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Sourcing Innovation: What to Look For in a Spend Analysis System

These days, every vendor and his dog is offering "spend analysis" solutions to the market, but, as one can easily guess, not all "solutions" are appropriate in all situations, or even capable of producing a true picture of spend for an average organization. Therefore, in order to select an

Sourcing Innovation: Finance Needs Spend Analysis and e-Procurement, Part II

In our last post, we noted that Basware recently released its annual Cost of Control study for 2010 and pointed out that Finance's top 10 challenges could be easily solved with good, modern, spend analysis and e-Procurement solutions. The study also outlined the top 10 strategic finance priorities

Sourcing Innovation: Finance Needs Spend Analysis and e-Procurement

Basware recently released its annual Cost of Control study for 2010, which contained, among dozens of other statistics and tables, the top 10 challenges for Finance over the past year. Reviewing them, it immediately struck me how most of them would be addressed with the adoption of good, modern,

Sourcing Innovation: Optimization: The Only Solution to Complex Spend Management

Today's guest post is from Paul Martyn, Vice President of Marketing of Bravo Solution. Paul can be reached at p<dot> martyn<at> bravosolution.com or 312 279 6793. Most organizations have a diverse spend portfolio that includes

Sourcing Innovation: Purchasing Gets it Wrong Again: Spend Analysis IS Cheap.

A recent article in Purchasing on what $100K buys in spend analysis software has me jumping up and down again (their 2007 article on the ABCs of Spend Analysis, which was beautifully dissected by Eric Strovink in What Purchasing.com Got Wrong, had me fuming for weeks). According to this new

Sourcing Innovation: The Real Reason No One's Buying Contract Management Software

Over on Commitment Matters, Tim Cummins authored a post on The Guilty Secret of Contract Management Software where he attempted to explain the disappointing uptake in contract management software. It was pretty good, and he was right in that the uptake is not simply down to a reluctance to buy and

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