[WEBINAR] Spend Analysis: The Foundation for Procurement Excellence
SpendHQ CEO, Tom Beaty, and Ardent Partners Chief Research Officer, Andrew Bartolini, partner together to discuss their joint research brief, “Spend Analysis: The Foundation for Procurement Excellence”, in our latest procurement webinar.
Spend Analysis: The Foundation for Procurement Excellence
Within the world of procurement, it has never been more important for procurement teams to harness the power of their data and transform their functions into true hubs of intelligence and performance excellence. Procurement departments that utilize automated spend analysis solutions to achieve enterprise-level spend visibility have a truly powerful asset that can be used to drive strategic planning, refine operational focus and improve business results.
While driving big value from big data has emerged as a major business theme in recent years, modern Chief Procurement Officers have long known that the ability to extract intelligence and value from their enterprise spend data is what separates leading procurement teams from the laggards in today’s highly-competitive market. Automated spend analysis solutions are the tools used by procurement organizations to support the overarching concept of any data-led procurement strategy. These tools enable procurement executives to harness raw spend, invoice, and other forms of supplier data to develop deep insights for a variety of strategic sourcing initiatives.
Visibility into enterprise spend is the desired output from automated spend analysis and is what helps procurement departments to understand what money is being spent with which suppliers and on what categories. Providing data in a usable format with the context to help stakeholders make better, more-informed decisions is the core of these specialized solutions.
In partnership with Ardent Partners, we have developed a research report that delves into the value proposition of automated spend analysis and provides procurement professionals with an overview of how these tools can impact almost every facet of the modern-day procurement operation.
Join us for this live webinar on February 7th at 2:00 pm EST for an in-depth look into this research.
- Fundamentals to develop a case for spend analytics
- Criteria for becoming a “Best-in-Class” procurement organization
- Recommendations on how to evaluate spend analysis platforms on the market
- Free spend analysis research brief by Ardent Partners
- Access to Q&A with SpendHQ CEO, Tom Beaty & Ardent Partners Chief Research Officer, Andrew Bartolini
Webinar: Spend Analysis: The Foundation for Procurement Excellence
Date: Tuesday, February 7, 2017
Time: 02:00 pm ET | 11:00 am PT | 01:00 pm CT
Speakers: Tom Beaty, CEO and Founder of SpendHQ & Insight Sourcing Group and Andrew Bartolini, Chief Research Officer at Ardent Partners
About the Speakers:
Tom is the CEO and founder of SpendHQ, Insight Sourcing Group, and the Witness to War Foundation. Tom has over 20 years of strategic sourcing and management experience and has been recognized nationally for both his success as an entrepreneur and as an advocate for our war veterans. Tom lives in Atlanta with his wife and three children.
“We initially built this tool for ourselves. SpendHQ became a company when we realized that everyone else had the same problem we did – bad sourcing data and no easy way to understand it.”
Chief Research Officer
Andrew is a globally recognized expert in sourcing, procurement, accounts payable, and supply management. At Ardent Partners, Andrew focuses his research and efforts on helping enterprises develop and execute strategies to achieve operational excellence within their procurement and finance departments. Andrew is also the publisher of CPO Rising, the first independent media site written for and about Chief Procurement Officers and other procurement executives.
Advisor to CPOs and leading solutions companies alike, Andrew is a sought-after presenter, having lectured and presented more than 250 times in eight different countries. He actively covers the technology marketplace as well as trends in sourcing, procurement, supply management, and accounts payable and has been published or quoted in leading business publications including The Wall Street Journal, Business Week, Investor’s Business Daily, Forbes, and Fortune, as well as the major trade publications focused on supply management.
SpendHQ is a spend analysis software that provides rapid, accurate and detailed visibility into your spend data. This full-service SaaS spend visibility solution delivers actionable insight for sourcing and procurement professionals. Designed from the ground up by top sourcing experts at Insight Sourcing Group, it bypasses months of ERP integration, strips out all the unnecessary functionality, and finally solves the problem of bad data. This SaaS tool features the industry’s most intuitive user interface and has US-based procurement specialists handling the data optimization. Recognized for innovation and industry impact in the procurement space, SpendHQ was named to the 2015 Red Herring Global 100 list, and listed as a finalist in the CODiE 2016 Awards as a “Best Supply Chain Management” solution. With SpendHQ at their fingertips, clients ranging from Fortune 500s to mid-market companies are finally able to see their spend clearly and drive savings confidently.