In this video, we’ll show how Raindrop turns data into intelligence, helping organizations uncover savings opportunities, measure performance, and drive strategic impact with confidence. Raindrop’s Spend & Performance Analytics brings AI-native clarity to procurement and finance teams with real-time dashboards, actionable insights, and automated spend categorization. See spend patterns, supplier performance, and compliance trends with intuitive visuals that empower smarter decisions across sourcing, contracting, and budgeting.
Video Transcript
Let’s take a look at analytics.
In this case, I have spend intelligence that tells me how much money I’m spending. Invoice intelligence tells me what I’m getting invoiced for, how long it’s taking to turn those invoices around, what commodities I’m purchasing, and which suppliers and locations are involved — across different ERP systems. That’s very valuable information.
Onboarding intelligence tells me how long it takes to complete onboarding, where things are sitting right now, who’s holding them, and how long they’ve been there. Contract intelligence tells me about my contractual footprint — by supplier, by commodity, who the internal stakeholders are that own those contracts, when contracts expire, how many contracts I’ve executed, whether they’re renewing, and the dollar value of those contracts.
Supplier intelligence shows me things like how much money I’m spending with a particular supplier, whether they’re a minority supplier, how many scorecards I’ve completed, whether we’re doing QBRs, how they’re performing in those QBRs, whether this is a good supplier, and overall performance trends.
Let’s take a look at spend intelligence.
This is a connection into your ERP systems — plural. If you have multiple ERP systems, this provides a single source of truth. You can also bring in P-card data or T&E card information. The point is that you have a wide range of data points all brought together in a centralized environment to deliver actionable intelligence.
For example, a finance team may want to run an accruals report. They can instantly see what’s unpaid, and everything updates in real time. I can clear filters easily, and here I see 3,400 suppliers with $3.6 billion in spend.
If you’re interested in different currencies, no problem. You can change the document currency with a single click and view the data in multiple currencies as needed.
There are millions of line items in this dataset over the selected period. You can see how money is being spent across all suppliers. If I hover over a supplier, I see the dollar amount and a long tail view, allowing me to quickly understand spend distribution.
Let’s say I want to look at the last quarter. I select Q3, and you immediately see updates in the data.
We can view spend across different data dimensions. For this demo company, Great Products, we’re interested in things like channel, location, function, accounts, commodity types, brand, and legal entities.
Let’s look at commodities. Maybe I’m looking for furniture, and I want to see furniture spend tied to e-commerce sales. Instantly, the data updates.
Now I can drill all the way down to unpaid invoices. I’ll click on one invoice and see a three-line-item invoice — one line item for tax and two for product — in British pounds.
I can also view spend trends. Here I’m comparing the first six months to the latter six months, creating a trailing twelve-month view. I can see spend is up 3%. That may prompt a conversation with procurement, finance, or facilities to confirm whether that increase was expected.
The key point is that we went from 3,400 suppliers and $3.6 billion in spend down to one supplier, with a four-line-item invoice totaling $137,000 — in just a few clicks.
That’s moving beyond raw data to truly actionable, rapid intelligence.
Let’s clear those filters.
One of the last things we’ll show today is contract intelligence. This environment shows all of your contractual obligations. These visualizations pull directly from the contract lifecycle management module.
In this demo, I have 210 contracts. I can see when contracts were signed, and by hovering over a month, I can view the total count or total value of contracts signed during that time.
I can also view contracts by supplier. Hovering over a supplier shows all associated contracts, again with a long-tail view to quickly understand total contract value.
Scrolling down, I can see additional data dimensions. For example, I may want to know which internal stakeholders own these contracts, when contracts are expiring, or view expirations by value or count.
This allows me to do resource planning and resource loading. I can tell my legal team, procurement team, or stakeholders to focus on a specific time window. Instantly, all information updates. Here I can see nine contracts with seven suppliers totaling $43.75 million, with the annualized contract value shown as well.
Scrolling further, I can analyze contract types, funding sources, commodity categories, and attributes like minority supplier status or direct supplier classification. I can also view contracts by 30-, 60-, or 90-day expirations, renewal types, and more.
Ultimately, this brings me down to a full list of all contracts and all associated metadata — including renewal terms, department ownership, payment terms, and the original signature date.
Again, this is about moving from large volumes of data to actionable intelligence with just a click or two.
Thanks so much for allowing me to spend this time with you and walk through Raindrop — a modern, clean, easy-to-use interface that’s powerful enough to support the modules you need, when you need them.
