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Spend reporting & analytics on your enterprise subscriptions

Next gen Reporting, Analytics, Dashboarding & Insights on your enterprise subscription spend

Are you feeling overwhelmed by urgent requests from management, other departments and third parties – such as data vendors or exchanges – for specific business spend, usage and compliance reports?

Optimize Insights – Optimize Spend‘s* BI-powered reporting & analytics hub - offers instant access to (historical) data. Customizable dashboards & visualizations unlock actionable insights, answer critical subscription management questions and provide granular reporting.

(*the best of FITS & INFOmatch combined into a best-of-breed solution with major enhancements)

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Actionable insights on spend through BI-powered dashboards

Flexible and accurate reporting on market data, research, software and enterprise subscription spend & usage to your users, the internal business, financial controllers and auditors is essential.

However, many firms are facing reporting limitations with their current spend management solutions. The reporting functionality is dated or inflexible and they have limited ability to create custom reports, leverage sophisticated analytics or unlock actionable insights.

Modern & sophisticated reporting, analysis and business intelligence dashboarding capabilities are all crucial to professionally manage and optimize your enterprise subscription spend. It allows you to deliver on cost transparency, reduce expenses, and manage risk and compliance.

"Optimize Insights provides total reporting flexibility, sophisticated analytics & actionable insights. We are now able to deliver custom enterprise spend reports both to the internal business and external parties"

Next Gen reporting & analytics - a paradigm shift

Optimize Spend offers the most comprehensive analytics and reporting offering available to market data and information services managers today.

With Optimize Insights you have the information you need at your fingertips and the ability to customize reporting to suit your needs. You no longer need to sift through large buckets of data to get answers you need or build your own analytics tools for inventory and expense data.

Instead you are delivered actionable insights through BI-powered dashboards that pinpoint opportunities to optimize spend and usage. Not only will Optimize Insights answer your burning questions. By using artificial intelligence it answers questions you may not even have thought of.

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Turn your data into action, into results

Optimize Insights let you see your subscriptions in a completely new light. You will develop an advanced understanding of your subscriptions so you can quickly identify influenceable spend and find opportunities to optimize both spend and usage – in an instant.

Through 3 key capabilities you can see the high-level picture based on the requirements of your job role before drilling into the detail. No matter what challenges you face, you can unlock insights that will maximize your subscription value across the enterprise.

1. Insights Library

A suite of visualizations and dashboards that tell a particular story or show key performance statistics

2. Dashboard Studio

Interactive drag-and-drop dashboard designer that allows you to easily create own and interrogate the data in a manner of your choosing

3. Pivot Studio

A brand new pivot table built with PowerBI technology that allows you to pull together raw data from multiple sources and manipulate it into customized analytics

Ready for more modern, flexible and sophisticated reporting & analytics?

Learn how to enhance your spend reporting & analytics.

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Optimize Spend enables you to deliver all type of reports, including:

  • Granular inventory reports: granular inventory reporting down to individual costs per user and service instance, for a single period or month-over-month
  • Spend reports: spend easily broken down by department, user, reporting line, vendor, service, platform, contract, GL account, etc
  • Trend reports: trend reporting over time, with automated analysis identifying cost drivers, with drill down into specific reasons for individual changes
  • Invoice reports: detailed invoice reconciliations and allocations
  • Budget reports: budget actuals vs forecast
  • Financial reports: keep your finance department happy with GaaP-compliant cost allocations, and detailed accrual and prepayment reporting
  • Contractual reports: proactive contract, subscription and due diligence request expiration notifications
  • Inventory reports: easily report on inventory against leavers, duplicate inventory, inventory used outside of contractual rights, usage above or below license thresholds, inventory outside of profile, and more
  • MISU reports: specialist “Multiple Installation Single User” reports for vendors and exchanges who allow you to claim credits for the same user with duplicated services
  • Cost allocations reports: detailed soft cost allocations and broker commissions and commitment reporting

Key benefits

  • Automated trend analysis that explains why costs are changing
  • Easily monitor key performance drivers, such as profit, cost, data usage, inventory, and more
  • Quickly spot potential business problems
  • Easy-to-use data visualization tools to help you identifying trends
  • Everyone within your organization receiving exactly the information they need for their roles
  • Pull together raw data from multiple sources and manipulate it into customized analytics
  • Improved transparency & significant cost savings
Contact enterprise spend management

Get in touch

Optimize Spend serves several types of organizations and supports many departments. Whether you are an international investment bank or a smaller asset manager, a hedge fund or a broker, a data vendor sourcing market data, a professional service organization or a blue-chip company — Optimize Spend enables any firm to optimize their enterprise subscription spend.