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What Supports Accurate Spend Analysis in Supply Chain Organisations?

In the supply chain management, gaining visibility into spending is crucial for procurement professionals to unlock value from their supply chain. Spend analysis helps identify key supplier relationships and assess whether the organisation is obtaining the best value for its purchases. Accurate spend analysis leads to informed decision-making, cost savings, and improved supplier negotiations. A… What Supports Accurate Spend Analysis in Supply Chain Organisations? weiterlesen

5 Essential Strategies for Maverick Spend Management

Is your company losing money due to unauthorized spending outside of your procurement process? Are your team members hesitant to make purchase orders because of the complexity of the system? Then, the possibility of financial risks caused by unaccounted maverick spending may exist in your organization. According to the Chartered Institute of Procurement & Supply (CIPS)… 5 Essential Strategies for Maverick Spend Management weiterlesen

What is Spend Analysis and how can a Procurement and Spend Analytics Software Benefit your Business?

Discover how procurement and spend analytics empower your business through real-time spend analytics and monitoring spend patterns.