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Spend Management

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The benefits of spend visibility are numerous. Organizations with good visibility can better identify savings opportunities, better enforce contract compliance, and help facilitate...

Procurement processes have a direct impact on financial reporting. Therefore, effective procurement internal controls are required to support a company’s efforts to achieve...

Non-strategic tail spend presents a challenge for most procurement organizations. The term is often defined as the 80 percent of suppliers that represent just 20 percent of an...

Of all the procurement and supply chain trends – opportunities and threats – to reach the executive boardroom over the past decade, global sourcing has elevated itself...

Companies that have been successful in implementing a spend management process have done so by building a sophisticated analytical approach into their procurement and sourcing...


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