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Spend analysis is the systematic process of reviewing and assessing an organization’s spending patterns to uncover potential waste areas or savings. The process of spend analysis typically follows four distinct stages. Data collection, data cleansing, data analysis, and reporting are four stages. This article will explore what are the 4 stages in spend analysis and […]

This article discusses what strategic sourcing is and how is it linked with spend analysis and explores its relevance to spend analysis.

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Explore and unlock the transformative role of AI in Contract Management. [...]