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WBSP085: Grow Your Business by Benchmarking Your Expenses Against Other Companies w/ Scott Berman and Jake Lindmark
Manage episode 294407412 series 2839167
If you are involved in vendor negotiations or expense management, it's hard to know if you may be overpaying for services or goods. What if there was a way to benchmark your expenses against other companies. Enter big data for expense management. These data lakes have amassed trillions of data points in the last ten years through several data sources. They have the capabilities to benchmark your expenses for the majority of your categories.
In today's episode, we have our guest Scott Berman from River North Financial Group and Jake Lindmark at Optimally, who discusses how big data solutions have evolved and now accessible for small to medium-sized businesses. They describe how these big data solutions can help and how they work. Finally, they explained several nuances associated with financial big data
For more information on growth strategies for SMBs using ERP and digital transformation, visit our community at wbs.rocks or elevatiq.com. To ensure that you never miss an episode of the WBS podcast, subscribe on your favorite podcasting platform.
624 episodes
WBSP085: Grow Your Business by Benchmarking Your Expenses Against Other Companies w/ Scott Berman and Jake Lindmark
WBSRocks: Business Growth with ERP and Digital Transformation
Manage episode 294407412 series 2839167
If you are involved in vendor negotiations or expense management, it's hard to know if you may be overpaying for services or goods. What if there was a way to benchmark your expenses against other companies. Enter big data for expense management. These data lakes have amassed trillions of data points in the last ten years through several data sources. They have the capabilities to benchmark your expenses for the majority of your categories.
In today's episode, we have our guest Scott Berman from River North Financial Group and Jake Lindmark at Optimally, who discusses how big data solutions have evolved and now accessible for small to medium-sized businesses. They describe how these big data solutions can help and how they work. Finally, they explained several nuances associated with financial big data
For more information on growth strategies for SMBs using ERP and digital transformation, visit our community at wbs.rocks or elevatiq.com. To ensure that you never miss an episode of the WBS podcast, subscribe on your favorite podcasting platform.
624 episodes
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