Understanding the cost of inaction to reduce unnecessary spend
No action is an action. Discover how leveraging, and understanding, cost savings and cost avoidance can help you conquer app chaos and optimize your spend.
Read More2024 guide to SaaS management
The average organization now uses over 300 SaaS apps. With so many apps spread across the business — and more being added every month — organizations are turning to SaaS management to effectively identify, manage, and renew SaaS apps to ensure they’re delivering value. In this guide, we’ll cover what SaaS management is, what terms…
Read MoreBreaking down the landscape of SaaS purchasing in 2024
In the current climate, organization’s need to justify all software purchases and ensure a greater ROI with all the vendors that they’re renewing with. The tricky part is getting IT, procurement, and finance teams to collaborate effectively.
Read More9 best practices for managing SaaS subscriptions and spend
Chances are, new SaaS applications are popping up at your organization every month. But as new apps come in, it’s important to evaluate how employees are using existing tools. Managing SaaS spend can feel like a headache, but these best practices can help to regain control of your SaaS portfolio. What is a SaaS subscription?…
Read MoreWhat is indirect procurement and why your company should care
Projected to grow by an estimated 7 percent per year globally, indirect procurement provides an often overlooked opportunity for companies to save time and money. When companies use digital solutions to “revolutionize” indirect procurement, McKinsey estimates cost savings of 15 to 20 percent. This provides a huge opportunity for companies to invest in their longevity…
Read MoreWhat is vendor relationship management?
Companies rely on outside vendors to help reach their goals. However, few are dedicating the time to ensure the success of those vendor partnerships. By implementing an effective vendor relationship management strategy, companies can achieve measurable success and see faster return on investment. What is vendor relationship management? Vendor relationship management (VRM) is the process…
Read MoreWinter is coming: 8 tips for end of year procurement readiness
Winter is coming. It may have already arrived for some. And that means it is time for end of year madness. While we all know it is coming, few of us have the bandwidth and resources to properly plan for the influx of requests, the surprise renewals, and the quicker than possible turn time expectations.…
Read MoreFrom tactical to transformation: How world class Procurement organizations are evolving today
We see that many Procurement teams are evolving from tactical to transformational functions with their companies – why is this happening now?
Read MoreWhat is Spend Management?
Not sure what Spend Management is? Here you’ll learn what Spend Management is and how it can help you and your business.
Read MoreFrom request to requisition: Best practices for faster decisions
How teams can rethink their procurement processes to make faster, smarter decisions.
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