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Posts tagged ‘Emptoris’

8
Mar

Spend BI and Analytics


What is your spend IQ or data maturity?

Procurement organizations tend to swim in data. One of the most important strategies for any best-in class procurement organization is spend analytics. In conjunction with sourcing, category, contract management and purchasing, spend analytics provides a window into spend behavior to drive cost reduction and cost avoidance efforts.

As a result, we are seeing a lot of interest around Spend BI and Analytics projects. Chief Procurement Officers and other Sourcing/Procurement leaders of Global, large and even mid-market firms are increasingly focusing on spend data analytics as part of a new wave of spend rationalization projects. Read more »

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