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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 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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“All the contracts signed by the procurement community are now available in [the SpendHQ platform], which enables us to manage all our projects in coordination with our internal stakeholders, and guarantee the recognition of our purchasing teams’ performance. This platform is the cornerstone of the procurement transformation in France.”
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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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"I use this tool a hundred times a week. It makes me look like a rock star – I love it!"
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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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"SpendHQ provides us with the clarity we need to achieve our cost management objectives. It has paid for itself many times over throughout the years and is a valued asset for our team."
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“If I have information first on their spend, I can sit down with them and talk specifically about certain subcategories, certain suppliers, the different brands that we have where we might work with the same suppliers, and bring that into a collaborative environment.”
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“[SpendHQ] is the referring tool to validate procurement actions. It has become a ritual during procurement committees to follow the projects’ progress and procurement performance monitoring.”
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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 able to follow all Procurement projects and have all evidence that the savings have been achieved. They are communicated with full transparency and can be audited by investors and management control."
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"InsideView’s company information, contact data and insights delivered within SpendHQ will help procurement leaders and business stakeholders stay up to date with their current suppliers, enabling their team to be more strategic in their negotiations and improve communication."
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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."