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How does this sound for a perfect world? Your C-level executives can access contracts with all business partners instantly. Just as quickly, your executive can review the audit log to see who last worked on it. In preparation for a meeting with the legal department, the shared software assigns the files to the people who need to review it.
Every manager understands how important budgeting and spend tracking is to organize business initiatives – primarily procurement departments across the globe. Spend analytics is indispensable to procurement divisions in order to assist strategic planning and assessing total expenditure on products and administration.
Manual methods of tracking information are not capable of delivering the in-depth information associated with telecom costs. Each application, service and vendor serves as a separate entry, and tracking these items with legacy solutions leads to inaccurate records and missed opportunities.
