March 23 - 25, 2020
Omni Orlando Resort at ChampionsGate
DAY 1 - Monday, March 23, 2020 The Future Is Ours: Accelerating Digital Transformation In Your Organization (Practitioner Only)
3:20 PM Panel: Challenging Assumptions On Traditional Spend And Savings Analysis: Does Another Model Make Sense?
As procurement professionals, specifically those within the indirect space, we know that spend data and related reporting takes up a valuable amount of our team’s time. Whether it be explaining to executives why our data doesn’t match the G/L, or is coded differently than the way A/P does it, etc.,
•Side A. The current method is broken. As Procurement professionals we should focus on Committed (Not Actual) Spend
•Side B. Traditional Spend Reporting should continue, and continue to be enhanced/improved upon.