Tame your spend and add visibility with a Data Intensity/Oracle webinar

This sponsored Viewpoint article has been provided by Data Intensity
This webinar story is presented in association with Spend Matters.
Visit https://www.dataintensity.com/ to learn more.

Procurement functions are increasingly tasked with managing and optimizing what are sometimes conflicting objectives in the supply base, including cost reduction, new product/market innovations and reduced risk. As the complexity of supply is increasing for most organizations, a large part of all B2B spend happens without appropriate governance and oversight. Without this, companies are overspending by an average of 20-25% on goods and services needed to run and grow their businesses. Maximum spend discipline comes from having iron-clad purchasing policies and practices across the business and tied to real-time analytics to know when and where to optimize.

CHALLENGES COMPANIES FACE

There are several issues that are preventing companies from capitalizing on potential savings, including:

  • Components of procurement process aren’t integrated or automated
  • Lack of outcome-based, end-to-end process
  • No visibility into procurement across departments
  • Expensive rogue purchasing outside of contract 

SOLUTION

The Data Intensity approach to delivering ROI for our customers is based upon decades of practical experience in architecting procurement and supplier management solutions that tie directly into the supporting business systems and processes in a lifecycle of “Analyze to Settle” methodology.

BENEFITS

Companies can realize an average yearly savings of 18% or more by understanding what they are spending and where, and then managing their purchasing accordingly.

This includes savings of as much as:

  • 6% from better management of risk in your supplier base and reducing supplier management costs.
  • 4% by identifying common products and services to leverage volume buys.
  • 8% by implementing enterprise governance for everything you buy.

Data Intensity is an Oracle Platinum Partner with a focus on Oracle Enterprise Business Systems (EBS) Applications, Oracle Technology Platforms, Engineered Systems, Oracle Cloud Infrastructure (OCI) IaaS, PaaS and SaaS platforms. Data Intensity’s partner investment in supporting the Oracle Portfolio of Applications, Technology and Cloud services is represented by more than 2,800 certifications maintained by our engineering and support staff.

WHERE DO YOU BEGIN?

Join the Live Webinar: Making the Most of Your Oracle Procurement Investments, and the Choices Ahead of You

JULY 16 – 8 a.m. Pacific time/4 p.m. British Summer Time

In this webinar, you will learn about:

  • Leveraging the cloud and machine learning to make sense of spend data.
  • Developing and executing on sourcing strategies through e-tendering / e-auctions.
  • Streamlining supplier qualification and risk management through automation.

Hear from Spend Matters Founder Jason Busch and Oracle’s Mark Peachey, Senior Director of Product Management & Strategy, about the latest technology developments in Oracle’s Procurement solutions and how they relate to procurement solution market trends.

Data Intensity will present some of the scenarios, approaches and ways that companies are using Oracle procurement solutions and these innovations to meet their procurement goals.

Register today!

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