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sponsored by SAP America Inc
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Posted:
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05 Nov 2009
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Published:
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08 Oct 2008
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Format:
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PDF
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Length:
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4
Page(s)
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Type:
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White Paper
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Language:
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English
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ABSTRACT:
Organizations use a combination of tools, general ledger tracking, expense management systems, and business intelligence reporting - along with corporate procurement policies to track and manage costs. Analytic applications can bring this information together with context to provide greater insight, and spend analytics software is emerging as a tool for operational decision making to not only manage costs but also optimize procurement processes. Indeed, IDC estimates that the worldwide revenue for performance management analytic applications - a category that includes spend analytics - will have a compound annual growth rate of more than 10% from 2006 to 2012.
Kathleen Wilhide, research director of IDC’s Compliance and Business Performance Management Solutions program, answers a set of questions in this white paper relating to performance management analytic applications.
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BROWSE RELATED
RESOURCES
Analytic Applications Software | Business Intelligence | Business Intelligence Software | ERP | ERP Software | Procurement | SAP (Product)
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View All Resources
sponsored by SAP America Inc
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