They might not realize it, but sourcing, procurement, and vendor management (SPVM) leaders hold the keys to reshaping and solidifying the importance of their organization’s SAM program. Choosing and implementing the right SAM tool will produce the high-quality, actionable data needed for the rest of their organization to control costs, optimize processes and discover the strategic value of SAM for years to come.
The key is for organizations to invest in the right tool. According to Gartner, "by 2026, 60% of IT organizations will need to refocus their SAM function due to poorly established foundations to enable business digital transformation."1
In this complimentary Gartner report, 4 Keys to Unlock SAM’s Strategic Value in 2024, you’ll discover four foundational focus areas which we believe will help you to:
Act now to position SAM as a strategic partner and unlock its potential to drive profitability across multiple departments within your organization.