Vendors & Suppliers

Apptio’s Vendors & Suppliers solution provides IT finance leaders with visibility into the entirety of their external technology spend. It combines contract, purchase order, accounts payable, and invoice data into a single system so IT finance leaders can understand each contract’s business value, recommend adjustment or cancellation of contracts prior to renewal, reallocate unused and open purchase orders, and optimize contracts with managed service providers (MSPs).

Vendor Insight Hero

Apptio Vendor Insights

Apptio Vendor Insights provides a centralized, integrated view of spend across the technology vendor portfolio to ensure optimal alignment of external spend to the IT strategy.

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“We were able to realize immediate benefits, reducing the workload of our supplier management team and making vendor spend and details more readily accessible, without needing to involve our finance or procurement teams. We’ve uncovered cost savings opportunities in a very short time.”

Sasha Dunford
Sr. Manager
Nationwide Building Society

Value for Key Stakeholders

Apptio’s Vendors & Suppliers solutions provide IT finance leaders with visibility into the entirety of their external technology spend.

IT Finance

Reduce and eliminate unnecessary or duplicative vendor agreements; reallocate open, unused POs and drive spend accountability; and automate reconciliation of resource-unit based invoices.

Application Owners

Terminate contracts that support applications nearing end-of-life, ensure contracts that support critical applications are extended, and consolidate contracts across the application portfolio.

Vendor Manager

Eliminate redundant vendors providing similar services, consolidate multiple contracts for volume discounts, and renegotiate optimal pricing based on actual resource utilization.

How Does Apptio Compare to Alternatives?

Spread­sheets VMS Tools Apptio
Ingest PO, contract, and invoice data
ML-driven data mapping
Self-service analytics
Pre-defined reports & KPIs
Standard IT cost allocation model

Additional Resources

5 Reasons IT Needs Apptio Vendor Insights thumb

5 Reasons IT Needs Apptio Vendor Insights

The Ultimate Cheat Sheet for Real Time Vendor Portfolio Optimization thumb

The Ultimate Cheat Sheet for Real-Time Vendor Portfolio Optimization

How to Forecast Vendor Spend thumb

How to Forecast Vendor Spend