What measures the project success measuring?
To be able to measure the success of a procurement project, it is necessary to determine a realistic target value as a goal in advance. With the aid of a variance analysis, the success of the project can then be measured. Numerous factors play a role that should be included in the evaluation:
- Budget savings
- Successful negotiations
- Development of market prices
- Currency effects
- Quality aspects
Spend Control 2021
Spend Control is a complete Procurement Controlling and Spend Management solution. It provides all functions, KPIs and measures needed for professional Spend Analysis.
With its standardized ERP interfaces you can connect the spend cube of Spend Control within a short time frame to any ERP system (e.g. SAP, Navision, Oracle etc.).
Here you will find important terms related to spend management explained in a clear way. Small knowledge base for quick information or in full for your further education. This controlling glossary is constantly being expanded and improved.
Read blog articles about spend management, initiative management and data management in procurement, or other articles from our experts.