ProcurePort

JANUARY 16, 2020

What is Indirect Spend Analysis? Spend on goods and services that are outside the manufacturing process or your company’s product itself is regarded as indirect. Indirect spend can include expenditures on everything related to internal stakeholders, including professional fees, IT and equipment and other office supplies.

Supply 130

Supply 130

ivalua

AUGUST 25, 2020

The post Spend Analysis Datasheet appeared first on Ivalua.

130

130

Spend Matters

OCTOBER 23, 2023

In this Spend Matters Vendor Analysis we provide an overview of AnyData Solutions and its solution for spend analytics, contract management, supplier relationship management and ESG/performance tracking. Today, data-driven analysis is still at the heart of all of its offerings. AnyData is one such data expert.

Contract management 92

Contract management Contract Supplier relationship management Management 92

Spend Matters

SEPTEMBER 20, 2023

In this Spend Matters Vendor Analysis we provide an overview of Anvil Analytical and its solution for spend analytics (including contract and inflation analytics) and CO2 analytics. It is able to analyze big data related to spend (including spend on contract and inflation) as well as CO2 sustainability data.

Market analysis 96

Market analysis Contract Sustainability Buyers 96

ProcurePort

MAY 20, 2020

ProcurePort announces the launch of SpendPilot ™, a fully automated Spend Analysis Software that allows large organizations to cleanse, categorize and run analytics on their organizational spend. Accurate and comprehensive spend data is crucial in improving spend management.

Data 130

Data Spend management Procurement Management 130

Jaggaer

SEPTEMBER 8, 2020

JAGGAER understands the traditional roadblocks to spend management and how important it is to gain insight into operational ineffectiveness in order to improve your sourcing success. A spend analysis allows you to do just that. Here, we’ve outlined the seven steps necessary to conducting a proper spend analysis.

Eprocurement 123

Eprocurement Buyers Purchasing Suppliers 123

ProcurePort

SEPTEMBER 4, 2019

Spend analysis has become one of the most powerful tools available to businesses in 2019. Understanding what your company spends money on through spend analysis to assist with future procurement decisions increases saving opportunities, reduces maverick spending and even helps with supplier management.

Procurement 100

Procurement Suppliers Management 100

Empowering CPO

JUNE 23, 2023

This is where the concept of spend analysis comes in. Spend analysis is a systematic process that involves the collection, cleansing, classification, and analysis of expenditure data with the goal of decreasing procurement costs, improving efficiency, and monitoring compliance.

Data 52

Data Procurement Purchase orders Suppliers 52

Empowering CPO

JUNE 20, 2023

Today, we’re unraveling the complexity of a crucial process that businesses worldwide rely on for smarter decision-making – spend analysis. Spend analysis, an often overlooked yet critical component of procurement, is all about extracting those stories from stacks of invoices, purchase orders, and contracts.

Real-time Visibility 52

Real-time Visibility Data Supply Chain Efficiency Purchase orders 52

Spend Matters

JANUARY 8, 2024

This Spend Matters Vendor Analysis provides an overview of Billhop and its solution for working capital financing and tail spend. Billhop addresses common payments pain points for large enterprise organizations, such as working capital and tail spend. This content is for members only.

Spend management 82

Spend management Management Buyers Suppliers 82

Empowering CPO

JUNE 22, 2023

Enter spend analysis, an essential procurement tool that provides a detailed look into a company’s expenditures. By examining and categorizing a company’s spending, spend analysis illuminates potential areas of improvement, cost-saving opportunities, and crucially, opportunities to diversify the supplier base.

Suppliers 52

Suppliers Supply Chain Efficiency supply chain budgeting Data 52

Empowering CPO

JUNE 20, 2023

Introduction Welcome to the fascinating world of spend analysis, a crucial component of procurement that can profoundly transform your business operations. Our spend analysis services are meticulously designed to help businesses unlock the full potential of their procurement data. The Power of Data in Procurement A.

Data 52

Data Procurement Supply Chain Efficiency Procurement strategies 52

SpendHQ

JULY 25, 2023

So, you don’t have to figure the process out on your own with trial and error, here are five starter questions you can leverage to make the most of your spending analysis. The post 5 Questions to Ask During a Spending Analysis appeared first on SpendHQ.

