Traditionally, reviewing contracts meant reading through them line by line, an approach that was both labor-intensive and time-consuming. . By the time teams extracted insights from numerous contracts, the information was often outdated or not actionable.
Procurement is evolving, and its role as a value generator within businesses is more crucial than ever. For procurement leaders, balancing cost management with extending influence into strategic areas is no easy task, and the pressure to deliver is immense.
Discover how Jessica, the CFO of a mid-sized tech firm achieved quick, effective, and guaranteed improvements in her organisation’s financial health with AI.
Unleashing Gen AI for Pharma Leaders to Catalyse Cost Efficiency and Drive Fiscal Excellence.
Discover Emily's journey and learn how her strategic use of automated spend analytics transformed procurement in the pharmaceutical industry, elevating Veritas's financial health and inspiring a new business approach.
With traditional cost-cutting measures failing to drive business growth, finance leaders are discovering a new approach to cost control and growth — one that is focused on data-driven decision-making and continuous improvement.
With Spend Analytics, finance leaders can achieve greater accuracy in their budgeting and forecasting processes, which can lead to improved financial performance for their organisations.
In today's uncertain economic environment, Spend Analytics emerges as a transformative solution for finance leaders to meet the imperative of driving business growth.
Spend analytics is a powerful tool that helps finance leaders improve working capital and enhance the company's financial health.
Jane's success story has been recognised by her peers in the insurance and financial services sectors, and she often gets consulted to share her experience and best practices.
Spend category management is the process of classifying and grouping a company’s spend based on products, services, suppliers, departments, etc.
What did CFO Sue do to improve her working capital? Well, she tried spend analytics and had a jaw-dropping moment when she realised she could achieve £250M in working capital.
Activity-based costing is driving business profitability. How can Spend analytics help in effective activity-based costing?
What should businesses do to grow and stay ahead of competitors?
Payment Analytics is the process of integrating and analysing payment data from different sources like bank transfers, credit cards, employee expenses, P-cards, and supplier invoices.
The first step to bring transparency and visibility to your maverick spend is deploying a spend analytics solution.
Category management is a strategic approach within the procurement function where organisations segment their spend into areas that contain similar or related products, enabling focus on opportunities for consolidation and efficiency.
Eliminate the guesswork in your business spend. Get visibility into how and where your business is spending money with spend analytics
Spend analysis is often overlooked in pharma, but when accurately performed, it can result in sustained, bottom-line impact.
Discover how AI in procurement has accelerated the collection, analysis, and utilisation of data to generate meaningful insights that inform decisions.
Spend analysis is the process by which unstructured spend or invoice data is converted into structured data and meaningful information that can provide executive management transparency.