This CFO.com whitepaper, “Why CFOs Can’t Afford to Ignore Spend Analysis”, examines some of the challenges of implementing spend analysis tools, the immediate and more forward-looking benefits, and best practices for achieving ROI. It also points out that, according to bench benchmarking firm APQC, an organization with a spend analysis program and $5 billion in revenue will spend $11 million dollars less on procurement activities compared to a similarly sized organization without a spend analysis program. Some of the other immediate benefits of spend analysis highlighted in the report include:
How can your company benefit from investing in spend management analytics? Find out by downloading the white paper today. Request Free! |