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Improving the Accuracy of Spend Analysis through Data Quality

PublisherDataFlux
Format PDFDate added30 Apr 2009
Topics Data Quality, Database Management, Database Applications, Knowledge and Data Management
Downloads529

Organisations can spend as much as 60 percent of revenue to acquire the goods and services necessary to conduct business. Procurement professionals are being asked to reduce the organisation's overall spend, while simultaneously improving supplier collaboration. Companies now realise more than ever the effect of procurement strategies on their profitability and viability. Poor-quality product data creates difficulties in controlling the costs of production, promoting the productivity of the company, and the delivering finished goods. This white paper offers practical advice on how data quality technology can be used to address these issues.

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