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Why don’t the Potential Benefits of Spend Analysis Come Easily?


it spend analysis  have been increasingly making it on to the spend analysis short-lists , especially for those selections with smaller IT budgets to spend (no pun intended). These specialist BI tools are agile enough to access both OLAP cubes and operational databases in their native format. In fact, even more value can be derived out of a BI solution when multiple data sources are accessed and composite data mashups are produced. These vendor’s BI platforms enable end-users to combine disparate data sources that are Read More...
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Documents related to » it spend analysis


PROACTIS: The Best-kept Secret in Indirect Spend Management? - Part 2
Part 1 of this blog series introduced PROACTIS, a UK- and US-based specialist vendor of spend control and e-procurement solutions with accredited partners

it spend analysis  a successful system implementation, it is easy to allow the system to become static and erode. Business process changes can take place at all levels and the impact can prove expensive. Thus, PROACTIS Business Process and Systems Optimization Services are designed to make the most of the enterprise’s PROACTIS investment. To that end, a historic spend is analyzed by product category to determine, e.g. the proportion of suppliers accounting for 80 percent of spend, the top (strategic) suppliers, the Read More...
Emptoris
The Emptoris acquisition of Zeborg is both a wise offensive and defensive move since it combines the resources of two companies that should focus on arguably

it spend analysis  sense for them, whether it is to address more spend categories on-line, identify greater savings in each spend category, automate more of the sourcing process, incorporate suppliers into the extended enterprise, or leverage best practice processes and content. The modules and some description of how they work follows: The Item Master module is self-explanatory and it serves the purpose of defining categories and organizing them into an n-tier hierarchy to mirror the taxonomy of goods and services Read More...
SciQuest Acquires Assets of Spend Radar (and Rounds Out Its Spend Management Suite)
Now that Emptoris and Ariba are gone as independent spend management software suite vendors (acquired by IBM and SAP respectively), is SciQuest trying to take

it spend analysis  manageable.  It appears that it is business as usual at Spend Radar, with no departures (if anything, the company has an open head count). It was reportedly included in the contract that Spend Radar’s employees weren’t required to move to North Carolina (SciQuest’s HQ). SciQuest actually really likes the Chicago location, since it’s central to its current Boston, Texas, and Edmonton (Canada) hubs. There won’t be a “Spend Radar, a SciQuest company” setup, as all are SciQuest employees now, Read More...
Can Enterprises Keep Their Spend on Their Radar (Screen)?
My recent post Why don’t Potential Benefits of Spend Analysis Come by Easily? described typical challenges of comprehensive spend management solutions. On one

it spend analysis  opener for our company. It enables us to more rapidly, accurately and cost effectively manage our customer's spend and related information, and it is the accuracy and relevancy of the data behind the glossy reporting and analysis that is the true power behind effective cost management. The Data Manager module also gives us the flexibility needed to grow with their business through our additional spend management modules such as Content Manager, Refresh Manager, and Performance Manager. That said, most Read More...
Discovery: Business Intelligence (BI) Competitor Analysis Report
This business intelligence (BI) knowledge base covers a full range of BI functionality. BI applications enable real time, interactive access, analysis, and

it spend analysis  Business Intelligence (BI) Competitor Analysis Report This business intelligence (BI) knowledge base covers a full range of BI functionality. BI applications enable real time, interactive access, analysis, and manipulation of mission-critical corporate information. BI users are able to access and leverage vast amounts of information to analyze relationships and understand trends that support business decisions. This knowledge base covers everything from data mining to analytics, querying, Read More...
Unified Business Performance Management: How to Streamline Budgeting, Reporting, Analysis, and Forecasting
Why aren’t most companies able to achieve exceptional performance given that they have standard budgeting, analysis, and forecasting processes in place? It is

it spend analysis  forecasting processes in place? It is because they don’t have a unified, integrated financial management process. Discover the benefits of a unified approach and the technologies that enable companies to adopt business performance management (BPM) best practices in just days or weeks, at an affordable price. Read More...
Red Hat Summit 2014: Open Source at the Forefront of IT
For Red Hat, the recent summit that took place in California was special in many instances. It marked the 10th anniversary of the Red Hat Summit and the

it spend analysis  at the Forefront of IT For Red Hat , one of the keystones of the open source community as well as one of its most sound success cases, the recent summit that took place in California was special in many instances. It marked the 10 th anniversary of the Red Hat Summit and the celebration of a company that has for more than 20 years been a key contributor, consolidator, and promoter of open source technology in the enterprise, and is now a key player in the software and IT industry in general. In fact, Read More...
IT Investments and Business Value
The view of technology has evolved over time—from a strategic enabler and a competitive weapon to an operational overhead. IT projects that come in over budget

it spend analysis  to an operational overhead. IT projects that come in over budget and with missed deadlines and lackluster results do not help matters. It is up to the CIOs to restore the perception of IT in the enterprise, by understanding the company’s goals and showing business leaders how IT projects and services can help reach them faster. Read More...
What Makes a Good IT White Paper Good… and a Bad IT White Paper Very, Very Bad…
A white paper is a document or “brief” (and yes, perhaps unfortunately, I mean “brief” in the sense of something that informs rather than something that is

it spend analysis  Makes a Good IT White Paper Good… and a Bad IT White Paper Very, Very Bad… A white paper is a document or “brief” (and yes, perhaps unfortunately, I mean “brief” in the sense of something that informs rather than something that is short —white papers are sometimes as concise as newspaper editorials, or run as long as the latest “… For Dummies” book; examples of this will be provided in upcoming posts). A white paper’s purpose is to educate the reader, who is the potential Read More...
Innovative IT Consulting
Innovative IT Consulting, LLC is a different kind of IT Professional Services firm. Passionate, caring and hands-on - we help our clients plan and execute ERP

it spend analysis  IT Consulting Innovative IT Consulting, LLC is a different kind of IT Professional Services firm. Passionate, caring and hands-on - we help our clients plan and execute ERP projects that are crititcal to their success and in many cases transform their businesses to take advantage of new business models, processes and plans. We are 100% dedicated to the success of our clients, who are typically mid-sized firms and 'small enterprises' looking to compete, grow and differentiate themselves in Read More...
The Consumer IT Revolution
With the consumerization of information technology (IT), employees are bringing insights and experiences into the workplace, sharing pioneering technology, and

it spend analysis  Consumer IT Revolution With the consumerization of information technology (IT), employees are bringing insights and experiences into the workplace, sharing pioneering technology, and driving business innovation. This report based on a survey of 100 global C-level executives delves into various aspects of the consumer IT revolution. The study findings indicate that it is having a positive impact on both businesses (employers) and internal consumers (employees). Read More...
Sentiment Analysis: Movie Reviews
Sentiment analysis is the method of extracting subjective information from any written content. It is being widely used in product benchmarking, market

it spend analysis  from any written content. It is being widely used in product benchmarking, market intelligence, and advertisement placement. In this paper, we demonstrate the process by analyzing a movie review using various natural language processing techniques. Read More...
BI Analysis in a Nutshell: Lyzasoft
In my previous post, Give BI to the Masses, I wrote about the strategies that have been implemented in some companies to empower more and more users to use

it spend analysis  address other issues. Inevitably, it will also mean there are new requirements to be managed, including new data sources, and new or modified business processes and strategies. There will certainly be more people involved in the BI/business process management (BPM) processes of the organization. From a business perspective, this represents a great change. Speaking of the mass use of BI tools, and part of what I consider another strategy to spread the organization-wide use of BI, recently I had the Read More...

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