Procurement Spend Analytics: The Path to Smarter Savings
Revenue is not the whole story. In a cutthroat market, savvy cost optimisation is vital for a company's financial well-being. This paper dives into the procurement team's role in managing expenses, the challenges they face and the strategies they can employ to optimise spending. It also explores how procurement spend analytics emerges as a key tool in unlocking significant cost-savings and driving overall financial success.