Spend Management

Procurement leaders are making a step-change in spend analysis and are looking at spend management as a platform to support an analytical, data-driven approach to managing procurement and operations on a sustainable basis.  Not simply about good data, successful spend management should highlight compliance leakages, be repeatable, results driven and realize savings.

Spend management is crucial for all companies, and in gaining visibility of spend across companies with big ERP systems it is hot on the agenda.

Understanding the needs of the client

Their issues range from delivering cost savings to the bottom line; sourcing effectively from low cost regions; working together with suppliers to deliver value for the longer term through to developing talent within the procurement team. These challenges are often intensified by addressing them in complex, international, multi-functional environments.