CXO Nexus partners with Ingram Micro to deliver Cost Optimization solutions.
Inside InCight
Nexus Automation Engine
Learn more about CXO Nexus and the power of the Nexus Automation Engine.
Intelligent Spend in Action
Learn more about how CXO Nexus is automating the cleansing, classification & categorization of Nasdaq's vendor spend.
The Reseller Conundrum
FAR Section 889 compliant?
Read Our InCight® Paper
Get the Incight® paper
Procurement Webinar
Cost Optimization / Quick Wins
Optimizing Vendor Relationships Webinar
Find Us In the App Center
Find Us In the App Center
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.
Balance Of Trade
A key CIO InCight® use case is for a company to provide essential multi-year spend information for their IT suppliers back to the Lines of Business (LOBs) that identifies the delta to the suppliers reciprocal spend for their companies’ products and services. The IT, Finance and Procurement teams call this Balance of Trade.
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.
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…
C Suite Collaboration Improves P&L
The intuitive, out of the box visibility that CIO InCight® provides for IT Vendor spend has been a tremendous collaboration platform for office of the C suite to identify and implement cost optimization strategies that have a positive impact on the P&L. This month we feature how a client leverages InCight as the centralized system of truth and feature two recent optimization plays.
Sign up for the InCight Insider
The InCight Insider is our monthly deep dive into the savings opportunities and spend data trends uncovered by customers. A new use case every month will be delivered to your inbox, that illustrates one of the many functions of CIO InCight.
