Uncovering Technology Service Savings Is Now as Easy as Using Google
When you Google something, have you ever wondered how it can provide specific results for you to explore? The answer is semantic technology, specifically the famous Knowledge Graph in the case of Google. The main goal of semantic technologies is to help machines understand data, and they are now enabling an evolution from simple relational database […]
A Complete Guide to Procurement Analytics
Resilient supply chains and processes are more critical than ever. But how can your procurement department put this into practice? One of the best ways to improve processes is to invest in the power of data with procurement analytics. Many chief procurement officers (CPOs) do not have the technology to leverage data. A study found […]
What Are the Benefits of Using AI for Procurement?
Artificial intelligence and its many potential applications have long been a much-loved concept. This is true both in science fiction and theoretical models. Only recently have we begun to see the future of these possibilities take shape as a reality instead of a fantasy. The estimate is that AI for procurement will increase business productivity […]
Future of Procurement in the Digital Age
We have reached a point where technology innovation has enabled an advanced new approach to procurement. This has come at a crucial moment for enterprise companies, with organisations now routinely spending more money on technology services than on goods. Massive complexity, poor data quality, and ineffective cataloging of contract and invoice information is causing companies […]
Why You Need Spend Management Analytics in Digital Procurement
How do you reduce procurement costs, improve efficiency, and track and control workflows? The answer: Spend management Over the years, spend management has evolved into a continuous, comprehensive approach. This goes a long way to keeping your business in check and improving your bottom line. Since Covid-19 first emerged, procurement organizations have faced a barrage […]
What is the Role of Contract Value Intelligence in Spending Analysis?
Understanding what truly constitutes contract value intelligence (CVI) is a crucial starting point for strategic cost management, expense management and enterprise spending analysis. Telecom or technology contract value can be determined by the quality of the service in relation to your overall technology and telecoms spend, which you must be aware of to determine whether […]
Gain More Value From Your Enterprise Spend Using Contract Intelligence
What is telecom contract intelligence? We’re creating new activities in your Source to Pay life cycle that unlock hidden value and deeper insight into your supply chain. Once the domain of consultants performing one-off reviews, this can now be done in minutes by our intelligent analytics platform. Why use it? Discover budget efficiencies that can […]
How to Overcome Procurement Challenges? Use Spend Management Analytics
Gain control of your enterprise spend management through our defined use cases for digital procurement analytics. “We were aware there was issues with our Telecom spend and we weren’t getting the total value from our supplier contacts, but we did not have a flow of good data and struggled to make sense of what data […]
Why is Technology Expense Management Complex?
Enterprise organizations have been striving to adopt wide ranging emerging technologies including technology expense management providers and telecom expense management software throughout recent history, meanwhile contract value management, contract value intelligence and enterprise spend analysis practices have also been gaining momentum. However, a growing problem exists, the complexity for enterprises to efficiently manage technology expenses […]
Optimizing Enterprise Telecom in Digital Transformation
Enterprise telecom expenditure and strategic cost management is still quite a niche subject once you get into the detail of it, but the rise of Digital Transformation and Digital Procurement means it is quickly becoming a focus area for many enterprises. From a data perspective, it overlaps all the services that make up the essential […]
