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Spendency and Visma Tendsign in Pre-connected cloud

Contract compliance is an important measure of most purchasing organizations. Contract compliance is especially challenging when working with indirect material and many organizations are struggling to measure and make contractual information available to the organization. We want to help our Spendency customers to work with contract compliance in an easy way by integrating Spendency with a contract management system. We want organizations to be able to choose best of breed applications and make them communicate without extensive integration projects. Therefore are now Spendency and Tendsign’s contract module integrated through a pre-connected cloud. An organization that has Tendsign´s contract module and Spendency can easily obtain, with just the click of a button, the requested information and is then able to follow the contract compliance in Spendency. A new dashboard will appear giving you 4 new graphs where you can analyze contract compliance by supplier and category, etc.

Want to know more about how it works, contact EFFSO or Visma.

Why spend analysis?

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.

What is spend analysis?

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…

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