SpendHQ: Enabling World-Class Procurement Transformation

One word dominates modern procurement: complexity. The scope of work for those in the profession has expanded well beyond sourcing and control, encompassing strategic responsibilities for areas as broad as innovation and transformation, compliance and regulation, and risk and sustainability. 

To deliver measurable impact in this environment, CPOs and their teams need unmatched visibility and accountability, actionable insights powered by well-managed data, and the kind of simplified reporting that drives effective strategic decision making. 

It’s here that SpendHQ, the leading best-in-class provider of innovative procurement intelligence solutions, excels. The company was created to help advance procurement teams by offering a centralised system for the classification of all spend data, as well as managing the entire sourcing project pipeline and results.

Enabling strategic procurement

“We have a unique proposition, comprising two SaaS solutions, that provides a full procurement platform to enable successful transformation,” says Shannon Wegner, Strategic Account Manager at SpendHQ. 

“Our Spend Intelligence solution provides spend analytics, giving critical visibility into organisational spend across all raw spend data. Performance Management is a strategic project management tool that helps teams put data and insights into action. It identifies opportunities, tracks and manages projects, and acts as an intelligent procurement control centre.”​​​​​​​

To read the full Best Buy's report, click HERE.