Aaltodoc publication archive (Aalto University institutional repository)
School of Business | Department of Information and Service Economy | MSc program in Information and Service Management | 2016
Thesis number: 14581
Critical success factors for spend analytics
|Title:||Critical success factors for spend analytics|
|Year:||2016 Language: eng|
|Department:||Department of Information and Service Economy|
|Academic subject:||MSc program in Information and Service Management|
|Index terms:||tietotalous; knowledge economy; menestyminen; success; menot; expenditure; kulutus; consumption; taloushallinto; financial management; mis; mis; ohjausjärjestelmät; control systems|
» hse_ethesis_14581.pdf size:3 MB (2219820)
|Key terms:||spend analytics; success factors|
This is a research into the critical success factors for spend analytics. We examine which organizational and technical factors are influencing spend analytics success. Furthermore, we define spend analytics success and we are researching the factors that are behind the currently low success rate of spend analytics implementation. By means of semi structured interviews with representatives of companies involved with spend analytics, we discovered four organizational and five technical factors that influence spend analytics success, and we find data quality to be the factor that is mostly behind the low success rate of currently implemented spend analytics solutions. In addition, we develop a model for spend analytics success that can serve as a foundation for further research into spend analytics, and can provide a blueprint for companies involved with spend analytics (implementation).
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