A guide to spend analysis: How to enable data-driven decision-making in procurement

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Guide to spend analysis

Spend analysis is a tool for keeping costs under control and gaining valuable insights into your business. New technology has made it more accessible. This guide explains more about spend analysis.

Research has shown that spend analysis can contribute up to 20% in cost savings.

The ebook A guide to spend analysis: how to enable data-driven decision-making in procurement explains the concept of spend analysis and provides insights and guidance to help you kick-start your analysis efforts.

Learn more about:

  • Spend analytics basics
  • Types and tactics
  • Accessing your data
  • Direct and indirect spend
  • Benefits and challenges
  • Buyer’s guide
  • Getting started