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Optimizing Vendor Spend via AI & Machine Learning

with Ken Male, CEO & Co-founder at CXO Nexus
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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.