2020 Procurement Webinar:

The Importance of Reliable Data to Contain Costs in Uncertain Economies

  • Prior to CXO Nexus our buying power was diluted

  • We now have the needed visibility to find optimization plays

  • Normalized, cleansed and connected data becomes actionable data

  • It is a game changer to have a tool like CXO Nexus

  • Procurement is now a trusted advisor to the business

  • We now have a seat at the table

  • Rogue/Maverick Spend creates lost opportunities

  • A true view of vendor spend allows for fact-based conversations

  • We can now course correct

  • CXO Nexus restores integrity to the data

  • Enrichment provides a complete view to make better business decisions

  • One-off deliverables like a “spend cube” don’t resolve the issue

  • Drilling into both direct and indirect spend reveals actual OEM spend

  • Plus a view of all of the vendors’ different subsidiaries

  • A holistic view of the topline we have not been able to see before

sap_ariba_logo
vsp-logo-white-transparent
Play Video

download the webinar slides as a PDF

Actual Customer Findings:

>10x ROI in 1 month

“CXO Nexus is a game-changer”
– Mike Azarian, former CITI CIO

$750K Saved in 1 month

“With this visibility our buying power is no longer diluted.”
– Bruce Starr, BNYMellon

$197M in Hidden Spend Revealed

"We can now course-correct and educate on Rogue Spend.”
– Greg Tennyson, VSP

47% of IT Spend was Hidden

“Drilling into true OEM spend, directly and with resellers, provides a holistic view.”
– Greg Tennyson, VSP

Optimize Spend. Reduce Costs. Fund Innovation.

Smart

Artificial Intelligence and Machine Learning automate the cleansing, classifying & categorizing of vendor spend data

Easy

No FTE’s or expensive consultants; works with all financial systems

Fast

Get results in as few as 10 business days from project start

Get A Demo

We look forward to meeting you.

  • This field is for validation purposes and should be left unchanged.