SpendHQ: Delivering Global Spend Visibility for PepsiCo
In today's complex business environment, large organisations struggle to obtain clear visibility into their spend data. This challenge stems from several factors that create barriers to effective procurement intelligence.
Jose Bustillo, Vice President, Delivery & Procurement Excellence at SpendHQ, a spend analytics and performance management software provider, identifies the main obstacles companies face.
βA common obstacle is data silos,β says Jose. βThe complexity of data structures for different organisations, different departments and different ERP systems makes extracting value from data very complicated.β
Beyond siloed information, inconsistent data formats compound the problem: "Iβve worked with large organisations that use Excel spreadsheets, but then have different regions and different countries using a completely different variation in data entry formats.β
PepsiCo partnered with SpendHQ to address a need for comprehensive spend visibility on a global scale.
Crucially, the beverage and snack giant sought a consolidated platform that employees could use with ease.
"SpendHQ unlocks opportunities for cost savings across all regions and categories, but also optimises sourcing strategies and efficiencies within procurement teams," says Jose.
To read the full PepsiCo's Digital Report, click HERE.
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