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Services Data Update

What is a services data update?

A services data update is designed to improve the quality of all service-related data within your ERP system. Using regular updates and checks, Vueterra ensures your systems use the most up-to-date service information, ensuring your decisions are based on current, detailed data insights. With improved services data quality, businesses can find ways to improve operational efficiency, reduce expenditure and access the best-value services that align with their needs. Vueterra’s services data update enhances procurement by refreshing and optimising all related data. This includes assessing data health, collecting updated service provider information, and developing a procurement strategy based on accurate data.

These updates address SAP supplier data issues, improve services governance, enhance system automation, and can assist in reducing spend, leading to better overall operational performance and much lower manual effort.

Build governance, streamline service spend, and gain control over your costs. The Services Data Update service synchronises data with your service providers, enhancing your financial control.

Here's How The Process Looks Like

01
Diagnose
Discover data gaps, inconsistencies, and inefficiencies that may hold back your operations and impact your business's valuable time and resources. A group of suppliers are nominated for update i.e. top 80%
02
Collection
Rates categories are provided to suppliers and alternative suppliers to gather up-to-date service information. We meticulously analyse and prepare the results, showcasing the actual data gaps that emerge from this collected data.
03
Strategy
Decide on future procurement strategies based on the returned data. Preferred suppliers of services, rates, and classification of future services. These decisions are reflected exactly in the data upload and assist with the system automating procurement via pricing agreements.
04
Upload
The data is formatted and loaded to SAP using our suite of prebuilt LSMWs and the mass updates in SAP.
05
Optimse
Change and training is rolled out to your team to maintain your new automation and services procedure. A range of reporting options can now be called upon to monitor and reduce services spend.

"Did you know that up to 75% of spend is spent on services and 80% of the time cannot be monitored and improved?"