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Description
In this session you will learn how the University of Pittsburgh was able to size up by using spend analytics to identify rogue spend. Presenters share how they identified an opportunity to implement a strategy for an online food ordering and expense management system. In addition to driving compliance and increasing commissions with their main food service provider by channeling rogue spend; this analysis will show process, cost savings, and efficiencies through online ordering that do not currently exist. The team from Pitt will provide an overview of how spend analytics was applied resulting in savings and benefits the University recognized as a result of this strategy.
Session Objectives:
- To learn how to Identify all sources of spend data.
- To select the best category that could result in savings and benefits.
- To explore how to use process mapping to estimate inefficient processes with hard and soft dollar savings.
- Click onto the day of the session
- Scroll down towards the bottom of the schedule
- Click on the Session Survey under the session you have watched. You must have had to watch the entire session to be able to click into the Session Survey.
- Upon completion of the Session Survey, you may download your CEH Forms. You will also receive a Congratulatory email.