Downloads: Procurement Research

Everything You Always Wanted To Know About Your Spend Data

Spend Matters - Free Research Download

In this briefing paper we take a look at how spend analytics, and smart and creative use of the source data, can help organisations answer some of those tricky, complex, or even embarrassing questions relating to procurement expenditure. We look at questions such as: How do I get to the bottom of tail spend? and How much corruption really goes on my organisation?

Fix the Tail to Propel Procurement: Attacking the Tail Spend Problem in B2B

Spend Matters - Free Research Download

Over the last 12 months, an increasing number of procurement organizations have come to Spend Matters asking how to solve their “tail spend problem.” The issue is simple to grasp — figuring out how to handle the 85%–90% of suppliers that constitute only 5%–10% of spend without consuming the majority of the procurement staff’s time — but far from easy to fix. To better understand the problem and determine the best solutions, we conducted a research study on how companies are addressing tail spend.

Demystifying Artificial Intelligence in Procurement

Spend Matters Video Content - Webinar Replay
In this 60 minute webinar, KPMG and Spend Matters provide an overview of how AI is already shaping and supporting procurement, and what’s in the works at early stage adopters.

The Evolution of Corporate Procurement Systems

Today’s corporate procurement systems operate similarly to the way people shop at a supermarket. Users make all purchase decisions individually, decide which aisles to go down, compare products, place the items they want in their shopping cart and pay for them at checkout. At the end, the user will have had a good or a bad experience and will decide whether to frequent that supermarket again. Corporate purchasing has similarly become a self-service activity. And just as in supermarkets, providing a successful shopping experience is key for getting people to use a purchasing system consistently. While this evolution in corporate procurement would not have been possible without the foundation laid by ERP systems, these technologies have not evolved to accommodate this new style of purchasing. This is why e-procurement solutions exist. These solutions are capable of tackling new procurement challenges and providing successful purchasing experience in complex scenarios for organizations with multiple ERP systems; dozens of offices; hundreds or thousands of employees; transactions in multiple currencies and languages, mobile, and automation requirements; and, critically, the need to analyze, control and optimize all organizational spend. Download this white paper and explore what is required from e-procurement solutions to succeed in the era of evolved corporate procurement and our predictions for what the e-procurement solution of 2020 will require.

The Future of Procurement Demands Smarter Spend Analytics: Here’s Why

Unfortunately, for most procurement organizations, the intelligent procurement scenario seems like science fiction and disconnected from their world of simply trying to see how much money they spend with suppliers at an actionable level. How do you go from Excel to machine learning? This paper can help you begin to bridge the gap.