
4 Challenges of Spend Visibility and a Simple Framework for Clarity
Having full visibility of your spend—that is, knowing exactly where your money is going—is a key factor in managing your bottom line. But most companies struggle to achieve full procurement visibility for a number of reasons. Why is spend visibility so hard to achieve? Insight Sourcing Group examines the four most common challenges we encounter with procurement data, and offers a simple framework for achieving clarity over spend.