Getting the Most from Your Spend Analysis Software Running spend analysis reports is a very necessary part of procurement, particularly if you want to look for opportunities to improve your spend under...
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It’s no secret that the entire RFP (request for proposal) process can be a chore. Even if you’re working with the best team, the process is still a lengthy one, and it may be a part of procurement that you...
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Once upon a time, companies had to manage purchasing departments and procurement management as though it was the Dark Ages. Everything was done by hand—there were no computer software programs to help, there...
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Going through the spend analysis steps is a very important part of the procurement management process. You can’t go through procurement and purchasing without spending money—but spend analysis involves...
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Spend analysis is, quite simply, exactly what it sounds like—analyzing how much you’re spending and what you’re spending it on. Spend analysis and procurement roughly means the same things, but there is a...
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If you are navigating the challenging process of choosing an eSourcing platform, I recommend that you consider analyzing results from the latest Spend Matters SolutionMap. Since the first SolutionMap was...
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RFPs that fail to deliver expected cost savings and/or efficiency gains frustrate procurement professionals and stakeholders. The issues typical revolve around insufficient planning or conflicting goals. As...
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This week I offer the most common challenges that are shared with me by procurement professionals. Most folks that contact me are: Grappling with a system that is difficult to use and utilization is very low...
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