CVM Spend Intelligence

	Overview
	Spend Intelligence
		Supplier Data Enrichment Services
		Spend Analyzer
	Supplier Relationship Management

SPEND INTELLIGENCE

CVM Spend Intelligence:
Accurate supplier and spend data in minutes

Procurement organizations are drowning in data, but little of it is actionable. What you need is insight, not information. Building spend intelligence is a critical first step to developing actionable insight that drives the best possible decisions throughout the organization. Identifying new commodities for sourcing initiatives, suppliers who are not complying with contract terms, supply chain risks, or breaches in policy — all are opportunities to reduce costs, streamline processes, and improve compliance.

Supplier Data Enrichment Services
The highest quality supplier information in terms of accuracy and breadth on over 30 million businesses around the world — including diverse and small businesses.

Spend Analyzer
A powerful yet simple-to-implement platform that collects, cleanses, and analyzes spend data from all transactional systems throughout your organization.

“The answer to successful spend intelligence lies in ‘auto classification’ of data, especially in how accurately it can classify spend, how learnable it is for key users to act on the intelligence it generates, and how often it can generate the data an enterprise needs in order to act.”

— Aberdeen Group