Direct vs Indirect Spend Analysis: What’s the Difference and Why It Matters
Empowering CPO
JUNE 20, 2023
Spend analysis is the process of collecting, cleansing, classifying, and analyzing expenditure data with the purpose of reducing procurement costs, improving efficiency, and monitoring compliance. Spend analysis plays a vital role in procurement and strategic sourcing. Stay tuned! Office supplies, utilities, IT services.
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