Anyone that has experienced a spend management solution rollout will tell you that the first unveiling is a watershed moment. In some cases, the company is transitioning from multiple data sources to one, and, in others, it is making the huge leap from department-owned spreadsheets to a consolidated online spend management platform. The value of seeing all of the company’s spend data together — categorized by supplier, buyer, date, and category etc. — being updated in near real-time is enormous. It is well worth the effort required to bring enterprise-wide spend analysis online.
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May 2018
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