All spend analysis is the same, but some spend analysis are more the same than others. In this post we look at what the differences are between spend analysis in direct and indirect material categories and between private and public sectors organisations.
Spendency features in the latest Raconteur focusing on Supply Chain Innovation. We hope to encourage more organisation to adopt a data driven way of working but also to avoid the most common pitfalls when considering new analytics technology. In short user friendliness should by first, second and third as the system’s primary function is to augment the performance of procurement professionals, not do the work for them.
Spendency AB has been named a 2020 Provider to Watch by Spend Matters for a second consecutive year. Spendency were among a small group of less than 15 providers that made the list in 2019 that still remains on the list 2020.
Spendency is now available for free until the end of june for all organisations that does not already have access to the service. Read the description on how to start the process to get access to a free spend analysis system
A spend analysis is perhaps the most versatile analysis in all of procurement. Yet there are still people questioning if it is worth the investment in time and money. So in this post we explore the six most common benefits of a spend analysis: better performance through prioritisation, better performance by leveraging economy of skill and scale, following up on realised savings, ensuring compliance, better forecasting and budgeting and estimating environmental impact