CXO Nexus partners with Ingram Micro to deliver Cost Optimization solutions.
Use Case Video
Download the CIO InCight™ Overview
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
Client Outcomes
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
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.
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.
ITAM Virtual Summit ’22 Video
The video of our session from ITAM Virtual Summit ’22 is here. Watch Ken Male discuss 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.
Download the presentation and watch the video from the event.
Cloud Summit ’22
Join Us in Miami Beach for Cloud Summit ’22; May 17th -19th. Be sure to register and attend our breakout session on the 3rd day, May 19th from 1:15 to 2:05pm, where Ken Male will discuss “Data Driven Insights to Power New Cloud Revenues”.
Reduce Carbon Footprint & Optimize Vendor Spend
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.
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.
