We Optimize IT Vendor Spend Analytics
Using AI & Machine Learning.
Ingesting data, from all your existing financial systems.
Transforming it into one clean streamlined data set.
Using our advanced filtering and sorting options, you can see a breakdown of reseller spend, company parentage, purchasing trends, categorization and more. Giving you actionable insights in minutes.
Ready to See Your IT TruSpend® Analytics?
We are ready to transform your IT Spend Analytics!
Request a demo today.
Maximizing IT Efficiency: Data-Driven Strategies for Cost Optimization
The latest webinar we highlight our effectiveness in uncovering rouge spend, and introduce you to Dale White, our new CXO Nexus Europe affiliate. Dale reveals trends and use cases for European markets. Not only did we demo the product, we also answer some great questions posted by attendees.
Why do we focus on IT Vendors?
IT is often the largest component of SG&A. Vendor Spend makes up more than 50% of the annual IT budget. Yet visibility and transparency into that spend is not delivered by in place financial systems, forcing organizations to resort to manual, point in time, error-prone processes.
< Watch this informative webinar and learn how CXO Nexus' SaaS product CIO InCight solves these pain points, with automation and ease.
"Automating the visibility into our vendor spend, both direct and indirect, optimizes our cost structure.
By ingesting data from multiple systems we have stakeholders spanning the entire organization all working off of CIO InCight.
It has been a game changer."
Shawn Bennett, Senior Vice President Vendor & Asset Management
Enterprises like Nasdaq, Paramount, and Cigna are leveraging advanced technologies to automate (no FTEs required) the cleansing, classification, and categorization of IT Vendor Spend. Outcomes include vendor & supplier consolidation, negotiating leverage, cross-business collaboration, and peer benchmarking.
"You have real dollar saves - either by cost optimization or cost avoidance."
- Jim Dinan, Global Technology CFO at Nasdaq
