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At times, do your stakeholders seem as if they are from Middle-Earth, stuck in their own lands?
Do you only see them from afar, bickering with each other and ignoring the rising dark powers of lost savings and hidden risk?
Has the incomprehension and inflexibility of spend data from “ERP or the homegrown data warehouses” come to rule them all?
Well, now is the time to lift the veil of gloom on spend and use analytics to build a fellowship based on transformation, collaboration, and results. It’s time to convene a quest.
Once seen as just a small player from the Shire, this is procurement’s chance to unite the diverse tribes of the land against the dark forces. Using spend analytics (forged in the ancient hallows of Carmel, Indiana), procurement can identify new opportunities and arm the diverse tribes with a new and common purpose. Doing so will help destroy the powers of lost savings and hidden risk growing in mountains of data, and return the king named value to the kingdom of the enterprise.
Those who undertake this quest will:
- Understand the pitfalls of why spend analytics fails and how they can be overcome
- Gain insights into how spend analysis can become the talisman for procurement’s transformation
- Hear two real-life case studies from Brunswick and Equifax on delivering success with spend analytics