Category: Spend Management

Spend analytics “vital to increasing value” – Procurement 2020

By evolving past transactional processes and focusing instead on total value, Procurement is becoming a more strategic player within the business. Companies are seeking to align procurement functions with revenue goals, quality controls, Integrated Business Planning and total cost of

Under-performers have only basic reporting capabilities

IBM Institute for Business Value (IBV) survey of more than 1,000 CPOs and senior procurement executives indicates that businesses with top performing procurement departments have moved beyond basic reporting and into advanced analytics. However I would argue that most underperformers

Automating your mileage tracking brings significant savings 

You have successfully eliminated your paper T&E process and launched a cloud based T&E solution. You have users submitting digital receipts and your spend data is better than ever. Are you ready to now automate the way your employees track