SYSTEM AND METHOD FOR SPEND ANALYSIS OF THE SERVICE CATEGORY
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United States of America Patent
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app pub date -
Mar 28, 2015
filing date -
Jun 21, 2012
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Abandoned
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Abstract
A computer based system containing service cost model for spend analysis of a spend category, that facilitates analysis of the service procurement cost with respect to market dynamics of labor rates for the underlying services. The system may determine market trends of individual cost components, e.g., primary, secondary and tertiary cost components for a service spend category based on the service cost model of the spend analyzer module. The system may include a processor unit and a computer readable medium storing instructions executable by the processor unit, the computer readable medium including a service receiving system, matching system, associating system, information receiving system, and outputting system.
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