PROCUREMENT TECHNOLOGY
RAISING SPEND ANALYTICS MATURITY: THE CPO’ S FIRST 90 DAYS
Brandon’ s practical advice for new CPOs distils the path to maturity into three core principles:
• Visibility: Baseline all spend data for a unified, reliable view.
• Velocity: Introduce controlled payment solutions and approval workflows to streamline low-risk spending.
• Value: Embed progressive metrics, including ESG and risk, from the outset.
Brandon says:“ By day 90, the CPO should be sharing early insights with finance and operations to demonstrate that procurement is no longer‘ stuck in procurement’, but actively championing growth and innovation.”
“ It can also power anomaly detection and policy monitoring, flagging out-of-policy, duplicate or unusually high transactions as they happen, not weeks later.”
Crucially, with the rise of generative AI-generated fake receipts, having complete, real-time spend visibility makes expense fraud much easier to spot and prevent. Rather than replacing human judgement, AI augments procurement’ s role – enabling teams to focus on progressive, strategic activities rather than reactive, administrative ones
. Spend visibility and strategic goals Greater spend visibility has a direct impact on goals like supply chain resilience, ESG performance and risk management.
“ Procurement will always be accountable for controlling costs,