Some people have asked me “what is a Comprehensive Spend Analysis, and why should I care about it?” Without getting too technical, let me answer these questions.
Spend Analysis is the process of collecting, classifying, and analyzing expenditure data with the purpose of decreasing procurement costs and improving efficiency. In any business, we are looking to improve profitability. To do this, we need to learn the sometimes surprising answers to these 2 basic questions.
How much am I spending?
Where am I spending it?
Now is a great time to start. This is always an extremely confidential process. If you are interested in learning how we can help your business improve profits through a free Comprehensive Spend Analysis, enter your email below or call me today at 706-248-3072.