Software That Empowers Spend Management™
Spend Management represents a complete view of the activities involved in the “source-to-settle” process.
It is more than automating Purchase Orders or tracking expenses after the fact; it is the setting of corporate objectives like budgets and decision making authority and the consistent operation of the procurement functions within those controls.
SpendMap can help you to achieve Spend Management by…
- Consolidating the vendor base and putting contracts in place to lower prices
- Increasing budget compliance by moving from post-purchase invoice approval to pre-purchase requisition approval
- Enforcing corporate purchasing policies and process compliance
- Improving your visibility into spending, inventory and assets with timely reporting