Is your organization ready to take on indirect spend?

This quiz goes through some of the key procurement strategies and technology capabilities that you need to successfully tackle indirect spend. To get your grade – just answer the questions below, tally them up, and discover if your organization has what it takes.


IndirectSpendQuiz

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If you didn’t answer yes to everything, check out our educational whitepaper to learn more about integrating AI technology into your organization and see which vital procurement strategies you can implement to start driving results now.

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Procure-to-Pay

Going through business uncertainty? 3 strategies to cut costs & discover savings in your indirect spend

In contrast to direct procurement, indirect spend includes everything that goes into running a business that isn’t directly tied to the end product, such as maintenance, repairs, and operations (MRO), marketing, facilities, consumables, fleet, freight, travel and IT. Although it can make up as much as 50% of a company’s total purchases, it doesn’t often get the attention it should. The problem with ignoring indirect spend, however, is that you could be missing out on...

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Whitepaper

Cloning your very best buyer

Instead of having a procurement team with 15 different commodity managers who all follow different processes yielding differing results, what if you could create a procurement team full of your absolute best buyer? Read more to find out how using procurement software to clone your best buyer can help you standardize the source-to-pay process and improve performance. What you’ll learn: The challenges organizations face in delivering cost savings, impacting the bottom line, and managing talent...

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