Spend analysis involves collecting,cleansing,and analyzing data regarding expenditures with the purpose of reducing costs,improving efficiency,and monitoring compliance with purchasing policies.

Name: Spend analysis involves collecting,cleansing,and analyzing data regarding expenditures with the purpose of reducing costs,improving efficiency,and monitoring compliance with purchasing policies.
Brand: Quizplus
Rating: 4.8 (54 reviews)

Question

Quizplus · Accepted Answer

This statement accurately describes what spend analysis entails.

Spend Analysis Involves Collecting,cleansing,and Analyzing Data Regarding Expenditures with the Purpose