Classifying Spend Data – Do Algorithms Really Work? People who are new to spend analysis are trained to think that there is a magic button to classify their spend data. If I send you my spend data you run it through your algorithms and magically my spend data will be...
Comprehensive Spend Management is the next step companies are taking to manage Spend and Suppliers. The majority of company’s who are doing “Spend Analysis” projects (and many companies have not yet done a formal Spend Analysis project), are primarily focused on doing...
We at Sourcing Force are immersed in the world of spend analysis and spend management and interact with a wide variety of companies – all with a diverse set of evolving requirements. The key words here are diverse AND evolving – what works for one company...
5 Practices That Might Put Financial Services Companies at Risk The financial services industry is going through a major reconstruction as it continues to climb out of the financial crisis. With increased regulatory pressure, particularly when working with ...