Visibility into enterprise spend is only as useful as the analysis applied to it. To derive full value from spend visibility, procurement officers must deploy a mix of analytical capabilities.

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11/15/2010
Best Practices In Sourcing:
Use Spend Analysis to Gain the Visibility that
Drives Higher Performance

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The Formula for Sourcing Success
Visibility + Spend Analysis + Process

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Visibility: Key to Best-in-Class Spend Management
»Today’s economic conditions require nothing less
than best-in-class spend management
»Visibility into enterprise-wide spend is critical for
procurement departments
»Spend analysis delivers the visibility needed to:
»Drive strategic planning
»Refine operational focus
»Improve business results

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Spend Analysis Answers the Key Qs:
»How much am I spending?
»Who am I spending it with?
»In which categories do I spend the most?
»Where are my opportunities for saving more
money?
»Can I achieve better terms of service?

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With Spend Analysis You Get
»Increased savings
»Lower compliance risk
»More spend under management
»Better decisions made with great knowledge and
context

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Contact Us
»33 N LaSalle St
Chicago, IL 60602
Phone: +1 312-201-9600
Fax: +1 312-201-9700
»For more information on BravoSolution’s spend
analysis tool, visit BravoSolution.com.