Spend management Related Topics 
Procurement Tactics
DECEMBER 6, 2022
Spend Management — The Ultimate Guide of 2023. Spend management is an important process to reduce losses and mistakes. However, how do you manage your spending? In this article, we will discuss what spend management is. What is Spend Management?
NLPA (Next Level Purchasing Association)
MARCH 16, 2023
Spend Management is a critical function within an organization, and it involves the strategic management of the company’s spending to reduce costs, improve efficiency, and enhance profitability.
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Fraxion
MARCH 6, 2023
Spend managementRecession – a widely discussed concern and an impending reality, according to financial analysts and economists. Although it's uncertain whether a recession will occur or not, it's advisable for businesses to heed the warnings and prepare for economic headwinds.
Fraxion
MAY 31, 2022
One thing is clear: no matter the size of your business, you need to manage the daily expenses your business incurs to operate effectively. Fortunately, business spend management solutions can help you do this. Spend managementOperating a business is expensive.
Advertiser: GEP
What are the risks for procurement in 2023? What should leaders do to deliver value amid uncertainties? Read the GEP Spend Category Outlook 2023 report now to build successful spend management strategies across 22 indirect & direct categories.
Una
OCTOBER 11, 2022
Amplify Your Business Spend Management Strategies with a GPO. Every organization, for example, spends significant amounts on key categories like IT, shipping, and office supplies. Top category savings to amplify your business spend management strategies.
Una
AUGUST 24, 2022
Episode 79: User-Centric MRO Spend Management with Mike Franz. As a manufacturing “triple threat,” Mike is now using his broad experience to transform the way small to medium sized manufacturers address their MRO spend by acknowledging changes in consumer expectations.
Procurement Software
MARCH 11, 2022
Instead of looking at direct materials and purchased parts, the hidden opportunity is often found in effective tail spend management. There’s a perfectly logical reason that organisations go after the more “sexy” areas of spend. What is maverick spend?
Procurement Software
MARCH 11, 2022
Instead of looking at direct materials and purchased parts, the hidden opportunity is often found in effective tail spend management. There’s a perfectly logical reason that organisations go after the more “sexy” areas of spend. What is maverick spend?
Fraxion
OCTOBER 5, 2022
Spend managementWhat is organizational resilience? Organizational resilience is defined as the ability of an organization to thrive, adapt, and expand during times of uncertainty.
Fraxion
MARCH 22, 2022
A focus on the priorities within the industry, and how spend management solutions for property management can fulfill requirements to attain success in the market. Spend management
Fraxion
NOVEMBER 2, 2022
We’re excited to announce that Fraxion has been recognized as a FrontRunner in the spend management software category on Software Advice, a Gartner Digital Markets platform.
ivalua
SEPTEMBER 15, 2020
Visit Ivalua Spend Management to find out more. The post John Cockerill selects Ivalua spend management to digitize all procurement processes and cover all spend in one single system appeared first on Ivalua
Procurify
JULY 21, 2022
Why companies should invest in spend management during a recession. Extending runway, aggressively monitoring costs, and locking down spend are the easiest and quickest ways for organizations to adjust to unexpected downturns. Monitoring and controlling spend extends runway.
Fraxion
SEPTEMBER 28, 2022
We are excited to announce that Fraxion has been named a Category Leader on GetApp in the spend management software category for 2022!
Supply Chain Brain
OCTOBER 22, 2020
Green Mountain Technology recently announced the launch of its new LTL Spend Management solution
Claritum
MAY 17, 2017
This short video explains how you can control and monitor Marketing expenditure from one platform using Cloud based Spend management. Find out how a Cloud Based Spend Management platform can be used to streamline Marketing spending here. The post How does a Spend Management platform work appeared first on Claritum. Articles eProcurement Videos Cloud based spend management procurement spend Management platform
Supply Chain Brain
JUNE 21, 2019
Many organizations today are recognizing the need to shift their spend-management operations to the cloud
Fraxion
AUGUST 26, 2022
We’re honored to be listed as a Noteworthy Product in the Capterra Shortlist for Spend Management in 2022 , an inclusion we couldn’t have earned without stellar reviews from our users and the dedicated team effort in developing, implementing, and supporting Fraxion.
Supply Chain Brain
JANUARY 11, 2021
Transportation Insight, a North American provider of enterprise logistics solutions, recently announced the acquisition of Spend Management Experts LLC.
Procurement Software
MARCH 28, 2023
But how much of this is sourceable spend? And how much of what your organisation purchases is actually spend that’s addressable, or currently being actively managed? Almost every company understands and has manages what’s being sold to their customers.
Supply Chain Brain
AUGUST 14, 2019
For private colleges and universities, spend-management offerings can prove to be a valuable asset in the struggle to manage tight budgets
Jaggaer
NOVEMBER 10, 2020
The post How JAGGAER Got Started Part 2: From “Irrational Exuberance” to a Leader in Spend Management appeared first on Jaggaer.
