Sean Park, Principal at Acquis Consulting Group, participated as a featured expert in Zycus's industry webinar, "The Data Revolution: How Data is Changing the Procure-to-Pay Process." Leveraging his global consulting experience across the US, Europe, Brazil, and Japan, Park addressed critical spend data accuracy issues affecting enterprise procurement operations.
Park outlined industry metrics showing 30% transaction miscategorization rates across organizations. He addressed these inefficiencies by presenting analytical approaches for quantifying procurement business impact through client case studies. One engagement involved data analysis that uncovered $15 million in cost optimization opportunities from $200 million in misclassified spend. This client work demonstrated Park's approach to building financial justifications for procurement technology investments.
Watch the video here →