System and method for managing compliance with strategic business rules

Software for managing compliance with strategic business rules, the software being embodied in computer-readable media and when executed operable to:

• collect procurement data from a plurality of data sources, the procurement data including information regarding a plurality of procurement events;
• cause storage of the collected procurement data in a procurement data warehouse;
• cause storage of one or more business compliance rules specifying conditions for a particular procurement event to be compliant;
• analyze a portion of the procurement data related to the particular procurement event to determine whether or not the particular procurement event is compliant according to the one or more business compliance rules;
• and
• generate a visual output based on whether or not the particular procurement event is determined compliant.

A system for managing compliance with strategic business rules, comprising:

• a data collection module operable to collect procurement data from a plurality of data sources, the procurement data including information regarding a plurality of procurement events;
• a procurement data warehouse operable to store the collected procurement data;
• a compliance rules database operable to store one or more business compliance rules specifying conditions for a particular procurement event to be compliant;
• a compliance analysis module operable to automatically analyze a portion of the procurement data related to the particular procurement event to determine whether or not the particular procurement event is compliant according to the one or more business compliance rules;
• and
• a data visualization module operable to automatically generate a visual output based on whether or not the particular procurement event is determined compliant.