Procurement 52

Procurement Management 52

ProcurePort

NOVEMBER 6, 2019

Spend Analysis and Spend management play a critical part in the procurement process. On one side of things, procurement professionals commonly can see the value of a spend analysis from the beginning. The post The ROI of Big Data in Spend Analysis appeared first on ProcurePort Blog.

Data 100

Data Spend management Procurement Management 100

Empowering CPO

JUNE 26, 2023

Explanation of Spend Analysis and its Importance in Healthcare In the ever-evolving landscape of the healthcare industry, optimizing costs and maximizing efficiency has become paramount. This is where spend analysis steps in as a powerful tool to help healthcare organizations gain deep insights into their procurement activities.

supply chain budgeting 52

supply chain budgeting Supply Chain Optimization Supply Chain Efficiency Supplier consolidation 52

Empowering CPO

JUNE 22, 2023

Two critical aspects that play a pivotal role in this regard are Spend Analysis and Sustainable Procurement. Spend Analysis, in essence, is a method for scrutinizing and managing corporate expenses. Understanding Spend Analysis Spend Analysis is an integral part of strategic sourcing and procurement.

Sustainability 52

Sustainability Procurement Supplier consolidation Supply Chain Efficiency 52

Planergy

JANUARY 19, 2023

Clients and results More Customers We saved more than $1 million on our spend in the first year and just recently identified an opportunity to save about $10,000 every month on recurring expenses with Planergy. How to gain visibility and control of your indirect spend. How to gain visibility and control of your indirect spend.

supply chain budgeting 52

supply chain budgeting Procurement Supply Chain Efficiency Supply Chain Optimization 52

Empowering CPO

JUNE 16, 2023

One of the essential tools to gaining this understanding is a process known as spend analysis. Brief Overview of Spend Analysis Spend analysis is a process that involves collecting, cleansing, classifying, and analyzing expenditure data with the purpose of decreasing procurement costs, improving efficiency, and monitoring compliance.

Import 52

Import Procurement Supply Chain Efficiency Real-time Visibility 52

ProcurePort

JULY 30, 2019

Though every procurement team’s priority is managing spend, not every business unit has the advantage of data-rich and transparent spend analysis software to make it easy. To put it simply, spend analysis is your […]. How exactly does technology help?

Procurement solutions 100

Procurement solutions Procurement Data Management 100

ivalua

JULY 20, 2020

The post Ivalua Spend Analysis appeared first on Ivalua.

100

100

ProcurePort

OCTOBER 1, 2019

Spend analysis is the process of creating an unchallenged and transparent truth of the entire company spending. The post 3 Ways How Spend Analysis Can Improve Your EBITDA appeared first on ProcurePort Blog. Transparency is crucial to organizations that strive for overall improvements.

100

100

Empowering CPO

JUNE 25, 2023

In the realm of procurement and supply chain management, one tool stands out as a game-changer — Spend Analysis. But what exactly is Spend Analysis? Spend Analysis is a process where procurement data from various sources are collected, cleansed, categorized, and analyzed. Welcome aboard!

Supply Chain Efficiency 52

Supply Chain Efficiency supply chain budgeting Real-time Visibility Data 52

Empowering CPO

JUNE 21, 2023

Introduction In the fast-paced business environment of the 21st century, having a firm grasp on your company’s spending patterns is not just beneficial—it’s essential. This is where Spend Analysis comes into play. With a firm belief in the power of IT, EmpoweringCPO is reshaping the landscape of Spend Analysis.

Real-time Visibility 52

Real-time Visibility Data Procurement Strategic sourcing 52

Empowering CPO

JUNE 21, 2023

A crucial component of this understanding comes from the practice of spend analysis. Spend analysis, at its core, is the process of collecting, categorizing, and deriving actionable insights from an organization’s spending data. Spend analysis impacts procurement in a variety of ways.

Procurement 40

Procurement Data Sustainability Suppliers 40

Empowering CPO

JUNE 22, 2023

Introduction Welcome to our complete guide on the role of spend analysis in strategic sourcing. The answer lies in the powerful tool of spend analysis. It’s a critical process that can offer an abundance of insights about your company’s spending patterns.

