Lois Coatney is a recognized expert in the field of Supplier and Contract Management. As Partner and President, ISG GovernX®, she drives innovation and industry leading practices in the area of service integration, supplier management, third party risk, and operating model transformation. She brings more than 25 years of experience in IT operations transformation to her work with such ISG clients as Abbott, CNA, Exelon, Loblaw, Monsanto, Pitney Bowes and United Technologies.LinkedIn Profile
ISG GovernX® - Spend Management
How to reduce cost in procurement.
Control costs by managing consumption, demand and invoice validation.
- Know your overall spend and governance health
- Assure deliverable and obligation compliance
- Verify invoice accuracy and spend
- Assess and address service performance
- Administer contract change
- Manage supplier relationships
- Maintain governance artifacts
ISG GovernX® brings risk, spend and compliance information together into one platform for deeper insights and enhanced decision-making, allowing you to review all new requests in line with spend portfolio, optimize demand to meet business needs and control leakage. Robust workflows and tactical automation make sure you are on top of the spend pool, resource consumption, proactive discrepancy management and right payment every time.
With real-time insights on demand, consumption, spend, leakage and actions, you can proactively manage business cases and drive the right business outcomes.