New Aberdeen Research Points the Way to Better Spend Analysis
August 2006
Main article
A key way AP can become a more strategic business partner is to conduct more analysis into the company’s spending. This analysis helps to cut costs, make better decisions, and knock out the competition. The trouble is that the typical company’s procure-to-pay process is so full of holes that effective spend analysis is simply not possible. Fortunately, new research reveals how companies can plug these holes and become best-in-class in terms of spend “visibility.”
2008
