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Best Spend Analytics Tools in 2026: Best-of-Breed vs All-in-One Solutions

Best Spend Analytics Tools in 2026: Best-of-Breed vs All-in-One Solutions

by AnvilAnalytical | Mar 27, 2026 | Cost Saving Opportunities, ProcureTech

Choosing the right spend analytics platform can transform how your organisation manages procurement, identifies savings opportunities, and makes data-driven decisions.   But with a crowded market of providers ranging from specialist analytics platforms to broad...
Spotting Supplier Financial Distress

Spotting Supplier Financial Distress

by AnvilAnalytical | Jul 15, 2025 | Cost Saving Opportunities, ProcureTech

There’s a growing challenge in procurement that often goes unnoticed until it’s too late: supplier financial distress. It doesn’t always show up as a missed delivery or a contract breach. Sometimes it starts with smaller red flags such as pricing...
Revolutionising Data Analytics: The Impact of Cutting-Edge Generative AI on Complex Language Tasks

Revolutionising Data Analytics: The Impact of Cutting-Edge Generative AI on Complex Language Tasks

by Adam Rickayzen | Jun 3, 2024 | AI, Business Leaders, Cost Saving Opportunities

In the ever-evolving landscape of procurement analytics, the role of artificial intelligence (AI) hasbecome increasingly prominent, particularly in procurement data management. Among the transformative technologies, cutting-edge Generative AI, such as OpenAI’s GPT-3,...
Harnessing Inflation and Market Analytics Software to Navigate Procurement in a Globalised World

Harnessing Inflation and Market Analytics Software to Navigate Procurement in a Globalised World

by Eduard Florescu | Jan 16, 2024 | Analytics, Business, Cost Saving Opportunities, Market Trends, ProcureTech

In today’s fast-paced and interconnected global economy, procurement departments of multinational corporations face a complex and ever-evolving landscape. To make informed decisions and ensure cost-effective supply chain management, it is crucial for these companies...
Spend Analysis Made Simple: Essential Techniques and Strategies

Spend Analysis Made Simple: Essential Techniques and Strategies

by AnvilAnalytical | Sep 20, 2023 | Analytics, Business, Cost Saving Opportunities, ProcureTech

Any business owner can attest to how important it is to track expenses. It’s not just to shed light on what the expenses are, but on where and how to best spend money. This information can then be used to make budgets, set goals and milestones and ensure the company...

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