statistics

IBX Statistics is a web-based analysing tool provided as a service to IBX trading partners. IBX Statistics captures all business transactions and presents the data as interactive reports accessible on the marketplace.

The presented information is structured around buyers, sellers and product groups, which enables the user to filter and categorise the information according to specific needs. IBX Statistics can also be used as an early-warning system, producing reports on specific business events.

Reports are available in standard and extended formats. The standard version is based on regular purchasing statistics for sales and invoicing, while the extended report comprises data based on specific attributes and key figures. Data extracted from IBX Statistics can also be exported to other tools for further processing and analysing.

All statistics are managed according to strict rules of confidentiality and included trading partners are restricted to data generated from their own transactions. IBX Statistics can be continuously developed to meet emerging needs.