Spend Performance Management - Maximize Savings, Reduce Supplier Risks
How do you effectively rationalize your company’s supply base to generate visible savings while meeting the needs of your stakeholders? In a challenging economic environment, companies’ top initiatives include reducing spend, increasing cost savings, and managing risks. To accomplish this, procurement teams must tie spend information to supply risk alerts, trade costs, and supply plans, yet make allowances for discretionary spending.
The SAP® BusinessObjects™ Spend Performance Management application provides full visibility into direct and indirect spend, and helps companies proactively identify cost savings opportunities and supply risks, reduce costs, maintain supply continuity, and increase spend under management.