Analytics-first commodity management is possible with a platform approach

Data silos

Data confusion

Data delays

Benefits of analytics-first platform approach to commodity management

  • Built on one source of data: The platform is built on one shared source of data — all the data your company needs to run its business. Every application has full access to all this data in real time, on demand, whenever you need it.
  • Reduced manual work and improved visibility: The power of one data source provides an accurate view of your business. Everyone uses the most recent data, so no analyses occur with outdated data. Everyone is analyzing the same data, so all departments are aligned. Days of effort are saved because the data is all integrated. That reconciliation process in the example above now takes just seconds, not days.
  • Reduced manual work and improved visibility: The power of one data source provides an accurate view of your business. Everyone uses the most recent data, so no analyses occur with outdated data. Everyone is analyzing the same data, so all departments are aligned. Days of effort are saved because the data is all integrated. That reconciliation process in the example above now takes just seconds, not days.

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