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What is the confidentiality of data with the Spend Benchmarking plugin?

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Written by Shawn Bradley
14 June 2021

Your data reveals much about the nature of your supply base and associated procurement costs and thus can be a key differentiator in your ability to compete in a challenging market. 

Maintaining the confidentiality of our clients’ data is something we take very seriously at Lytica. We are committed to ensuring a high degree of data integrity and we have developed equally strict practices with respect to the handling of customer data.

No customer data is ever released, revealed or sold. Reports cannot be reverse-engineered to derive confidential data. Customer names are never revealed in any of our promotional materials without consent. The data we receive is used only in aggregate form for future reports. 

Use of the SupplyLens™ Spend Benchmarking plugin requires mutual agreement to a set of terms and conditions, and is a legally binding agreement protecting our customers’ confidentiality.

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