Poor tools for spend control?
Expectations upon procurement departments are becoming far higher, but they seldom have the tools or information to allow this function to work as efficiently as possible.
Sourcing strategies are often undermined by low data availability and an inability to determine off contract spend, pricing discrepancy or even trigger volume or commitment breaks put in place by innovative procurement professionals.
Traditional spend analysis as well as three-way matching are only reactive actions to increase visibility of spend and often only leads to increased workload. With Pagero’s help, you can change this.