Athena Commercial Launches Arrowhead: The New Spend Analytics Platform
In the past seven years, Athena Commercial has delivered a broad range of analytics and consultancy projects in both the public and private sectors. In 2021, they are pleased to announce the launch of their Spend Analytics platform Arrowhead, designed to be a value-for-money software solution – providing cost analysis and saving recommendations specifically for SMEs.
Athena Commercial’s Past Projects
The commercial management and procurement specialists at Athena Commercial have worked with clients spanning numerous industries; from SMEs and start ups to global manufacturing companies, and from the Public Sector to Financial Services. In 2019 and 2020, Athena Commercial undertook a series of projects with clients including: Asos, Yodel and Block Solutions.
These projects led to Athena Commercial running spend analysis exercises using their in-house tools, and subsequently delivering impressive results. Through these spend analytics projects, clients saved over £1 million, with Athena Commercial identifying a further £3 million in savings – which the client could then deliver with the guidance of Athena’s detailed cost reduction plans.
Alan Parsons, Programme Director at Yodel spoke highly of Athena Commercial’s consultancy service, referring to a leading team member as a “fast thinking commercial procurement consultant” who “will help you drive value into your purchasing and lead your team to adopt best practices.”
Likewise, Marc Chang, CEO of Block Solutions was equally complimentary, branding Athena Commercial as “an important partner for our business during 2020, providing us significant cost savings and a greatly improved clarity of cost information with clear plans for future savings and process improvements.”
The Development & Launch of Arrowhead
Following Athena Commercial’s success in their numerous spend analytics projects, in 2020, they began developing their in-house tools into a cloud based software platform: the birth of Arrowhead. This platform is now available to the wider market, providing an automated version of the aforementioned cost reduction processes. Arrowhead provides clients with a dynamic business intelligence tool, offering the sought-after autonomy to run their own detailed reports, schedule notifications and implement their own permissions.
For more information, you can see how it works on the Arrowhead website.
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Published by PRFire