Search : consulting spend

Spend analysis is all about turning your spending data into valuable insights. In consulting, the process helps you to examine your company's spending to find areas where you may save costs and improve the impact of your projects. Providing you with a fact-based picture ultimately helps you to decide whether your consulting investment was a wise decision or not.
What did you spend money on? What are the functions/business units buying Consulting Services? Who are the project sponsors? How many times a year? How much did they spend? What type of Consulting did they buy? Spend analysis helps you to comprehend all these issues, and this insight can be your weapon for rapid wins and value generation. So, how do implement the process? What are some of the levers to capture its benefits?
In this episode of the Smart Consulting Sourcing podcast, Helene explains it all. Do tune in.
  

Consulting is a vast discipline. Its very nature makes it difficult to generalize it completely. When it comes to consulting spends, just like other intangible service categories, there should be tight control in the decision-making for the sourcing process as well as for the procurement, which is supposed to facilitate the process and ensure compliance.
Collaboration between operational entities and procurement is essential to ensure positive impact and savings.

When you are investing in any project, you keep an eye on the return on investment. It should be the same for consulting.
On this week’s Smart consulting Sourcing podcast, Consulting Sourcing Expert Hélène Laffitte explains how to boost the ROI of Your Consulting Spend.

With the constant pressure on cost reductions and sustainable savings, many Companies are starting to notice their Tail Spend, even in the Consulting Category.  
On this week’s Smart consulting Sourcing podcast, Consulting Sourcing Expert Hélène Laffitte explains how to take control of the consulting tail spend.

Having a consulting strategy is about aligning your consulting budget with your strategic priorities to accelerate the execution of your strategy.On this week’s Smart consulting Sourcing podcast, Consulting Sourcing Expert Hélène Laffitte discusses about how to make sure your consulting spend is supporting your strategy.