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How effective Tail Spend Management can drive cost savings

Procurement Software

Instead of looking at direct materials and purchased parts, the hidden opportunity is often found in effective tail spend management. The best opportunities now lie in tail spend management. This is usually areas of indirect spend which have previously been relatively unexplored. What is tail spend?

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How effective Tail Spend Management can drive cost savings

Procurement Software

Instead of looking at direct materials and purchased parts, the hidden opportunity is often found in effective tail spend management. The best opportunities now lie in tail spend management. This is usually areas of indirect spend which have previously been relatively unexplored. What is tail spend?

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Breaking News: Coupa announces definitive agreement to be acquired by Thoma Bravo

Spend Matters

Categories: Industry News , Source to Pay , Spend Management Tags: EU , mergers and acquisitions Giant of the Business Spend Management (BSM) world, Coupa Software, this morning announced it has entered into a definitive agreement to be acquired by Thoma Bravo, one of the largest private equity firms in the world.

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Rev Group Partners with Consus Global to Drive Supply Chain Efficiencies

ivalua

As part of the partnership with Consus, REV has implemented Ivalua, a leading provider of global Spend Management Cloud solutions, to achieve a more focused and faster source-to-contract cycle. Competitive bidding to drive cost savings. Ivalua is a leading provider of cloud-based Spend Management solutions.

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Mastering Indirect Spend Six keys to success

Zycus Cognitive Procurement

Indirect spend can quickly spiral out of control if left unchecked. This is why developing and implementing a spend management plan supported by key performance indicators is essential. KPIs can help you track and evaluate the effectiveness of your indirect spend management strategy. Enabling beyond the tools.

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How to Implement a Strategic Sourcing Process

Una

This involves, for example, running competitive bids, e-procurement, issuing purchase orders, and overseeing invoicing and payments. Una works as an extension of your internal procurement department as an additional resource for efficient strategic sourcing and supplier and contract management.

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Services Procurement: What Is It and How To Manage It

Planergy

You don’t pay for the service if no content needs to be created, so there’s no need to keep a retainer or spend money on unused services, allowing for better control over spend management. Download PDF What’s your goal today?