Improving cost efficiency through spend analytics

Improving cost efficiency through spend analytics

Yorick Plouvier Blog, Technology

Spend analytics is the process of collecting, cleansing, classifying and analyzing data, helping to gain visibility and transparency into spend data, tracking procurement and financial performance metrics, and to providing actionable insights.  Companies perform spend analysis for several reasons, the core business driver for most organizations being profitability. In addition to improving compliance and reducing cycle times, performing detailed spend …

Consultancy.uk: 4C Associates boosts procurement services with Scanmarket partnership

admin In the press

London-based procurement consultancy 4C Associates has announced a partnership with Scanmarket, one of the world’s premier providers of software solutions for sourcing. As part of the alliance, 4C Associates, which becomes Scanmarket’s tenth major consultancy partner, consultants of 4C Associates can leverage the technology in engagements to the benefit of the firm’s clients. In a bid to enhance its cost …

Enabling transparency, control and EBITDA growth through procurement technology

Enabling transparency, control and EBITDA growth through procurement technology

Jeremy Smith Blog, Private Equity

Mid-market private equity owned organisations usually have a short history of rapid growth or intensive merger & acquisition / bolt-on activity. Their next phase of growth is usually based on product or regional expansion and whilst investing in this approach it is vital that cost control is not forsaken. If, and it will be a nice problem to have, growth …

How procurement can drive internal collaboration

How procurement can drive internal collaboration

Mark Ellis Blog, Procurement

4C Associates’ Mark Ellis examines how procurement can reap the benefits of joining forces with other functions within the enterprise. When it comes to driving and extracting value within an enterprise, much is made of the need for procurement to work more closely, collaborating and partnering with key suppliers. However, there are many examples of organisations which have invested in their …