Strategic sourcing 52

Strategic sourcing Strategic sourcing Sourcing Supply Chain Efficiency 52

Spend Matters

FEBRUARY 27, 2023

Categories: Analytics , Procurement Strategy & Planning , Spend Analysis , Supplier Information Management Tags: PRO This Spend Matters PRO Vendor Analysis provides an overview of Vendigital, its solution for spend and supplier analytics and how it pairs these tools with its consulting capabilities.

Suppliers 74

Suppliers Buyers Strategic sourcing Strategic sourcing 74

Empowering CPO

JUNE 21, 2023

Introduction Spend analysis, at its most basic, is a process that involves the collection, cleansing, classification, and analysis of expenditure data, with the goal of reducing procurement costs, improving efficiency, and monitoring compliance.

Purchase orders 52

Purchase orders Data Purchasing Suppliers 52

Planergy

MARCH 2, 2023

Clients and results More Customers We saved more than $1 million on our spend in the first year and just recently identified an opportunity to save about $10,000 every month on recurring expenses with Planergy. How to gain visibility and control of your indirect spend. How to gain visibility and control of your indirect spend.

supply chain budgeting 52

supply chain budgeting Supply Chain Efficiency Real-time Visibility supply chain software solutions 52

Empowering CPO

JUNE 20, 2023

In the realm of procurement, every corner of the spend landscape deserves attention, and an often overlooked area is the ‘tail spend’ A. While tail spend is often neglected, it holds a gold mine of untapped savings opportunities. Another misconception is that managing tail spend is more trouble than it’s worth.

Real-time Visibility 40

Real-time Visibility supply chain budgeting Spend management Risk 40

Empowering CPO

JUNE 27, 2023

One area where digital transformation has had a profound impact is in procurement, and specifically, in the realm of spend analysis. Within this domain, spend analysis plays a pivotal role in enabling informed decision-making and optimizing procurement processes.

Real-time Visibility 40

Real-time Visibility Supply Chain Efficiency Supply Chain Optimization Data 40

Empowering CPO

JUNE 16, 2023

In the rapidly evolving business landscape, mastering your company’s spend is not just an option; it’s a prerequisite for success. This is where spend analysis comes into play, a critical tool that can shine a light on your company’s spending habits, uncover hidden savings, and drive strategic decision making.

Procurement 40

Procurement Data Real-time Visibility Procurement strategies 40

Spend Matters

MARCH 20, 2023

Categories: Procurement Systems & Architecture , Spend Analysis Tags: PRO This Spend Matters PRO Vendor Analysis provides an overview of Mithra-Ai Solutions and its offering for spend analytics. Data kept solely in spreadsheets is hard to analyze, update properly and track. Read more. )

Buyers 86

Buyers Data Procurement 86

Fraxion

MAY 2, 2022

The concept of spend analysis has been around for decades, although awareness of it has been limited. With procurement evolving into a strategic function, more businesses are realizing the benefits of spend analysis in maximizing value and savings from their indirect spend.

Procurement 52

Procurement 52

Empowering CPO

JUNE 27, 2023

Introduction Overview of Spend Analysis and Its Significance in Procurement In today’s competitive business landscape, effective procurement strategies play a vital role in the success of organizations. One crucial aspect of procurement is gaining insights into spending patterns and optimizing expenditures.

Real-time Visibility 40

Real-time Visibility Supply Chain Optimization Data Suppliers 40

SpendHQ

NOVEMBER 7, 2022

The post Avoid Common Spend Analysis Pitfalls appeared first on SpendHQ.

Procurement 52

Procurement 52

Empowering CPO

JUNE 20, 2023

One vital aspect of this is spend analysis. 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. Step 1: Data Collection In spend analysis, everything starts with data collection.

Data 40

Data Real-time Visibility Suppliers Sourcing 40

Spend Matters

SEPTEMBER 26, 2022

Categories: Analysis , Procurement Systems & Architecture , Spend Management , Supply Chain , Supply Chain Management , Trade Financing Tags: PRO This Spend Matters PRO Vendor Analysis gives an overview of Trax, a Transportation Spend Management (TSM) solution. Read more. ).

Spend management 64

Spend management supply chain budgeting Supply Chain Optimization Management 64