A practical first step to assessing your Spend Intelligence capabilities.
As a Finance or Procurement leader in your organization, have you been thinking your level of visibility into past, current and upcoming spend and spend processes could stand to be improved? Or maybe that it desperately needs to be improved?
Do you feel that you, your team and your whole organization are wasting precious resources (time, money talent etc) due to the lack of actionable insights into how money is being spent – or due to the effort required to get those insights?
If you have decided it’s time to rethink your approach to obtaining true Spend Intelligence, you may be wondering how you can go about doing that in a reasonably structured manner.