AI & Machine Learning optimizes vendor spend by transforming data from existing financial systems into actionable insights.
- An automated SaaS solution
- No FTEs needed
- Time to value in days
Learn how CXO Nexus is delivering Cost Optimization solutions with Ingram Micro
Optimizing Vendor Spend via AI & Machine Learning
with Ken Male, CEO & Co-founder at CXO Nexus
Learn how 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.
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. The session will highlight how automation delivers real-time spend data and the optimization plays that affords.
"You have real dollar saves - either by cost optimization or cost avoidance."
- Jim Dinan, Global Technology CFO at Nasdaq
Leads a Conversation about using 
"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 Vice President Vendor & Asset Management
Learn more about our partnership with Ingram Micro to deliver Cost Optimization solutions
Inside InCight®
Nexus Automation Engine
Learn how AI, Advanced Analytics, and Intelligent Business Process Management is used to automate your Vendor TruSpend®
Find Us In the App Center
The Reseller Conundrum
Procurement Webinar
Cost Optimization / Quick Wins
Procurement Webinar
Contain Costs with Reliable Data