Claritum
FEBRUARY 14, 2019
Why is Complex Spend an Issue? Many organisations continue to find their complex expense categories difficult to accurately understand and effectively control, even with dedicated experts in Indirect Sourcing, Corporate Procurement and Supply Chain Management and applying practices that have successfully brought other categories under management. 2 Why is Complex Spend an Issue? How does an organisation gain visibility and control over a complex spend category?
Spendesk
AUGUST 3, 2022
Spend management Finance insightsWhy do finance professionals get into this line of work?
Jaggaer
NOVEMBER 15, 2018
The right software can guarantee better fleet management and more efficiency which can translate to increased profitability overall. This echoes JAGGAER’s focus on better spend management for a host of industries including the supply chain. Improved fleet management through advanced telematics can provide the benefits listed below. A study by vehicle management platform Motus revealed that commercial vehicle accidents cost $57 billion last year.
Una
JANUARY 9, 2023
Managing Tail Spend to Avoid "Porcelain Dalmatians". 5 steps to take when managing tail spend to avoid making purchases within an organization that go underutilized or unused. How tail spend leads to “porcelain dalmatians”. Step 2: Identify spending categories.
Fraxion
MARCH 24, 2023
One such measure is spend under management (SUM), which enables businesses to gain greater visibility and control over their spending, vendor engagements, and adherence to defined purchasing policies. Spend managementToday, organizations are under increasing pressure to control costs and improve efficiency due to economic instability, increased competition, rising costs, and regulatory pressures.
Spendesk
SEPTEMBER 16, 2022
Expense management Spend managementEveryone knows how much of a pain it can be to deal with workplace expenses, especially the expense approval stage.
Fraxion
FEBRUARY 27, 2023
Spend managementAs businesses work to recover from the pandemic, they are now facing a new wave of economic uncertainty that will test the resilience of their CFOs.
ivalua
JUNE 17, 2020
Redwood City, CA June 16, 2020 – Ivalua, a leading provider of global Spend Management Cloud solutions, today announced the availability of a pre-packaged suite of solutions for healthcare providers. Optimize savings and provide visibility across clinical and non-clinical spend.
Una
AUGUST 17, 2022
Understanding and Taming Tail Spend. A comprehensive guide designed to tame tail spend in a way that leads to reduced risk and increased cost savings. Taming Tail Spend. This shape represents your entire procurement spend. What is tail spend? How to tame tail spend.
Fraxion
MAY 23, 2022
Spend managementFinance is a key department in every organization, with responsibilities that include paying salaries, accounts payable processes, budgeting, forecasting, and providing investment capital.
Una
DECEMBER 20, 2022
How to Bring More Spend Under Management. Pocurement professionals apply the term spend under management to measure and communicate their team’s impact on the organization at large. Some organizations define SUM as any spending that leverages preferred supplier contracts.
NLPA (Next Level Purchasing Association)
JANUARY 17, 2023
Moreover, “Pricing” management remains critical. They all include enhancements of: Spend Management. The underpinning of effective spend management is the capacity to formulate and execute an Annual Buying Plan.
Spendesk
JUNE 20, 2022
Finance strategy Spend management Finance insightsSmart companies use specific tax relief schemes to invest in their own growth.
ivalua
JANUARY 29, 2020
What does this mean for procurement and supplier management? Working collaboratively is often complex, involving internal stakeholders beyond the procurement function too, which highlights another critical success factor – the need for effective programme and project management.
ivalua
SEPTEMBER 2, 2020
Redwood City, CA September 2, 2020 – Ivalua, a leading provider of global Spend Management Cloud solutions, today announced the availability of a pre-packaged procurement suite for construction and engineering companies.
Let's Talk Supply Chain
JANUARY 11, 2023
It was that approach – much more additive than disruptive – that really intrigued me as the new age of spend management.”
Spendesk
JUNE 27, 2022
The term "discretionary spending" is common in business, but it's not always clear to all what it means. What is discretionary spending? Discretionary spending applies to costs and expenses that are non-essential. Spend management
Fraxion
NOVEMBER 8, 2022
Spend visibility refers to the system of records, oversight, and understanding of exactly how funds are allocated and spent in a company. Having real-time oversight, as opposed to tracking expenditure after the fact is invaluable and has the potential to change the course of how you manage purchasing and spending in your business, and ultimately how you profit and grow. Spend management
Procurement Talk with David Byrne
MARCH 29, 2022
The difference in spend between contingent labour and consultancies globally is incredibly small, yet … Continued.
Planergy
MARCH 2, 2023
Clients and results More Customers We saved more than $1 million on our spend in the first year and just recently identified an opportunity to save about $10,000 every month on recurring expenses with Planergy. How to gain visibility and control of your indirect spend.
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