Procurement Savings Tracker and Procurement Spend Analytics App

Since the pandemic has impacted the global economy, procurement cost savings have become the center focus for CFOs. Strategic sourcing managers, procurement managers and other experts are managing the projects that are focused on reducing organizational expenditure. This task is much more complicated and challenging than it sounds to be. Strategic Sourcing project management has become a much more essential and critical activity over last few years. The primary focus here is to effectively manage the projects in such way to deliver cost savings or other procurement or supply chain improvements on time as planned. This demands a deep and thorough analysis of the spend data of every department of an organization. The corporate world has come up with multiple digital solutions for strategic procurement that help with reducing organizational expenditures, improving cost savings and more efficient project management. Several web applications in the market have given procurement cost-sa