SPEND ANALYSIS SYSTEM AND METHOD
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United States of America Patent
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Issued Date -
Sep 13, 2012
app pub date -
May 21, 2011
filing date -
Mar 11, 2011
priority date (Note) -
Abandoned
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Abstract
System and method for spend analysis are provided. The method includes identifying a spend category and associating a cost component model to the spend category. The cost component model indicates one or more cost contributors to the spend category. The method also includes receiving market information associated with at least a subset of the one or more cost contributors in the cost component model and outputting an analysis of spend associated with the spend category in relation to the cost component model.
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