External Spend Management Solution
Staying ahead of external spend
Through smart automation consalio replaces manual reporting and analysis processes and saves time to focus on what matters most.
Reaching your goals with our solution
AI-supported analysis of service partner costs
Use our advanced AI technology to scan and analyze all your transactions. By comparing the service records with the billing guidelines, our software highlights any inconsistencies and discrepancies. This allows you to quickly identify where records do not match billing guidelines, saving you a lot of time and money.
- AI-supported invoice verification
- Legal spend analyses & optimization potential
- Implementation of billing guidelines
Full transparency of costs & services
Gain full visibility of the costs and services of your external partners, empowering you to make informed decisions. Our robust analysis and reporting platform offers valuable insights on time tracking, work in progress (WIP), and transactions versus invoices across various dimensions.
- Cost overview of professional service partners, projects and requestors
- Deviation analytics against defined values
- Increase data based comparability of your service partners
Measurable impact
Real savings without compromising project quality or results. Having full transparency on key success metrics throughout the entire project lifecycle allows corporate departments to save
- 50% of time spent on data collection, invoice analytics and approvals
- 10-15% of costs related to external spend
- stay 100% in control of your projects.
Smarter approval workflow
Be empowered and experience a stress-free billing approval process and no more to post-invoice disputes. Check for consistencies, adherence to existing billing guidelines, alignment with the scope of work, and descriptive narratives. consalio provides a solution that not only simplifies but elevates your billing approval process to new heights of efficiency and clarity.
- One database for standardised reporting across all service partners
- Visibility and traceability of purchased services before invoicing
- Simple workflows for approving services before invoicing
Pro-active budget management
Budget management becomes a strategic and proactive process with consalio. Be aware of any budget risk through early alerts for limit approachings, threshold monitoring or peak detections.
- Budget setting on various dimensions like projects, workstreams or service partners
- Receive early warnings before the budget exits the limit through pro-active alerts
