What is Spend Visibility?

Why do finance and supply chain leaders need spend visibility? The answer is almost endless, but it comes down to better decision-making. When data, especially dark data, takes on the form of graphs and diagrams, leaders obtain insights rather than simply numbers filled in columns and rows. Suddenly it turns into potential fraudulent vendors, quality-controlled vendors, and an equitable, diverse vendor mix. With this information, leaders can make decisions to increase buying power, reduce reliance on any single supplier, and improve the organization’s patient outcomes.

Definition of Spend Visibility

Comprehensive data analysis of spend data tells the story of expenses at the micro and macro levels. This ‘story’ provides spend visibility, oversight, and understanding of how and where funds are spent across your organization. It is a crucial element of spend management and allows leaders to make quick, informed decisions.
With spend visibility, leaders control their complete spend management processes – from sourcing to buying to payments.

Spend Analysis Provides High-Level Visibility to
These Questions and More

The Spend Analysis & Visibility model focuses on key components of spend visibility, including:

Why Health System P2P Leaders Partner with TAG for Spend Visibility

Hospitals generate vast amounts of purchasing and payment data—but without unified visibility, critical insights get lost across systems and silos. TAG helps health systems transform fragmented P2P data into actionable intelligence, revealing what’s bought, who buys it, how it’s paid, and where value is lost. With a single, trustworthy source of truth, leaders can act faster, enforce compliance, and strengthen financial performance across sourcing, contracting, and payments.

What Spend Visibility Means

A complete, connected view of system-wide spend—linking contracts, purchase orders, receipts, invoices, and payments—to identify overpayments, missed credits, and savings opportunities in real time.

Benefits at a Glance

How TAG Delivers Spend
Visibility

TAG unifies and categorizes line-level data across ERP, GPO, and vendor systems, connecting spend and contract activity in one dashboard. Our analysts clean, validate, and normalize files to expose hidden discrepancies and automate reconciliation. Leaders monitor spend weekly through interactive dashboards, automated alerts, and monthly governance reviews.