by Olivier | Jan 16, 2023 | Spend analytics
“Who ordered this? We don’t have the budget for it!” I knew our IT budget would be tight this year, so this last $50K upgrade invoice is really throwing my budget totally out of whack. During our last quarter meeting, one of my Project Managers (PM) mentioned this...
by Olivier | Dec 5, 2022 | Spend analytics
Break out your dancing shoes, brush off the dust, and turn on the lights…it’s time to stop dancing in the dark! We find that a lot of procurement organizations are “dancing in the dark” because they don’t have the proper visibility into their spend and sourcing...
by Olivier | Sep 17, 2021 | Spend analytics
Source: Sourcing Force Focusing on Business Specific Category Sourcing Groups is key, with or without UNSPSC. Transforming raw Spend and Supplier data from payment and purchasing systems and reclassifying it into common, meaningful sourcing categories creates...
by Olivier | Jul 23, 2019 | Spend analytics
How Spend Analysis Can Help You Drive Value for Procurement One of the most frequent questions we get from our clients is hands down: What is the best approach to use and identify savings opportunities through spend analysis? This is an excellent question....