Working With Customers to Customers Mitigate Risk and Maintain EBITDA

JAGGAER Ramps up Support, Helping Customers Mitigate Risk and Maintain EBITDA During the Coronavirus Outbreak

separator

JAGGAER Ramps up Support, Helping Customers Mitigate Risk and Maintain EBITDA During the Coronavirus Outbreak RESEARCH TRIANGLE PARK, N.C., April 08, 2020: Many organizations of all sizes around the globe are experiencing a wide variety of unexpected and unplanned supply chain disruptions during the COVID-19 pandemic. In fact, in many cases they are exposed to [...]

Read More

University of California’s $200 Million Secret: Spend Analysis

separator

When the University of California’s Procurement Services team created the P200 Challenge, a bold program designed to help the UC System save $200 million annually, they knew needed to develop a deep understanding of the institution’s current spending in order to achieve their goal. Read our education case study to learn how the University of […]

Read More

Boost Your Automated Spend Analysis Strategy with These 7 Quotes

separator

Whether it is conducting a simple spend analysis, developing savings strategies or building your sourcing roadmap, automated spend analysis will provide information crucial to the success of your business.  If you’re looking for inspiration to get your automated spend analysis started – or finished – you’ve come to the right place. 1. “The price of […]

Read More

6 Reasons Why an ERP is Not the Solution to all Your Procurement Problems

separator

Most of the time when CFOs are shopping for business-management software, they gravitate towards ERP solutions, or enterprise resource planning software. ERPs can be attractive with the depth and all-in-one package they market to organizations. Because of this, ERPs have been the talk of the industry and the must have for businesses, until the reality […]

Read More

Spend Analytics Powers Actionable Data Analysis at Vulcan Materials

separator

In 2014, when Vulcan Materials Company was looking or a solution to classify and consolidate data from different payment sources, from PCards to purchase orders, the company chose Spend Analytics. Vulcan Materials Company is the nation’s largest producer of construction aggregates. Spend Analytics is a turnkey solution that provides the comprehensive analysis necessary to drive […]

Read More
Take control of maverick spend in five

5 Tips to Help Prevent and Control Maverick Spend

separator

Being a maverick isn’t all bad. Just look at Steve Jobs and Sir Richard Branson. Their outside-the-box ideas drove innovation and resulted in enormous successes. But for companies trying to manage spend – and let’s be honest, who isn’t? – rules-are-meant-to-be-broken behaviors such as maverick spend can wreak havoc on processes and, ultimately, your company’s […]

Read More

Why is Brexit a Game Changer for Procurement and Financial Professionals?

separator

The shock was not only for Britain. UK leaving the European Union, aka “Brexit”, has shaken the global markets and left tremendous uncertainty in all directions. Those who voted in favour of Brexit argued that doing so would benefit the UK over the long term. Yet businesses, investors, and analysts think that in the short […]

Read More

The Best Solutions for Automating Your Business Processes

separator

Have you ever tried to streamline your procurement and spend workflow to eliminate as many paper-laden processes as possible? If so, you’ll know it’s difficult because finding a system everyone can use can be overwhelming. So how do you optimize your business process automation? Business process automation can happen in many forms, whether it be […]

Read More

Easy Does It: How Complicated Spend Management Software Sabotages Compliance

separator

When you’re choosing spend management software, your list of criteria is no doubt long. We wouldn’t be surprised to hear that it also contains some conflicting “wishes.” We hear it all the time: the procurement team wants the software that produces the best reports. But that can mean it’s harder for your end users to […]

Read More
What is Spend Analysis?

What is Spend Analysis?

separator

Spend analysis is the process of identifying, gathering, cleansing, grouping, categorizing and analyzing your organizations spend data with a goal of decreasing procurement costs and improving efficiencies.  Using real-time data and analytics will give you the insight you need you to save money and gain efficiency. Spend analysis is a branch of the much larger […]

Read More