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Procurement Analytics is a type of data analytics that focuses on the analysis of procurement data. It is used to identify trends and patterns in the procurement process, such as supplier performance, cost savings, and compliance. It can also be used to identify areas of improvement in the procurement process, such as reducing costs, improving supplier relationships, and increasing efficiency. Procurement Analytics can be used to identify opportunities for cost savings, identify areas of risk, and improve the overall efficiency of the procurement process.
Companies in the Procurement Analytics market include Coupa Software, SAP Ariba, Oracle, Ivalua, Zycus, GEP, Proactis, and BravoSolution. Show Less Read more