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
With its standardized ERP interfaces you can connect the spend cube of SpendControl within a short time frame to any ERP system (e.g. SAP, Navision, Oracle etc.).
Read blog articles about spend management, initiative management and data management in procurement, or other articles from our experts.