{"version":"1.0","provider_name":"Simfoni","provider_url":"https:\/\/simfoni.com","author_name":"Simfoni","author_url":"https:\/\/simfoni.com\/author\/wordjack\/","title":"What is Spend Analytics? Why and how it is implemented?","type":"rich","width":600,"height":338,"html":"<blockquote class=\"wp-embedded-content\" data-secret=\"46J6LZMKEK\"><a href=\"https:\/\/simfoni.com\/spend-analytics\/what-is-spend-analytics-why-and-how-it-is-implemented\/\">What is Spend Analytics? Why and how it is implemented?<\/a><\/blockquote><iframe sandbox=\"allow-scripts\" security=\"restricted\" src=\"https:\/\/simfoni.com\/spend-analytics\/what-is-spend-analytics-why-and-how-it-is-implemented\/embed\/#?secret=46J6LZMKEK\" width=\"600\" height=\"338\" title=\"&#8220;What is Spend Analytics? Why and how it is implemented?&#8221; &#8212; Simfoni\" data-secret=\"46J6LZMKEK\" frameborder=\"0\" marginwidth=\"0\" marginheight=\"0\" scrolling=\"no\" class=\"wp-embedded-content\"><\/iframe><script type=\"text\/javascript\">\n\/* <![CDATA[ *\/\n\/*! This file is auto-generated *\/\n!function(d,l){\"use strict\";l.querySelector&&d.addEventListener&&\"undefined\"!=typeof URL&&(d.wp=d.wp||{},d.wp.receiveEmbedMessage||(d.wp.receiveEmbedMessage=function(e){var t=e.data;if((t||t.secret||t.message||t.value)&&!\/[^a-zA-Z0-9]\/.test(t.secret)){for(var s,r,n,a=l.querySelectorAll('iframe[data-secret=\"'+t.secret+'\"]'),o=l.querySelectorAll('blockquote[data-secret=\"'+t.secret+'\"]'),c=new RegExp(\"^https?:$\",\"i\"),i=0;i<o.length;i++)o[i].style.display=\"none\";for(i=0;i<a.length;i++)s=a[i],e.source===s.contentWindow&&(s.removeAttribute(\"style\"),\"height\"===t.message?(1e3<(r=parseInt(t.value,10))?r=1e3:~~r<200&&(r=200),s.height=r):\"link\"===t.message&&(r=new URL(s.getAttribute(\"src\")),n=new URL(t.value),c.test(n.protocol))&&n.host===r.host&&l.activeElement===s&&(d.top.location.href=t.value))}},d.addEventListener(\"message\",d.wp.receiveEmbedMessage,!1),l.addEventListener(\"DOMContentLoaded\",function(){for(var e,t,s=l.querySelectorAll(\"iframe.wp-embedded-content\"),r=0;r<s.length;r++)(t=(e=s[r]).getAttribute(\"data-secret\"))||(t=Math.random().toString(36).substring(2,12),e.src+=\"#?secret=\"+t,e.setAttribute(\"data-secret\",t)),e.contentWindow.postMessage({message:\"ready\",secret:t},\"*\")},!1)))}(window,document);\n\/\/# sourceURL=https:\/\/simfoni.com\/wp-includes\/js\/wp-embed.min.js\n\/* ]]> *\/\n<\/script>\n","thumbnail_url":"https:\/\/simfoni.com\/wp-content\/uploads\/2019\/02\/Spend-Analytics.png","thumbnail_width":1543,"thumbnail_height":825,"description":"Spend analytics is a process of gathering procurement data and organizing it so that it can be visualized and analyzed. Spend analysis deep dives into procurement and expense data to analyze and understand the spending patterns of any business. It helps organizations understand their supply base, track the metrics of procurement performance, and creates actionable insights for vendor consolidation to decrease procurement costs. Often the terms are used together because procurement teams review the analytics to complete their cost analysis."}