Spend Analysis: Observations on a Fast-Evolving Market [Plus Content]
It can be very difficult for companies currently evaluating spend analysis solutions to directly compare providers. The offerings are just so different. Our advice to potential users is to divide the landscape into a handful of potential buckets and evaluate the classes of tools that make the most sense for individual needs (and that could be multiple tools within one organization to address different needs). We’ll share our suggested segmentation in the next installment in this series. But today, we’ll dive into exactly what spend analysis is…and isn’t.