Spend Visibility Perspective Series by Constantine Limberakis
3 Fallacies that Plague the Achievement of True Spend Visibility: The Case for Best-of-Breed Spend Analysis
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Data-Driven Approaches Start With Spend Analysis
There are many ways of engaging in spend analysis. However, in our experience, those less familiar with spend analysis as a discipline may oversimplify what it takes to be successful, or they may think spend analysis can be solved with technology alone. Based on conversations we have in the marketplace today, we’ve identified three common fallacies around spend analysis that has plagued procurement’s ability to achieve true spend visibility.