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The process of leveraging spend analytics is often an area of under-investment during the first steps of the M&A process. When companies merge or come together through acquisition, optimizing procurement synergies can be one of the most important strategic levers for driving rapid and long-term EBITDA improvement. Spend analysis becomes essential in taking the first steps toward making assets work together.
After experiencing tremendous footprint growth, Heartland Dental was challenged with a lack of spend visibility and needed a way to quickly understand the spend profile for each of its supported offices. Heartland Dental knew they needed to implement a spend analysis solution that could consolidate and normalize spend data from multiple financial systems so they could better size up their potential savings and find the commonality of suppliers across their entire footprint.
Join Anneliese Werner, Director of Procurement at Heartland Dental, and Constantine Limberakis, Director of Marketing at SpendHQ, as they explore how having a ‘single source of truth’ enables companies to drive procurement’s value and sustain savings across their entire organization.