CXO Nexus partners with Ingram Micro to deliver Cost Optimization solutions.
Use Case Video
CXO Nexus InCight Brief 2024
CXO InCight® Overview
Client Outcomes
M&A Spend Management: Expediting Optimization
According to McKinsey, an organization’s Vendor Spend represents on average 25 to 40 percent of a merger’s total cost-saving potential. Core to achieving this is building the right foundation; a combined spend baseline and taxonomy.
Tech Spend in T&E Expenses
This month in the InCight Insider we feature an example of how IT, Finance and Procurement leadership identified a wide variety of IT spend by Business Unit (BU) in their SAP Concur T&E system by deploying CIO InCight™, the automated source of truth for all Technology Vendor Spend. The blue arrows point to BU’s purchasing technology directly, not in collaboration with the IT organization. (Note we highlight 3 anonymized BU’s below. T&E IT spend was happening in several others as well.)
Reduce Carbon Footprint & Optimize Vendor SpendÂ
This month we feature how a client leverages their TruSpend® (direct + purchasing via resellers) on core IT Infrastructure to reduce both their Carbon footprint and spend. Â
Automation eliminates manual oversight
This month we feature examples of how a client achieved desired objectives by automating the cleansing, classification and categorization of their vendor spend.
M&A Spend Management: Expediting Optimization
According to McKinsey, an organization’s Vendor Spend represents on average 25 to 40 percent of a merger’s total cost-saving potential. Core to achieving this is building the right foundation; a combined spend baseline and taxonomy.
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