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An accurate view into a corporation’s full spend data is imperative in a fast paced, global world. As a procurement professional, how do you manage all the moving parts? How do you identify cost savings? How do you ensure payment terms are being accurately managed? Multiple ERP systems and inconsistent data are just some of the things that can wreak havoc on your day-to-day functions. When identifying a spend analysis solution, you must select one that will grow and be as flexible as your business needs it to be. You must consider the global impact on your organization’s spend, and you must find a solution that is fast, is easy to implement, and will stand the test of time.
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