50 Shades of Pay: Shade 4 – Analyzing Total Spend, Payments by Supplier Type [Plus+]

money in the form of some coins

In our previous ‘shades’ (begin with Shade 1 here), we helped describe a foundational capability: to analyze and make visible how much money has been paid to suppliers. We also discussed how to wrangle the supplier master data that feeds the payment data that in turn, feeds the analytics. Now, in this Spend Matters Plus Research brief, Chief Research Officer Pierre Mitchell explores and classifies the types of suppliers with which you’ve held transactions to analyze your spend – ultimately signaling the shift from spend analysis to supply base analysis.

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