InCight® Insider

A monthly brief featuring client outcomes with CIO InCight®

Subscribe
cost-center-clarity-june

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.

email-header-incight

The Importance of Vendor Spend Categorization

MARCH 2021 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…

email-header-incight

OEM Parentage + Reseller Purchasing = TruSpend™ with your Vendors

By gaining a view of spend that includes OEM Parentage and Reseller Purchasing, equals a Truspend™ view of your Vendors.

email-header-incight

Identify Redundant Purchasing to Reduce Spend.

Software costs, especially SaaS, can grow at an extraordinary rate as companies invest in new technologies that can be easily implemented. Business Intelligence (BI) tools are a textbook example. Strategic sourcing opportunities are wasted by IT, Finance and Procurement organizations not having a centralized view of spend at the product level and by the Cost Center/ Department making the purchase.

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.

Subscribe Now