“[A] procurement solution must allow managers to measure the purchasing activity, analyze it and draw the right conclusions.”

Vishal Chouhan, COO of SynerTrade North America

Before procurement had Spend Analysis solutions at our disposal, every question about historical purchasing activity led to unthinkable manual work or a big question mark. Now that we can centralize, cleanse, and normalize data for analysis - often with the assistance of tailor-made automation – many of us have stopped thinking about what life was like without it. But not all spend analysis is up to the task.