The Next Evolution of Spend Management

436 results

  1. Give Your Procure-to-Pay the Next Power of Analytics with SAP Spend Performance Management Solutions

    BIFinancialsGet an overview of the SAP Spend Performance Management solution and learn about the business case for implementing it. Learn the details about the features of Spend Performance Management. Using a case study example, gain an understanding of Spend Performance Management implementations and lessons learned. Key Concept SAP Spend Performance Management is an SAP BusinessObjects…...…
  2. The Next Evolution of Spend Management

    Reading time: 11 mins

    There are many variables that can complicate how SAP customers manage their spend, such as when significant portions of the workforce are external or when consumers have certain expectations for their travel and expense experience. Having a clear picture of every category of spend — whether that is travel, indirect, direct, or contingent labor and…
  3. Spend Analysis and SAP MM

    A wide range of business processes falls under the SAP MM (Materials Management) module, from purchasing to inventory management. Such an extensive portfolio of business processes also means much data being generated and captured. As SAPinsiders highlighted in our research reports like Process Automation and SAP S/4HANA, as well as in Process Automation in Supply…
  4. Reduce Your Procurement Risks with Spend Analytics

    As part of its positioning for the corporate boardroom set of enterprise performance management applications, SAP BusinessObjects Spend Performance Management enables financial and procurement decision makers to have full visibility into both managed and unmanaged spend in the enterprise and throughout the supply chain. Learn how to reduce procurement risks in your supply chain and…...…
  5. Enhance Supply Chain Efficiency with Spend Management Visibility

    The recent economic disruption has accelerated inefficiencies across the global supply chain, creating uncertainty for organizations. As a result, procurement teams face increasing challenges due to supply chain uncertainty. With globalization and the rise of new technologies, the supply chain has become more complex. To keep up with this ever-changing landscape, organizations need to be…...…
  6. SAP Spend Connect Live Event debuts AI for Spend Management Solutions

    At its SAP Spend Connect Live event in Vienna, SAP announced new business AI and user experience innovations for spend management.
  7. Leveraging Machine Learning (ML) in Spend Analysis solutions

    Machine Learning (ML) based algorithms are slowly percolating into a wide variety of supply chain solutions and spend analysis solutions are no exception. In this article, I share few ways Machine Learning (ML) algorithms are already being used or can be used in spend analysis context. Note that these suggestions are focused only on spend…
  8. SAP Announces Winners of the 2023 SAP Global Intelligent Spend and Business Network Partner Excellence Awards

    During the 2023 SAP Spend Connect Live event, SAP presented its SAP Global Intelligent Spend and Business Network Partner Excellence Awards.
  9. Maximize Supply Chain Transparency and Gain Control of Freight Spend with the Latest SAP TM Capabilities

    Achieving increased transparency across today’s complex supply chains is a fundamental objective for many organizations. Gaining such visibility has proven to be a very real challenge impacting both operational efficiency and customer service levels. Equally important is the ability to effectively manage transportation costs, which is critical in achieving total efficiency across the entire supply…...…
  10. The Future of Intelligent Spend Management for the Public Sector

    The pandemic has put the public sector in a pinch. Ever-tightening government budgets require rigorous spend management and AP controls, even as demand for services remains high. Meanwhile, many public sector employees are working remotely, fundamentally shifting a key aspect of spend management and oversight. These challenges are not new, but they have been amplified…