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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.  … 
Definition continues below.


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Spend Analysis: Business Data Warehouse Vs. Best of Breed - The Great Debate
sponsored by Emptoris
WHITE PAPER: This paper compares the capabilities of Business Data Warehouse Vs. Best of Breed to help determine which one is the best fit for your business.
Posted: 17 Sep 2008 | Published: 17 Sep 2008
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Strategic Meeting Management: Best Practices for Success: A Tips and Tools Guide to Effective Implementation
sponsored by StarCite
WHITE PAPER: In studying the best practices in strategic meeting management, there's proven evidence that a "managed" meetings program can generate significant and immediate cost savings for corporations of all sizes.
Posted: 29 Aug 2008 | Published: 29 Aug 2008
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Five Procurement Guidelines You Can't Afford to Ignore
sponsored by StarCite
WHITE PAPER: Here is a list of 5 guidelines that companies should keep in mind as they create their spend management program: Data Consolidation, Preferred Vendor Program, Legal Oversight, Company-wide Visibility and Coordination.
Posted: 29 Aug 2008 | Published: 29 Aug 2008
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Mid-market Meetings Management
sponsored by StarCite
WHITE PAPER: Aberdeen research has found that although both the mid-market and large sectors have similar performance results and organizational structures for meetings management, large organizations are better positioned for long-term success.
Posted: 29 Aug 2008 | Published: 29 Aug 2008
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Stop Leaking Profits: Best Practices for Establishing Company Spending Policies
sponsored by ExpenseWatch.com
WHITE PAPER: Learn how to establish spending policies that encompass all company spending so your finance executives will make significant in-roads into reducing costs and improving profitability.
Posted: 01 Apr 2008 | Published: 01 Jan 2007
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Top Ten Reasons to Automate Operating Expense Controls
sponsored by ExpenseWatch.com
WHITE PAPER: Manual processes are error-prone, time-consuming and costly. Learn the top ten reasons to automate operating expense controls.
Posted: 01 Apr 2008 | Published: 01 Jan 2007
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Managing Today's Professional Service Organization - How to Improve Efficiency and Increase Profits
sponsored by Epicor Software Corporation
WHITE PAPER: Enterprise service automation has eased a number of business challenges for companies, including efficiency, billing and performance. Learn development and solution best practices for enterprise service automation and realize increased profits.
Posted: 21 Feb 2008 | Published: 01 Jan 2005
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Managing Services Spend -- Supplier Relationship & Contingent Workforce Management in the Service Enterprise
sponsored by Epicor Software Corporation
WHITE PAPER: Learn how supplier relationship management (SRM) will help you maintain relationships with suppliers, enabling you to drive down costs and manage risk. Save time and money while receiving the goods and services your business needs.
Posted: 21 Feb 2008 | Published: 01 Jan 2006
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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.
Spend Management definition sponsored by SearchCIO.com, powered by WhatIs.com an online computer dictionary



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