Spend analysis or spend analytics is the process of collecting, cleansing, classifying and analyzing expenditure data with the purpose of decreasing procurement costs, improving efficiency, and monitoring controls and compliance. It can also be leveraged in other areas of business such as inventory management, contract management, complex sourcing, supplier management, budgeting, planning, and product development.
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Value |
| dbo:abstract |
Spend analysis or spend analytics is the process of collecting, cleansing, classifying and analyzing expenditure data with the purpose of decreasing procurement costs, improving efficiency, and monitoring controls and compliance. It can also be leveraged in other areas of business such as inventory management, contract management, complex sourcing, supplier management, budgeting, planning, and product development. (en) |
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wiki-commons:Special:FilePath/SpendCube.png?width=300 |
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dbc:Business_terms dbc:Procurement |
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dbr:Process |
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dbo:Election |
| rdfs:comment |
Spend analysis or spend analytics is the process of collecting, cleansing, classifying and analyzing expenditure data with the purpose of decreasing procurement costs, improving efficiency, and monitoring controls and compliance. It can also be leveraged in other areas of business such as inventory management, contract management, complex sourcing, supplier management, budgeting, planning, and product development. (en) |
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Spend analysis (en) |
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freebase:Spend analysis wikidata:Spend analysis https://global.dbpedia.org/id/4vKGe |
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