PI Data Analytics Pty Ltd

In Their Own Words: PI Data Analytics Pty Ltd

PI Data Analytics began life over 30 years ago as a price benchmarking firm – Purchasing Index. Today, PI is an Analytics-as-a-Service partner for Procurement organizations in various industries and sectors. Key among these are construction, health, government, education, food & agribusiness, and sports and entertainment venues.

As an outsourced spend analytics partner, PI provides a cost and capability advantage over setting up internal data analytics units. The latter requires dedicated resourcing, lengthy setup, and sustainment. Our services put the same resources (human and AI) at your disposal, alongside broad-based experience and solution suites, in a time- and cost-efficient engagement.

Our solutions to meet your procurement intelligence needs include, but are not limited to:

• Spend analysis
• Spend categorisation (and category spend analysis)
• Desktop opportunity analysis
• Savings project charters
• Contracts tracking
• Contract and Purchase Order compliance monitoring
• Pricing and rebates optimisation
• Spend segmentation and reporting (consultants/contractors, ESG, etc.)

Our clients access these analyses through interactive dashboards where users can drill down to item-level details and generate the insights and reporting required for strategy development and decision-making. Our dashboards empower Procurement to take a strategic role in business conversations by providing a single source of truth on historic spending as well as predictive analytics.

In addition to a data platform, our services comes with dedicated procurement data analysts that can help you dive deep in to category spend, identify potential savings and value levers, develop cost models,  compare like-for-like bids when you approach the market, and generally use what the data can tell us to solve unique business challenges.

In doing so, we function as your dedicated procurement analytics team.