The Business Case for eProcurement Systems
Spend Under Management Series | White Paper 3
This White Paper identifies the key elements of the business case for investment in eProcurement solutions that provide the Spend Control framework you need to increase your level of Spend Under Management.
The case is simple – as you increase the percentage of total spend that you have ‘under management’ (as it has been defined in previous white papers), you will increase your savings and realise other strategic benefits. The ‘cause and effect’ is easy to understand, and the process is proven.
Spend Control is the overall process by which an organisation manages what it spends. The strategic goals of an organisation’s Spend Control efforts are to:
- Maximise savings and value
- Minimise risk
- Minimise process cost