Spend Analysis

Spend Analysis Payoff

Posted by Pete Loughlin in e-Procurement, Spend Analysis, The Rest

A significant amount of effort – and money – is spent by procurement organisations on spend analysis. It’s a complete no brainer.  Without understanding what you spend, how can you begin to manage it. Knowledge is power. What gets measured gets managed. All true of…

Spend Analysis – the Key to Managing Through A Recession

Posted by Pete Loughlin in Procurement Best Practices, Purchase to Pay, Purchase to Pay Process, Spend Analysis, Vendor Risk Management

What gets measured gets managed. It’s a slightly tired truism but it’s very relevant to Purchase to Pay and, sadly, often overlooked. Most P2P (Purchase to Pay) projects are justified as a means to reduce cost. They introduce efficient processes that allows  purchasing payment and…