by Pratik Wanare | Sep 2, 2021 | Sales & Operations, Spend Analysis
Performing a spend analysis is an indispensable cost-saving component in any business. For optimum savings, it’s always recommended to conduct Spend Analysis regularly. Spend Analysis produces high-quality actionable insights which can turn into opportunities...
by Pratik Wanare | Aug 11, 2021 | Sales & Operations, Spend Analysis
Spend analysis is one of the most versatile analyses in a procurement organization offering several key benefits. In this blog, we are going to throw some light on the most common benefits of spend analysis. 1. Full visibility on procurement spends – In an...
by Pratik Wanare | Jul 11, 2021 | Planning, Spend Analysis
Procurement spend analysis is the practice of scrutinising an organisation’s current and historic expenditure from a procurement perspective. It aids to proactively identify savings opportunities, manage risks and optimize the organization’s buying power. It is a key...