eng
About   |   Newsletter
Demand & Supply Chain Management Evolution


     
Document Detail
Language: English
How the Best-in-Class “Strike it Rich” with Spend Analysis
 
 
 

Company: Ariba
Tag:



An Ardent Partners Report

High-performing procurement organizations know achieving best-in-class starts with asking the right questions. Questions like . . .
- What are we buying?
- Who are we buying it from?
- How much are we spending?
- Where are the opportunities for saving?
- In which categories do we spend most?

That’s just the beginning. According to Ardent Partners, best-in-class (the top 20 percent performers in their market) take it a step further by using automated spend analysis tools across the entire source-to-settle process, a solution common to 60 percent of these performers. And what do they accomplish more than other enterprises?
- A nearly 70 percent higher rate of spend under management
- A nearly 40 percent higher rate of spend strategically sourced
- A 37 percent higher percentage of on-contract spend

Talk about striking it rich. Download this report to learn how you can do the same.

 

 





read the full document >>
(external link)
  
 

 

  
Consult Ariba Documents in:
  French  German  Portuguese  Spanish

Other Documents of
ARIBA
in English :

2014 IWA Benchmark Report

Becoming a Best-in-Class B2B E-Commerce Giant

Best Practices in eCatalog Management

Building the Networked Business of the Future

Business Networks: The Next Wave of Innovation

Collaborate to Win: Creating Competitive Advantage in a Networked Economy

Collaborative Commerce for Dummies

Collaborative Supplier Networks

CPO Rising 2015: The Agility Agenda

CPO Rising: Convergence

Digital Evolution in Consumer Durables Supply Chain and Strategic Procurement Processes

Digital Evolution in Fast-Moving Consumer Goods Supply Chain and Procurement Processes

Doing Business the Data-driven Way

E-Invoicing/E-Billing: Key Stakeholders as Game Changers

E-Payables 2014: The Quest

E-Payables 2015: Higher Ground

Electronic Invoice Management

Emerging Strategies and Best-in-Class Performance in B2B Payments

European E-Invoicing Survey 2012 Findings

Five Characteristics of World-Class Procurement Organizations in 2014

How to Boost Your Bottom Line by Integrating Procure-to-Pay Processes

Improving User Adoption and Contract Compliance with Your Existing Procurement Platform

Lighting Up the Procurement World

Maximizing Your SAP® ERP Investment

Mitigate Supply Chain Risk with Collaboration and Visibility to Achieve the Perfect Order

Modernize Your B2B Payment Processing

Networked Resource Management: The CIO’s New Philosophy

No Business Is An Island

Open Networks: Essential Requirements for Global Business Commerce

ProcureCon Indirect 2015 Benchmarking Study

Procurement’s Growing Role in Managing Business Travel

Selecting the Right Network Using a Total Cost of Ownership Approach

Simplifying Resource Management with Business Networks

Source to Settle: Why It Is Time to Connect the Last Mile

Supply & Demand Chain Executive Special Issue

SWOT Assessment: Ariba Network

The Agility Agenda for Procurement

The Direct Approach - Finding new value with direct procurement

The Future of Business Supply Chains: How companies are using data and analytics to make their supply chains more connected and agile

The Future of Contracting

The Future of Procurement: Executive Overview

The Rewards of Best-in-Class Contract Management

The Rewards of Best-in-Class Risk Management

Three Ways to Close the Loop in Your Source-to-Settle Process

Travel and Expense Management Technology Insight Report

Understanding E-Procurement, Part 1: Quantifying the Benefits

Understanding E-Procurement, Part 2: Critical Success Factors

Using Technology to Streamline Tactical Sourcing

Vision 2020: The Future of Procurement

VISION 2020: Welcome to the Future of Procurement

VMS: The Nexus of Contemporary Contingent Workforce Management