Why Your Spend Management Solution Doesn’t Deliver Real Business Insight

Manufacturers are continuously looking for new opportunities to control and reduce costs without impacting quality and supplier performance. To do so, procurement executives rely heavily on spend management programs to give them the insights they need to make smart decisions.  This paper reviews the spend management challenges faced by today’s manufacturers and explains the features that companies should look for when choosing an integrated global spend analytics solution. It also outlines the business benefits that such solutions can deliver.