The overall process of spend management is fairly straightforward. Which of the following activities would not be part of the spend management process?
A) Classifying the data into a specific structure to aid analysis.
B) Collecting data from multiple sources into a single dataset.
C) Normalizing or standardizing the data so that they are directly comparable.
D) Outsourcing the spend data collection to a third-party who can be objective and unbiased.
E) Reporting and analyzing the spend data in order to assist decision makers.
Correct Answer:
Verified
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