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

Spend Under Management Part 4 of 4

We're in the home stretch now... The spend under management (SUM) framework provides executives with a simple outcome-based model to drive the necessary changes in their organization to capitalize on the significant savings opportunities available to most organizations. The benefits of moving to best-in-class under the SUM framework include: Alignment of indirect spend objectives with core financial metrics  Defines and details actual spend at a granular level utilizing robust spend analytics Defines enterprise objectives by...

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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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Procure-to-Pay

How can technology eliminate maverick spend?

In our recent webinar with Institute for Supply Management (ISM), Lane Burkitt, ISM’s Managing Director of Global Operations, and our Chief Strategy Officer, Steve Griffiths, talked about ways technology can eliminate maverick spend. To learn more, check out this clip or read the transcript below (and if you haven’t checked out the webinar yet, click here to watch the whole thing)!   Both of you have mentioned a lot about technology and how it's shaping...

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