If integrated with Ariba Analysis, forecasted spend and savings amounts can be used in analytical reports.

In an evergreen contract, the forecasted spend is initially divided into a default number of items (or time periods). Add or remove items to fit the total time period you want to examine.

1. Enter a total Amount you expect to spend over the duration of this contract.
2. Optionally, enter the percentage savings you expect to realize over the amount entered in Amount.
3. Choose the Frequency with which you analyze your spend, for example, quarterly. Consider your business practices and the expected duration of this contract.

After choosing the Frequency, the Items section shows your total spend amount evenly divided by time periods dictated by the frequency and the expiration date of the contract.

4. Under the Items section, change individual spend amounts as needed, for example, to account for seasonal spending or other expected fluctuations. The sum of all time period spend amounts must equal the total spend entered in Amount.
5. Change dates for individual spend time periods as needed. Time periods cannot have gaps.
6. Add and delete time periods as needed. You can forecast spend beyond the contract's expiration date, but doing so may distort your spend analysis.