Category Archives: Technology

2015 Spend Matters Prediction: Configure to Your Heart’s Content

- December 16, 2014 6:24 AM | Categories: Analysis, Technology

Our next 2015 prediction: Configure! Configuration as part of solution deployment in a SaaS/cloud environment is becoming more commonplace than software-centric, code-level customization (mirroring trends in procurement technology adoption, generally). But configuration is more than just about software and accepting some outside standards as best practice as a starting point.

more ▸
 

50 Shades of Pay – Shade 10: Giving the Car Keys to Those Who Own the Cars

- December 4, 2014 2:27 AM | Categories: Spend Analysis, Technology

In this latest edition of our 50-part analytics series, we deal with the topic of letting business users analyze their own spending. This might seem obvious, but too often spend analysis tools are developed or purchased by procurement power users looking to do strategic sourcing rather than a broader set of business users, with many of them being casual users who actually own the spend. Certainly, business user should be brought in early as part of a spend analysis requirements definition and solution evaluation, but we have waited until the tenth part of our series because we do find that many procurement organizations do hold off until they have built out a reasonably solid-to-spend cube at the line-item level (by supplier, category and cost center) before they really start turning over the keys of the spend analysis tool to the end users for their own inquiries.

more ▸
 

AWS Unveils Simplified, Flexible Pricing for Cloud Services

- December 3, 2014 2:15 PM | Categories: Cost Management, Guest Post, Technology

Spend Matters welcomes this guest post by Jeff Muscarella, EVP, IT Spend Management Services at NPI, a spend management consultancy, focused on eliminating overspending on IT, telecom and shipping. The cloud pricing war between Amazon Web Services (AWS) and Google just intensified. Yesterday, AWS announced new pricing options for its Reserved EC2 Instances (RIs) in what appears to be an effort to secure a more steady revenue stream for its business while providing more pricing flexibility to customers.

more ▸
 

Procurement Technology Stocks Continue to Disappoint

- December 3, 2014 2:41 AM | Categories: Procurement, Technology

Our 2014 stock portfolio is now into its final month of the year, so let’s have a look at how it performed in November. Remember, we have taken an imaginary portfolio of 21 publicly quoted firms, each with a significant interest in the procurement- and supply chain-related world. We constructed our master index, as a weighted basket of their stock prices, and then Jason Busch and I each chose a personal portfolio from among those stocks, using an imaginary $1 million each. Jason selected just 8 firms, whereas I spread my risk with 14 different choices making up my portfolio.

more ▸
 

For IT Hardware Savings, Look at Services and Support – More on the Accenture Q3 2014 Spend Trends Report

- November 25, 2014 2:49 AM | Categories: Suppliers, Technology

CIOs – and more recently procurement executives – have been chasing IT hardware cost savings for years . Having been involved in IT sourcing projects earlier in my career – actually for a large OEM – I can attest to the often advanced market design elements that goes into the typical sourcing or category decision involving large hardware buying efforts. But might services be a better place to look for savings? Accenture's recent Q3 Spend Trends Report suggests that the opportunities for savings from third-party hardware maintenance are often significant – and have not necessarily been fully explored.

more ▸
 

Choosing Procurement Technology – Where Maturity Meets Solutions

Selecting procurement technology that grows with an organization as it matures is no easy feat. This Spend Matters brief, Part 2 in a series on the topic, explores how to think about evaluating and selecting procurement technology that “grows with you” based on the typical technology needs and buying criteria for procurement organizations at different stages of maturity.

more ▸
 

Mobile Procurement and the Local Fresh Food Market

- November 21, 2014 2:23 PM | Categories: Guest Post, Technology

Spend Matters welcomes this guest post from Vroozi. Mobile procurement provides many advantages over more old-fashioned, rigid ways of conducting business supplier transactions. Among the many advantages of mobile procurement is the ability to quickly and efficiently procure the newest items. When you own a local fresh food market, this is more than half the battle.

more ▸
 

Is Your Firm Overpaying for High Bandwidth Capacity?

- November 20, 2014 2:30 PM | Categories: Guest Post, Price Forecast, Technology

Spend Matters welcomes this guest post from James Martino, CEO of Avotus Corporation. Avotus Corporation’s data and analysis indicates that procurement professionals can drive savings for their firms via network migrations, which capitalize on both technological evolution and declining prices for broadband services. Dynamic technological changes are driving migration within the classic telecom network to a more simplified and streamlined packet-based architecture. Integrated voice and data networks are now able to drive corporate savings, while simultaneously advancing a more feature-rich and flexible environment.

more ▸
 

Microsoft Unveils User Subscription License for Windows

- November 19, 2014 2:08 PM | Categories: Guest Post, Technology

Spend Matters welcomes this guest post from Forrest Silverman, Director of Client Services at NPI, a spend management consultancy focused on eliminating overspending on IT, telecom and shipping. It’s no secret that trends in mobility and BYOD have tested Microsoft’s licensing models. But the vendor appears to be tackling the challenge head on with new options for volume purchasers. Recently, Microsoft announced Enterprise Cloud Suite (ECS) – a subscription-based, per-user licensing option for its most popular productivity services.

more ▸
 

Accenture Spend Trends Q3 2014 – Summary Analysis

- November 18, 2014 2:23 AM | Categories: Analysis, Commodities, Learning / Research, Spend Analysis, Technology

file6321238876778 The latest Q3 2014 Accenture Spend Trends report is out. My old friend Mark Hillman is the lead author of the quarterly study (Mark is currently manager of insight and analysis at Accenture Operations). This months’ study highlights category trends in a range of areas – logistics, IT, marketing and media, corporate services, travel, CAPEX, commodities/base materials, MRO and energy. It also provides a macro-overview of the current state of the economy.

more ▸
 

Zycus Horizon Dispatch 6 – Dawn Evans on Social Media and Procurement

- November 11, 2014 1:23 PM | Categories: Conferences, Technology

At Zycus Horizon this morning, Dawn Evans woke everyone up (literally) by making us stand up, stretch and then, ironically, turn over or off our smartphones before she started her presentation on social media and procurement. Dawn does a great job relating procurement to the everyday – something I’ve aspired to do personally, but always come up short. By drawing analogies between the rise of Facebook, greater choice in healthcare delivery and other examples, she attempted to shake up the audience that disruptive change is real and we need to be ready.

more ▸
 

Take Control of IT Support Renewal Costs – It’s Worth the Effort

- November 5, 2014 2:18 PM | Categories: Guest Post, Technology

Spend Matters welcomes this guest post from Gregg Spivack, Director of Client Services at NPI, a spend management consultancy, focused on eliminating overspending on IT, telecom and shipping. IT support renewals don’t typically get a lot of love. The majority of companies go quietly into the night come renewal time, or enter half-hearted negotiations to get, at most, a 3% cost reduction. Meanwhile, support costs are eating up more and more of the IT budget. So, why aren’t IT and sourcing organizations paying more attention?

more ▸