White Paper: SciQuest
A strategic spend analysis solution will allow your organization to identify what data is important to collect, and will then enable actionable business decisions based on that data, including a forward-thinking sourcing roadmap.
Having the right spend analysis tools can help your organization to get an accurate view of your spending, your suppliers, and opportunities for improving your sourcing and procurement activities.
The importance of collecting all data within your organization to leverage a business-driven, actionable plan
How to improve the sourcing and procurement activities of your spend data and spend analytics
How to make more informed decisions about your spend analytics and sourcing activities
How visible and accurate data can help drive a strategic sourcing pipeline that is more forward-thinking instead of reactive
What are the elements that are important and should be considered to properly develop the sourcing roadmap
In this fast-moving and highly competitive global marketplace, how procurement and sourcing organizations communicate, collaborate and transact with their internal stakeholders and external trading partners and the enabling technologies and platforms that they utilize will take on increasing importance to overall business operations and bottom-line results. This whitepaper highlights the impact of today’s progressive solutions as well as those that are emerging across all relevant sourcing and procurement processes. Key takeaways from this whitepaper on sourcing and procurement: Procurement Playmakers: Agile and Innovative The State of Procurement Technology Primary sub-process areas that drive all sourcing activity Key Technology Trends: The Evolution Continues The Future of Procurement Analysis: Happening Now
By: Bellwether Software
Purchasing automation eliminates bottlenecks, increases buying power, reduces cycle time, improves inventory management & reduces rouge spending. If your purchasing cycle is automated, the company can expect an improved bottom line, positive impact on corporate spend and purchasing decisions. This whitepaper discusses about how and why to assess purchasing automation savings & solutions. It highlights: Purchasing process flow quickly reveals inefficiencies Boost profits by automating your purchasing functions Guidelines for evaluating software options The future of purchasing and supply Purchasing, a vital company function Within the purchasing function, business has a great opportunity to implement cost reduction in a major spend area and move into the 21st century. If you have not yet automated your purchasing function, now is really the time.
What is Business Intelligence ?
Business intelligence is a technology-driven process in which variety of software applications are used to analyze organization’s raw data and presenting the information in actionable format so executives and business leads can make better decisions looking at them. Although business intelligence has some common functions, it includes three basic functions: data mining, data analyzing and data processing.
What is Data Management ?
Data management is the development and execution of policies and procedures in order to manage the information lifecycle needs of an enterprise ensuring the accessibility, reliability, and timeliness of the data for its users. Data Management enables organizations and enterprises to use data in: Organizing the enterprise data, Storing and preserving data for future re-use, Making data ready to use anytime, Share data with colleagues
What is Business ?
By definition a business is an organization or economic system with consistent and typical exchange of produced goods and offered services for one another or for money to fulfill human needs. Types of businesses, Non-Profit business: This is a type of business with charitable or educational goal rather than earning money from its services.