When spend analysis is done right – that is, when spend data is extracted, cleansed, classified, and analyzed from multiple sources – you can get more visibility into your spending, make more insightful sourcing decisions, and identify more ways to cut costs.
But most organizations struggle to conduct effective spend analyses when their spend data is housed on a number of systems and solutions
For guidance on overcoming this challenge, download this new report from Aberdeen Group. They benchmarked best-in-class organizations noted for their ability to capture spend for analysis and identify opportunities for improvement. In the process, Aberdeen identified actionable strategies you can adopt to achieve the same kind of success.
Plus, the report offers a free self-assessment that can show you – with a free, personal PDF scorecard – how your current performance compares to best-in-class organizations.