• Home
• Topics
• SAP software and modules
• SAP supplier relationship management software
• Analysis by vendor; do we need full-blown MDM?

Analysis by vendor; do we need full-blown MDM?

Requires Free Membership to View

Login



When you register, you will start receiving targeted emails from my award-winning team of editorial writers. Our goal is to keep you informed on the hottest topics and biggest challenges faced by SAP professionals today.

Hannah Smalltree, Editorial Director

• E-mail Address: 

By submitting your registration information to SearchSAP.com you agree to receive email communications from TechTarget and TechTarget partners. We encourage you to read our Privacy Policy which contains important disclosures about how we collect and use your registration and other information. If you reside outside of the United States, by submitting this registration information you consent to having your personal data transferred to and processed in the United States. Your use of SearchSAP.com is governed by our Terms of Use. You may contact us at webmaster@TechTarget.com.

I'm assuming that as an organization you have a lot of vendors that require harmonization and cleansing in order to get good vendor spend analysis. For that purpose MDM would definitely be helpful. I'm working with a few organizations right now that are considering the MDM solution to assist in the exact same purpose. So you seem to be on the right track.

However, the painstaking method is still available via Excel downloads and uploads, which obviously is not a sustainable or recommended choice J.

There is an interesting blog on the ELP network forum on spend analysis. You might want to read it. The blog is application indifferent but nevertheless talks in simple terms about spend analysis & visibility. You can see it here: http://blog.europeanleaders.net/procurement-blog/2007/2/14/avoiding-the-evils-of-the-spend-analysis-debate.html

Dig Deeper

This was first published in September 2007

More from Related TechTarget Sites

• Manufacturing ERP
• Oracle
• Data Management
• Data Management UK
• Business Analytics
• CRM
• Content Management

• Manufacturing ERP

  • S&OP software projects rely on cultural, business process changes

    Successful S&OP software projects are far more about fostering cultural and organizational change than addressing technical challenges, experts say.

  • Teamwork, analytics help integrate financial management applications

    Financial management applications are essential in any enterprise IT strategy -- but integration with other business software is critical, experts say.

  • Get detailed when preparing RFPs for mobile ERP and BI

    A clear mobile strategy will determine the right questions to ask hardware vendors, software developers and service providers, consultants say.

• Oracle

  • Oracle purchase of Taleo indicates rising SaaS trend

    Oracle has spent $3.4 billion on Taleo and RightNow in the past few months, showing that it is serious about hosting applications in the cloud for its customers.

  • Making Monday the start of the week in Oracle SQL

    One reader asks how to set up a report in Oracle SQL so that Monday is the first day of the week.

  • Oracle Advanced Analytics bundles R with Oracle Database

    Oracle Advanced Analytics is the company’s newest announcement around data analytics, a market that Oracle seeks to blanket with products.

• Data Management

  • Poor reference data management causing headaches in financial sector

    Regulatory pressures and the need to improve data quality are forcing financial institutions to rethink reference data management strategies.

  • AAA picks Dell Boomi cloud integration tools over IBM, Jitterbit

    A local AAA auto club serving three western states is using cloud-based data integration tools to help drive an aggressive cloud computing strategy.

  • From the Editors: Framing the case for enterprise data virtualization

    There’s no lack of choices to consider if you’re looking at a possible data virtualization deployment -- both in terms of the vendors offering tools and the potential uses for the technology.

• DataManagement UK

  • SaaS BI technology comes of age

    SaaS BI and its benefits explained: it can improve scalability and reduce administration costs; it offers capabilities in data warehousing, ETL and analytics; it can be secured. What’s not to like?

  • Gartner: Address economy, compliance with information governance, MDM

    IT leaders need to get information governance right if MDM is to help cut costs, stoke productivity and mitigate risk, according to Gartner on the eve of the MDM summit.

  • Gartner: Business, analytics fail to connect, mobile BI gets real

    Gartner’s BI London summit will show a landscape beset by strategic misalignment, intra-organisational struggle and weak cloud adoption. Yet mobile BI is becoming a reality.

• Business Analytics

  • TDWI BI Executive Summit: Business intelligence benefits & strategies

    Get news and other information resources about strategies for gaining business intelligence benefits, reported from the TDWI World Conference and BI Executive Summit in Las Vegas.

  • Airport retailer leaves Excel behind with BI tools makeover

    The Paradies Shops’ search for BI tools to access data quickly and break away from Excel spreadsheets started with data discovery vendors but didn’t end with them.

  • Hadoop is hot, but not most popular ‘big data’ technology

    New research reveals businesses’ relative lack of “big data” maturity and the hurdles in both technology and analytics techniques they need to overcome.

• CRM

  • As social media expands, companies need to center social CRM plans

    With social CRM gaining popularity, companies need to identify their audiences are and what social media sites and technology they use, analysts say.

  • Red Sox hit home run with custom Microsoft CRM app

    The Boston Red Sox spent seven years searching for a CRM system to handle ticketing and fan engagement before selecting a custom version of Microsoft CRM.

  • Contact center social will (slowly) become norm

    In this expert response, find some ways contact centers are using social media channels to manage customer contact volume.

• Content Management

  • Web content management's new role: Fueling digitally driven businesses

    Web content management is not just about publishing Web pages any more, according to one industry expert. It has become a way to use content to power useful business applications for the enterprise.

  • Data archive strategy key to efficient enterprise content management

    Digital archiving and the longevity of electronic information is being overlooked by enterprise content management professionals at the enterprise’s peril. Digital doesn’t necessarily mean permanent.

  • Lancaster Bible College gets cloud Web content management system boost

    After technical infrastructure issues continually crashed Lancaster Bible College’s website over the course of a year, the school switched to a cloud Web content management system.

• About us
• Contact us
• Site index
• Privacy policy
• Advertisers
• Business partners
• Events
• Media kit
• TechTarget corporate site
• Reprints
• Site map