InCight® Insider

A monthly brief featuring client outcomes with CIO InCight®

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Cloud TruSpend®

Cloud TruSpend®

Our client highlighted this month uses CIO InCight’s automated vendor TruSpend to identify the full gamut of Cloud purchasing by: IT, the lines of business and what is transacted direct or indirect.

Unmasking Reseller Spend InCight Insider

Unmasking Reseller Spend

Enterprise Technology purchasing via resellers is universal, as a result knowing the total spend with your OEMs, Software Publishers and Service Providers is not possible as in place financial systems are not designed to unmask the reseller spend. This results in loss of negotiating leverage and excess suppliers. This month we highlight how a client leverages the AI & ML based TruSpend® from CIO InCight® that reveals the all-in spend with their vendors, both direct and what is purchased via reseller.

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Cost Center Clarity

This month, we feature the ability to process Cost Center hierarchies that seamlessly detail where spend occurs outside of central IT management. The Nexus Automation Engine™ uses advanced AI & ML technologies to ingest and normalize an organization’s spend data by assigning categories, detailing supplier and manufacturer parentage, incorporating custom metadata, aligning cost center hierarchies, and more. Data sources include: Accounts Payable, T&E, P Card, Invoices and Purchase Orders.

InCight Insider News April 2021

M&A: Fast Track Vendor Optimization

According to McKinsey, an organization’s Vendor Spend represents on average 25 to 40 percent of a merger’s total cost-saving potential. The core to achieving this is building the right foundation; a combined spend baseline and taxonomy.

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The Importance of Vendor Spend Categorization

Fellow InCighters, This month’s Insider highlights how a client leverages the automated Categorization of CIO InCight® to track the spend related to moving legacy IT infrastructure to the Cloud. CIO InCight details the amount of Vendor Spend for thirteen (13) industry standard Categories. For the IaaS Cloud migration the Storage, Compute & Data Center Categories…

Don't miss another installment of customer challenges and insights gained by using CIO InCight.

Each one is a chapter in discovery, finding hidden details of the vendor spend data ingested. Our ML & AI-driven Intelligent Fusion Engine IFE® is used to clean and normalize down to the item level and will reveal actionable information.

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