How to Justify Spend Analysis to Finance/IT When There’s No Clear ROI (Part 1) [PRO]

Analytics are all the rage. And spend analysis is Procurement 101. So, getting some reasonable investment shouldn’t be a problem, right? Wrong. The problem with analytics is that the identified value is all “option value.” You don’t know how much value opportunity you will uncover with the analytics until you actually perform them (and implement the identified opportunities)! This article is designed to help you overcome this Catch 22 problem – we’ve prepared ten strategies to help you get the ball rolling with IT and Finance (even if the ROI isn’t clear).

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