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Procurement generates billions of pieces of data about spend annually. This data is spread throughout the organization, often difficult to locate, categorize and maintain. As a result, sourcing managers find themselves spending more time preparing the data than working on the actual analysis.
In fact, while most enterprises struggle to manage 60% of their spend, leading procurement organizations are utilizing technologies like Tamr to analyze as much as 90%+ of their available spend data without adding headcount.
Tamr uses machine learning to help procurement organizations streamline how they locate, manage and maintain procurement data, so they can generate insights and savings faster than their competitors. Organizations that are able to prepare for business-critical discussions in days instead of weeks benefit from better decision making and lower supply chain costs.
Tamr customers have seen benefits such as:
To learn more, schedule a demo at http://www.tamr.com/schedule-demo.