
Published: April 28, 2014
Access Level: Premium
Research Topics:
How-To Guide Invoicing & Payments Premium Research Spend Visibility & Analysis
Access Level: Premium
Research Topics:
How-To Guide Invoicing & Payments Premium Research Spend Visibility & Analysis
Analytics are all the rage. And spend analysis is Procurement 101. So, getting some reasonable investment shouldn't be a problem, right? Wrong. The problem with analytics is that the identified value is all “option value.” You don't know how much value opportunity you will uncover with the analytics until you actually perform them (and implement the identified opportunities)! This article, which previously appeared on Spend Matters PRO, gives you ten ways to overcome this Catch-22 problem.