Managing Energy Spend in a Volatile Market is All About Data
SpendHQ Insights welcomes Ben Saunders, Procurement Risk Management Lead with Insight Sourcing Group’s Enterprise Energy Solutions division.
Managing the energy spend and consumption in areas like electric and natural gas is top of mind for many organizations today. Organizations are actively looking for ways to reduce cost, monitor savings and improve contract negotiations. In this episode, we sat down with Ben Saunders, Procurement Risk Management Lead with Insight Sourcing Group’s Enterprise Energy Solutions division, to discuss the current state of the energy market and address strategies for improving demand reduction and energy efficiency efforts.
“If you are going to have effective energy contracts you need to understand what your demand profile is and not just on an annual basis, but from month to month, how are you using energy. Even within each day what does your time of use look like.”
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SpendHQ is a spend analysis solution that provides rapid, accurate and detailed visibility into enterprise spend data. This full-service SaaS (Software-as-a-Service) spend analytics solution delivers actionable insight for sourcing and procurement professionals. With SpendHQ as your command center, you give procurement leaders inside your organization the power to impact the bottom line.
Recognized for innovation and industry impact in the procurement space, SpendHQ was named to the 2015 Red Herring Global 100 list and named the Best Big Data Reporting & Analytics Solution and Data Visualization Technology solution in the 2018 SIIA CODiE Awards. With SpendHQ at their fingertips, clients ranging from Fortune 500s to mid-market companies are finally able to see their enterprise spend clearly and drive savings confidently.
As a subsidiary of Insight Sourcing Group, SpendHQ is built by industry leaders with unmatched sourcing knowledge. Inc. Magazine has ranked Insight Sourcing Group among the fastest-growing private companies in America every year since 2008. In 2017, Insight Sourcing Group was also named the #1 Boutique Consulting Firm in the U.S. by Vault.com. To learn more about SpendHQ’s spend analysis solution and start taking control of enterprise spend data, request a custom spend analytics demo today.