NIGP Observatory - Spend Analysis
The NIGP Observatory is a new spend and supplier management solution that delivers the data, tools and intelligence required to give the procurement function the insight it needs to reduce costs, realize cooperative opportunities, improve contract compliance, and drive continuous improvements in spend and supplier management.
Underpinned by a unique, proprietary and proven methodology for the quick and cost effective extraction, standardization, classification and enrichment of Government agency expenditure data, the NIGP Observatory includes a range of powerful but intuitive online tools designed to allow you spend more time making decisions and a lot less time, effort and money grappling with data.
Regarding the launch of the NIGP Observatory, Rick Grimm, Chief Executive Officer of NIGP said:
"The NIGP Observatory will help develop and support the procurement profession and elevate its value within the organization. It provides the tools, intelligence, and data a procurement professional needs to reduce costs, realize collaboration opportunities, improve contract compliance, and drive continuous improvements in spend and supplier management."
Candace Riddle
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Norma J. Hall
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I think this is a great innovative idea that will help governmental procurement agencies improve spend management.