Although all leading procurement organisation works with spend analysis sometimes you hear people question why a spend analysis is even required to get a holistic view of an organisation’s expenditures. Here is why.
Even though spend analysis as a concept has been around since the birth of strategic sourcing in the mid 1980s, the general knowledge of the topic remains low. Many understand the big picture -spend has to do with the classification of expenditures, but fail to see the finer details…
Spendency attended the Digital Procurement World conference in Amsterdam last week. Besides start-ups showing the latest and greatest technology there was about 35 lectures and workshops on the topic of digital procurement. Having digested all the great information, here you will find five key takeaways from the conference:
Spendency and Tradeshift announces a Strategic App Solution for spend analysis and their first customer: Swedish food retail company Axfood. Spendency, the most user friendly spend analysis solution, will be available as an app on Tradeshift’s plattform.