(3/24/2015) Upcoming Webinar from Rosslyn Analytics: Seven technological breakthroughs that will help you generate new value from spend data
It used to be that selecting a spend analysis solution was about functionality. Which systems could do what, how well could they do it, and how much did it cost. As spend analysis has matured as a function and as a platform, being able to provide the necessary functionality has become a requirement rather than an option.
Today’s spend analysis solutions must differentiate themselves on how quickly and easily they can be updated and how much context they offer for your data. Putting users in the driver’s seat is an advantage because it allows them to have greater control over their data and how it is categorized.
The difference between a mediocre spend analysis solution and a robust one is the difference between a circle and a sphere. Sure, a circle goes all the way around the center point, and it is the right basic shape, but it is still flat. A sphere, on the other hand, also goes all the way around, but in all three dimensions. It leaves no perspective of the center point unseen.