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Smart Spend Compliance: Using Spend Analytics to Reduce the Cost and Risk of Non-Compliance

Analyzing how much money you spend (and the value you get from it) is a valuable exercise, both personally and professionally. In a modern enterprise, stakeholders have several terrific goals and policies (which is really just an institutionalized strategy to execute against) and related controls embedded in processes, procedures, and systems.

Goals and processes are great, but does the cash flowing out the door actually align to them? More problematically, does anybody know where the money is going and whether it supports said goals and processes? Might that knowledge even inform and refine them?

The answer should be yes. If it's not, download this paper for some tips and strategies on how to get there.

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