The ABC's of Spend Analysis

Case Study: The ABC's of Spend AnalysisAnswer No. 1: The word Data, plural of Datum, are unembellished facts until and unless you analyze and tailor it to your need, thus turning it into a piece of information. It is a procedure of monitoring, clearing out, changing, and modeling data with the target of highlighting key information, giving suggestions for conclusions and helping in decision making. Data analysis skills are important in every business, and it has been very important to spend analysis. Spend analysis is the procedure of gathering, cleaning, classifying and analyzing business expenditure data ...