Market-Informed Sourcing – How Trade Extensions and Others Go Beyond Strategic Sourcing [PRO]

- December 18, 2014 2:34 AM | Categories: Innovation, Sourcing, Vendor Snapshots

There’s a new strategic sourcing philosophy and capability on the market: market-informed sourcing. In this 2-part Spend Matters PRO research brief, Thomas Kase, vice president of research, explores the concept of market-informed sourcing and where it can take us – past where regular sourcing suites break down (even some of those with sourcing optimization). He also provides an in-depth look at one of the providers making market-informed sourcing a reality: Trade Extensions.

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Prediction 2015: CFOs Rediscover Process Automation

- December 17, 2014 2:22 PM | Categories: Guest Post

Spend Matters welcomes this guest post by Peter Minck, vice president of business solutions at Redwood Software. CFOs and finance departments are always being challenged to streamline what they do. During our work and discussions with global organizations over the past year, we found many manual challenges and repetitive tasks that compromise the effectiveness of finance and accounting teams in many areas. But altogether, no single activity hijacked more effort from finance in 2014 than the financial close.

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Business Intelligence to Transform Procurement