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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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E-Purchasing for Procure-to-Pay Value with SAP Solutions
sponsored by Esker Inc.
WEBCAST: In this webcast, learn about intelligent e-purchasing technology that integrates with SAP solutions to automate the entire process.
Posted: 04 Sep 2008 | Premieres: 16 Sep 2008, 12:00 EDT (16:00 GMT)
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Webcast - Stop Leaking Profits: Best Practices for Establishing Company Spending Policies
sponsored by ExpenseWatch.com
WEBCAST: In this Webcast, learn success strategies for establishing and enforcing company spending policies that will enable you to reduce costs and improve profitability.
Posted: 01 Apr 2008 | Premiered: Available On Demand
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CFO Confidential: The Best Kept Profitability Secrets from Top Finance Execs
sponsored by ExpenseWatch.com
WEBCAST: Organizations are under constant pressure to reduce profits. View this Webcast to explore spend management strategies you can deploy to help your organization drive profitability.
Posted: 01 Apr 2008 | Premiered: Available On Demand
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Advanced Trade Spend Management Strategies for Consumer Products Businesses Webcast
sponsored by SAP America Inc
WEBCAST: Join SAP, Vistex, and your peers and learn firsthand how Sara Lee Foodservice implemented trade spend management by using SAP Incentive Administration and Paybacks & Chargebacks by Vistex. Hear about the tangible business process improvements
Posted: 04 Feb 2008 | Premiered: Available On Demand
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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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