Automate Spend Analysis and Data Cleansing

Published On:
January 17, 2025
Authored By:
APQC
Members-Only Content:

Spend analysis enables procurement professionals to identify the value of spending with key suppliers and to consider whether the organization receives the best value for its purchases. 

From APQC’s Sourcing and Procurement: 2024 Blueprint for Success, this article details the importance of automating spend analysis and data cleansing. These findings are supported by data from APQC’s Open Standards Benchmarking research in procurement and examples from successful organizations.