article thumbnail

Unleash The Power of the Business Spend Management (BSM)

ProcurePort

Business spend management (BSM) refers to a unified, coherent set of business processes, supported by software that encompasses invoice management, procurement, and expense management. Business spends management addresses all the ways employees spend money within an organization.

article thumbnail

Spend Management — The Ultimate Guide of 2023

Procurement Tactics

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. We will tell you the challenges and benefits of spending management.

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

From Spend to Supply — Coupa’s direct spend management progress

Spend Matters

Categories: Conferences , Spend Management Tags: PRO The question of how to manage direct materials can yield polarized answers and requires deeper evaluation than simply evaluating a few narrow use cases. Quality collaboration to manage the direct-materials quality control processes from design to execution.

article thumbnail

New Inventory Visibility and Collaboration Capabilities Enhance Ivalua’s Procure-to-Pay Solution

ivalua

Helping businesses reduce the risk of supply chain disruption, optimize inventory levels and make better buying decisions. Redwood City, CA, July 13, 2021 – Ivalua, a global leader in Cloud Spend Management solutions, announces an extension of its Procure-to-Pay solution with a new Inventory Collaboration capability.

article thumbnail

Business Spend Management | Amplify Savings in Top Categories

Una

Amplify Your Business Spend Management Strategies with a GPO. Any business, regardless of size, can take advantage of the “strength in numbers” concept and access pre-negotiated contracts with some of the nation’s top suppliers and vendors , saving big on their portion of spend. Better business spend management awaits.

article thumbnail

How to Improve Your Indirect Spend Management Strategy

Procurement Express

Cost savings opportunities are missed, supplier management becomes reactive, and contract management falls apart. Inventory management also takes a hit, with teams over-ordering or scrambling to make last-minute purchases. Heres how they do it: Educate teams on the hidden value of indirect spend management.

article thumbnail

Coupa’s journey from Business Spend Management to Supply Chain Management — Assessing progress on seven key dimensions

Spend Matters

Categories: Procurement Strategy & Planning , Procurement Systems & Architecture , Solution Providers , Source to Pay , Spend Management , Supply Management , Technology Tags: PRO I attended Coupa’s annual Inspire conference this year and was excited to finally attend a large event rather than just small meetings with clients and colleagues.