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To understand how some of the most successful strategic sourcing programs gain credibility within their organizations with automated spend analysis, we spoke to practitioners, consultants, software vendors, and end users to provide a cross-industry perspective on best practices, pitfalls to avoid, and next practices for success. This teleconference includes an overview of the best practices we identified with the highest return, like the importance of managing the initiative like a real project — not just an ad hoc reporting exercise; planning for multiple iterations of refinement; implementing an airtight change control program; and ensuring adoption with continuous improvement.
Agenda:
Vendors mentioned: Ariba, BravoSolution, Emptoris, Endeca Technologies, Enporion, Global eProcure, Quadrem International, SAP, and Zycus
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Forrester estimates that only 13% of the companies that have implemented eSourcing solutions have also rolled out automated spend analysis. At a time when vendor consolidation and cost cutting is paramount, why isn't there higher adoption of a tool that c