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“The primary goal was to reduce the number of suppliers and improve the cost structure. In fact, we had about 3,500 suppliers in the company and 70% of those suppliers were responsible for about 20% of the spend. So, supplier consolidation was an important upfront priority."
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“Today, SpendHQ has evolved to a full featured analytics platform that has the distinction of being one of the few spend analysis tools that was built by sourcing professionals for sourcing professionals and that looks at procurement data the way sourcing professionals want to see it. SpendHQ was built by …
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“We see a lot of benefits in terms of having much more transparency on the value that we deliver from hard year on year cost savings, towards cost avoidance, towards delivery projects, also with non-financial.”
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“SpendHQ has a superb user-interface and easy-to-use analysis features that enable our Procurement team members to gain valuable, actionable insights into the spends they manage. The support team has also been very efficient in completing the periodic data refreshes such that the system reflects the most up-to-date information possible.”
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“We are now able to put procurement reports to the Executive Committee each month to show tracking against targets and forecasts. It has raised the profile of procurement in the organisation and has given our teams more visibility and credibility with management.”
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“It allows us to measure not only our savings performance, but helps to provide valuable insights on contract compliance as well as the ability to add new fields to meet emerging requirements and instantly connect these up to our fully bespoke reports.”
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"SpendHQ does not require specialized skills to analyze and present data to our business partners, which is one of the reasons we selected the tool when comparing it to others."
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“The intuitive interface and graphical nature of SpendHQ made it an easy choice for us. We looked at several other tools and none of them measured up to SpendHQ in terms of ease of use or quality of data.”
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"We implemented SpendHQ in a matter of weeks without involving our IT group, and we immediately had outstanding data at our fingertips that provided significant insight into our spending patterns and opportunities to drive savings."
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“The best part of the platform is how it allows us to monitor and track. We know exactly what the cost-savings are, where we can optimize, and how much we are off or on target without waiting to analyze the data for reporting at the end of the year. The …
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"I use this tool a hundred times a week. It makes me look like a rock star – I love it!"
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“For Technicolor Group, the key dimension of strategic sourcing is now project management. The second major axis of our digital strategy is user experience – which is fundamental to guarantee adoption and ensure scalability.”
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“Everyone is really satisfied, especially gaining a true Pipeline Solution compared to our previous solution. The entire integration between Opportunity, Pipeline, Savings and Contracts is valuable. With SpendHQ, we have the right technology to add value to the business, having the right data and the right engagement helps us enhance …
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"We selected SpendHQ because it is the only solution we found that was truly oriented to the needs of strategic sourcing and procurement leaders. We recommend it to all our clients."
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"SpendHQ has truly been a valued partner to us. Their tools have made our team more effective and allowed us to build stronger relationships with stakeholders across the organization. I can’t imagine doing this work without SpendHQ."