Enterprises today continue to make millions of dollars in purchases that are too small to be handled by procurement or too infrequent be included in catalog systems. Most companies miss their tail spend because it is not strategically managed, thus not often accounted for. The result is a neglected tail spend that has the potential to drain millions of dollars—a considerable portion from the company’s coffers.
How do you know if your company has a tail spend problem? Even if you suspect that you have a problem with tail spend, why is it difficult to come to grips with it.
The Value potential and Challenges of managing Tail Spend
Practical approaches and methods to manage Tail Spend
See Live Demo – Managing Tail Spend using the Ivalua Suite in action
Len Prokopets, Managing Director, KPMG LLP
Brian Murphy, Director, KPMG LLP
Claire Cunningham, Senior Solutions Consultant at Ivalua
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