spendmatters
 

February 09, 2012

 

Spend Matters Sponsor
Spend Radar

Spend Matters Analysis: In less than a year since its official launch, Spend Radar has succeeded in capturing a number of the largest professional services firms and global procurement teams in the Fortune 500 as clients (not to mention boutique services firms and middle market companies as well). All of these organizations turned to Spend Radar to achieve more effective visibility into their spending data through a new classification and data management approach that places emphasis on transparency, flexibility, affordability and speed -- but not at the expense of accuracy. Our early interviews and research suggest that Spend Radar users are able to accurately classify and manage larger percentages of spend than they were able to achieve in previous efforts lasting quarters and years (vs. weeks and months). Spend Matters believes that the rapid launch -- <12 months from initial development to significant customer traction -- and growth of companies like Spend Radar continues to prove that innovation is alive and well in the procurement technology market.

Sponsor Description: Spend Radar is a leading software technology company focused solely on conquering the challenges of spend analysis and spend management. Spend Radar was founded to overcome many of the challenges that previous generation spend analysis and data classification solutions fail to address in a complete or optimal way. Our entire focus is to help any organization working with spend or supplier-related data to take action more quickly and effectively, significantly reducing the time spent to create actionable analysis. By enabling organizations to gather and structure complicated, distributed and diverse sets of information in a completely new manner, Spend Radar sets a new standard for data management. Spend Radar customers achieve greater savings faster.

Spend Matters Analysis:

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