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Spend Analysis versus Spend Intelligence: More Than a Semantical Difference
I believe the phrase "spend intelligence" to be misleading. To me, it sounds like a new take or sub-segment of business intelligence software applications which offer analytics and dashboard capabilities and sit on top of existing systems of record. The problem is that spend visibility and analytics is much more complex, requiring data cleansing, rationalization, classification and other efforts which go far beyond what is needed to gain insight into basic HR, financials, IT and other internal information, which fall cleanly in to the BI camp.
Higher profitability based on intelligent management of superior information.
In a slow economy there are still plenty of companies that are making money. How? Business Intellegnce

Other business intelligence software Related Articles

SMB Interest in BI Is Growing
Though SMBs have been slower to adopt business intelligence solutions than their big business counterparts, their interest is growing -- due at least in part to the increased availability of BI via a software-as-a-service delivery model.
Emotional Intelligence – The Hard Truth About Soft Skills
How are your people skills? Academic research has shown that people with high Emotional Intelligence are more successful in business and in life. Emotional Intelligence refers to how well you know yourself, your ability to effectively manage your emotions, and how well you interact with others. Emotional Intelligence is a critical competency for leaders. It is very common in technical fields for people to be promoted to management because they excelled as technicians without much regard for their people skills. Unlike IQ, Emotional Intelligence can be developed.

Financial Intelligence
For years, academic experts have been measuring people’s intelligence by administering an I.Q. test. More recently, behavioral scientists and those in the field of psychology have been discussing a principle they call emotional intelligence. I would submit there is another intellectual area of expertise I would call financial intelligence.

Social Emotional Intelligence in Leadership
Leaders and entire organizations have discovered that success in the workplace has significantly less to do with intelligence or core job competencies and more to do with emotional and behavioral intelligence. The best technicians and the most brilliant team members will often end up with the highest degree of dysfunction when their emotional intelligence is very low. The fattest human resource files have very little to do with job knowledge and generally, have a great deal to do with poor behavioral adaptation and emotional intelligence.
The Future of Business Intelligence: Did Gartner Get It Right?
On Friday's segment "Beyond Business Intelligence Technology: The Importance of Domain Expertise" I will be welcoming Oco's CEO William (Bill) Copacino who has authored 3 books and more than 150 articles on supply chain management, to discuss the transformational changes that are redefining our understanding of Business Intelligence.
Spend Analysis versus Spend Intelligence: More Than a Semantical Difference
I believe the phrase "spend intelligence" to be misleading. To me, it sounds like a new take or sub-segment of business intelligence software applications which offer analytics and dashboard capabilities and sit on top of existing systems of record. The problem is that spend visibility and analytics is much more complex, requiring data cleansing, rationalization, classification and other efforts which go far beyond what is needed to gain insight into basic HR, financials, IT and other internal information, which fall cleanly in to the BI camp.
What Is Your Sales Team’s A. Q.?
It has been known for some time that if you want to measure an individual’s intelligence, you administer an Intelligence Quotient test. This has been an accepted method of measuring one’s intelligence for many years. In sales management, intelligence is important, but this does not get you closer to measuring or predicting your sales team’s effectiveness or the ability to predict with any certainty the projections of future sales. How do measure this? With an A. Q. test.

How Multiple Intelligence Theory Reveals Opportunities for Personal Growth
Very few topics in our culture are as talked about with as little understanding as the issue of intelligence. Research shows that there may actually be nine types of intelligence, yet many types of intelligence are not supported by traditional education or celebrated by society.
Cultural Intelligence - Or The Art Of Avoiding “FARTFULLNESS”
We all know that intelligence is a good thing; however, it seems that new “flavors” of intelligence pop-up with annoying regularity. A few years ago it was emotional intelligence – this was cited as a “must have” for successful organizational players. Then we had social intelligence as the key skill. Now cultural intelligence is the hot topic!
General Intelligence Is Not Enough
People with strong general intelligence sometimes fail at business. Conversely, there are plenty of examples of those with comparatively lower IQs who are successful in business. Practical intelligence helps explain this surprising phenomenon.

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