Spend analysis 101: A complete guide to getting started
Does it ever feel like money is flowing like water through your business, slippery and hard to grasp? Without the right tools, it can be just like that. But it doesn’t have to be that way. Spend analysis is a grip, offering organizations a deeper understanding of their financial whereabouts. It's not just about watching where the dollars go; it's about understanding the underlying patterns and the opportunities they reveal for your business. In this guide, we’ll look at all that’s involved with spend analysis, from the basics to the benefits and the challenges of it all.