Fuel Spend Analytics With Fast, Accurate & Flexible Data Insight
As global enterprises continue to face increasing complexity and market volatility, procurement professionals are turning to data-driven analytics and insights to help manage uncertainty, gain a better understanding of suppliers and third parties, and fuel growth. They need faster access to more intelligence to understand what they’re buying, so they can maximize cost savings and reduce their risk. The speed, accuracy, and scope of spending analyses are critical to managing the business and spurring growth. To do so, Chief Procurement Officers (CPOs) will need to evolve their thinking and find innovative solutions to their biggest challenges, and implementing digital solutions will be a crucial component.
Spend analysis solutions have been available for close to two decades, and the ability to manually harmonize data sources early on was considered revolutionary. Data quality and governance issues still vexed professionals, because these processes were time consuming and labor intensive. However, some early adopters began to achieve cost savings with these first-generation solutions, which gave them a peek into the possible.
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The B2B Data Activation Priority - Mature Firms Reap Benefits Of Data Activation
In December 2017, Dun and Bradstreet commissioned Forrester Consulting to evaluate data activation among B2B sales and marketing teams. To explore this topic, Forrester conducted an online survey of 500 respondents with responsibility for or influence over their customer and prospect data strategy or management. We found that while all firms face significant challenges in converting their data into actionable insight, a portion of respondents who are using more mature data practices are seeing significant impact across marketing, sales, and cus ...
B2B Advertising & Marketing Outlook
Today’s marketers no longer question whether programmatic technology is the right way to purchase digital advertising. Online campaigns—using display, mobile, video, content and other digital media—are now bought and sold almost exclusively using platforms that pair customer data with ad inventory for better targeting at scale. There may be negative press about the quality of programmatic and there have been instances where leading brand marketers decry the current state of digital advertising, but there is little doubt that automated ad buying ...
Seven Key Habits of Successful Finance Leaders
Finance leaders have a unique role to play in helping their organizations navigate a fluid business environment. Thanks to their exposure to the inner workings of every facet of the business, they are positioned to harness insights and make connections that no other single role can match.
But not all finance leaders are created equal. To survive and thrive in today’s economy, a successful finance leader must develop professionally in order to stay on top of the needs of their organization, prepare for the future, and help their own team impr ...
5 trends for CFOs to watch!
Modern senior finance professionals need to think strategically about how digital transformation and process improvement can positively impact their finance teams — and ultimately the business — several years down the road. To be tactical partners with business leaders and the C-suite, CFOs need to be continually scanning conditions ahead to help the company succeed during rough seas or calm waters and meet rapidly evolving market conditions as well as changing customer, employee, and investor demands.
This white paper outlines five current ...
Taxable benefits – what are you missing?
Managing ever changing employee benefit tax regulations can incur a high cost for businesses but it’s not a spend management step you can skip — and with automation you don’t have to.
With the prevalence of hybrid working, changes to business travel and an increasingly competitive labour market, spend management goalposts are continually shifting. Benefits that were once considered peripheral are now commonplace. Travel managers have to deal with new benefits categories outside of the usual travel related expenses. Manual processes that used ...