Spend Management Multimedia

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Nov 8, 2009

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Spend Management
ALSO CALLED: Enterprise Spend Management, ESM, and Spend Analysis DEFINITION: In an enterprise, spend management is managing how to spend money to best effect in order to build products and services. The term is intended to encompass such processes as outsourcing, procurement, e-procurement, and supply chain management. Since the "spend manager" could have a significant impact on a company's results, it has been advocated that this manager have a senior voice in running the … Definition continues below.
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Podcast: Optimizing Business Performance with Automated Accounts Payable Processing for your SAP System sponsored by ReadSoft PODCAST: Attend this podcast to listen as food pioneer Rich Products shares the strategies that streamlined payable processes, consolidated AP processing from 19 locations to one and saved them $600,000 in early pay discounts. Posted: 23 Oct 2009 \| Premiered: 23 Oct 2009 TOPICS: Accounting \| Accounting Industry \| Billing Software \| Business Process Automation \| Document Management \| Electronic Discovery \| Financial Management \| Financial Reporting \| Financial Transaction Processing \| Payment Processing \| Workflow Software

Optimizing Business Performance with Automated Accounts Payable Processing for your SAP System sponsored by ReadSoft WEBCAST: Attend this webcast to listen as food pioneer Rich Products shares the strategies that streamlined their payable processes, consolidated AP processing from 19 locations to one and saved them six figures in discounts. Posted: 06 Oct 2009 \| Premiered: 06 Oct 2009 TOPICS: Accounting \| Accounting Industry \| Billing Software \| Business Process Automation \| Document Management \| Electronic Discovery \| Financial Management \| Financial Reporting \| Financial Systems \| Financial Transaction Processing \| Financing \| Payment Processing \| Workflow Software

Oracle AppCast: Aligning Finance and Operations with Business Strategy sponsored by Oracle Corporation PODCAST: Complexity, uncertainty, global competition and shrinking cycle times are all challenges organizations face today. As a result, finance needs to take on the role of a business partner and work with operations to accommodate the business plan. In order to do this, the proper tools need to be in place. Posted: 16 Sep 2009 \| Premiered: 16 Sep 2009 TOPICS: Business IT Alignment \| Business Management \| Financial Management \| Financial Metrics \| Financial Systems \| Operational Metrics (Systems) \| Oracle (Product) \| Podcasts

Beyond the Basics: Cost-Cutting Tips & Tricks From the Experts sponsored by SAP America Inc WEBCAST: The provisions of the recent stimulus package can actually reduce your debt service. Want to get expert advice on staying lean and increasing your financial leverage? Learn more about this and other options for cutting costs and boosting your profits in this online event sponsored by SAP. Posted: 16 Mar 2009 \| Premiered: 16 Mar 2009 TOPICS: Accounting Software \| Business Intelligence \| Business Process Management \| Economic Environment \| ERP \| Financial Management \| Inventory Management \| Manufacturing \| SAP (Product) \| Shop Floor Control \| Supply Chain Management

Growing Your Business: Creative Strategies for Tough Times sponsored by SAP America Inc WEBCAST: Position yourself for the re-bound during this slow economy. Join our panel of experts to discuss this important topic and to get some creative strategies for capitalizing on an economy in distress - and competitors in retreat. Gain insights on what you need to do to have your business thrive, no matter what the financial climate. Posted: 16 Mar 2009 \| Premiered: 16 Mar 2009 TOPICS: Accounting Software \| Business Intelligence \| Business Process Management \| Economic Environment \| ERP \| Financial Management \| Inventory Management \| Manufacturing \| SAP (Product) \| Shop Floor Control \| Supply Chain Management

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SPEND MANAGEMENT DEFINITION (continued): … In an enterprise, spend management is managing how to spend money to best effect in order to build products and services. The term is intended to encompass such processes as outsourcing, procurement, e-procurement, and supply chain management. Since the "spend manager" could have a significant impact on a company's results, it has been advocated that this manager have a senior voice in running the company. Ariba is considered the leader in selling software for spend management. It says that its Enterprise Spend Management (TM) Suite encompasses analysis, sourcing, buying, contracting, invoicing, and managing the workforce.
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