Insights Pro

This selection of videos will guide you through the key dashboards of Basware Insights. Please note that the different offerings grant access to different dashboards. We will be adding more videos as we go forward.

Insights Pro Dashboards

To bring you deeper insights down to every touch in your AP process. This content gives you an initial idea of some of the dashboards that are included in the Pro. The purpose is to introduce the dashboard themes.

General tutorial

This general tutorial will provide you an overview of the common functionalities in insights dashboards.

 

CFO cockpit (Touchless Invoice Processing)

The CFO cockpit is the touchless invoice processing dashboard. It provides a strategic snapshot of key performance indicators relevant to accounts payable and procurement. The first sheet covers the main financial KPIs and their time evolution and the second one zooms into invoice groupings relevant to the KPIs.

 

Invoice origin discovery

Invoice origin discovery offers an in-depth analysis of the invoice receiving channels. In addition considering the total volumes, it identifies which suppliers are effectively using the preferred channels and highlights those that may need further attention. You'll get insights on invoice origin like what is the proportion of e-invoices or smart invoices and on supplier level as well.

 

Supplier performance overview

Supplier performance overview provides a comprehensive analysis of supplier performance relative to accounts payable KPIs. Users can access detailed outcomes for any supplier, measured by a selected metric.

 

Invoice processing time discovery

The dashboard provides an overview of the invoice processing workflow, focusing specifically on time utilization. The first sheet analyzes invoice lead times, while the second sheet examines task cycle times. The main objective is to help you identify the bottlenecks that cause the majority of delays.

 

Tip discovery

The dashboard offers a detailed analysis of touchless invoice processing, aiming to identify and eliminate manual work bottlenecks. It includes five sheets: an overview of key performance indicators, process flow analysis, supplier performance, team workload assessment, and a process simulator. Each sheet features charts and a control panel for configuring parameters and filters.

 

Purchase data discovery

The Purchase data discovery dashboard offers a comprehensive way to explore and analyze purchase data from multiple perspectives. Unlike other purchase dashboards, it grants you greater flexibility regarding the data fields used in the charts.This interactive platform enables you to analyze purchasing trends, monitor order statuses, and assess processing times.

 

Purchase overview

The Purchase Overview dashboard provides key performance indicators related to invoices, along with analytics on task cycle times. Its primary goal is to help identify bottlenecks that contribute most to delays in the invoice processing workflow.

 

Purchase process discovery

The Purchase process discovery dashboard offers an in-depth performance analysis of purchase processes. The first sheet presents a summary of key figures at the order and requisition levels. The second sheet delves into the specifics of order line details, particularly from the lead time perspective.

 

Open spend discovery

The Open Spend Dashboard gives AP clerks real-time visibility into upcoming payments, cash needs, and forecasts. It breaks down open spend plans, requisitions, orders, and invoices. It helps AP, treasury, and cash payment teams track due dates, assess late payment risks, and review spend details across invoice processing stages and plans. The dashboard includes 4 sheets in total.

 

Benchmarking

Benchmarking KPI Dashboards enable you to compare your organization’s AP automation and procurement processes against industry standards or peers. It helps optimize purchasing and payment workflows, improve efficiency, and adopt best practices for competitive advantage. By doing so, organizations can evaluate the effectiveness of the AP automation and procurement operations and identify areas for improvement.