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Spend Analysis

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A Procurement Leaders Publication

Business networks are driving buyer-supplier collaboration in ways that help companies deal with issues such as inefficient payment...

Electronic invoicing over an open business network holds great potential for transforming accounts payable operations. The benefits include 60 percent to 80 percent in operational...

According to Gartner, the typical company provides support services and parts for an average of more than seven years after an initial product sale. Aftermarket parts and service...

According to this recent Hackett Group study, more than 40 percent of all spend under procurement’s control falls into the category of tactical sourcing, or spot buying. While...

The benefits of spend visibility are numerous. Organizations with good visibility can better identify savings opportunities, better enforce contract compliance, and help facilitate...


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