Spend analysis is the process of gathering, cleansing, aggregating, categorising, and transforming company spend data, that provide procurement, with the insights that drive value, innovation, efficiency, effective sourcing with risk mitigation. Analysis that gives procurement the foundation and data support, to make faster, better, informed decisions, that are aligned with the company & procurement objectives.

Procurement, Supply Chain, Purchasing, Finance, Direct ProcurementEdward McGeachie31 August 2020data, supply chain, spend analysis, opportunity assessment, Procurement Spend, data preparation, spend analytics software, spend analysis software