Closed loop spend analysis
INDUSTRY WHITEPAPER

How Closed-Loop Spend Analysis Drives Procurement Transformation

Spend analysis uses spend data to identify opportunities to manage costs, improve compliance and optimize eprocurement processes.

Many organizations execute spend analysis, spend mapping and spend analytics in one form or another to ensure their organization is competitive in terms of price, volume and other specifics related to source to pay initiatives.

Spend analysis drives procurement transformation

For many organizations, there are untapped benefits for more expanded use of powerful spend analysis processes and toolsets to impact their procurement outlook. A more holistic and frequent analysis of spend uncovers savings opportunities well beyond the “low-hanging fruit” identified in an initial spend analysis.

 

Discover how your company may have the opportunity to unlock more sustainable savings opportunities with spend analysis. To get your free copy, simply complete the form.


About the Author

Jim_Wetekamp.jpg

Jim Wetekamp,

CEO, BravoSolution

Jim was appointed CEO of BravoSolution in October 2014. He is responsible for driving the company’s strategy and execution. Jim joined BravoSolution’s corporate leadership team in 2008 through the acquisition of VerticalNet. He brings over 15 years of technology and procurement industry experience. He previously served as BravoSolution’s Senior Vice President of Product Strategy focused on extending the company’s technology leadership and new market growth opportunities. Jim holds a B.S. in Accounting from Indiana University.