Of what good is good data if it is not put to good use? Lining up your spend and supplier data in a row is a nice start to your spend analysis journey. But that’s just the beginning. Getting the most out of any spend analysis initiative hinges on how well the insights have been put to use to discover new opportunities or improve sourcing efficiencies.
This interactive SIG session hosted on September 15th 2015 covered:
- The key elements of a spend analysis initiative
- Best practices to follow and pitfalls to avoid while implementing spend analysis
- Real life examples of how companies are using spend analytics and supplier visibility to drive effective decision making
Review the replay of this session to understand and discover how spend analytics can unlock the hidden opportunities within your organization to maximize savings, improve compliance and increase spend under management.Recording link : Here