Spend Visibility – Why Is It So Important?

by Tony | Tail Spend

It is crucial that organisations have clear visibility of what they are buying and how much they are spending. Yet few organisations have a good understanding of their spend visibility. For most organisations complex indirect spend categories pose an opportunity for...

5 Steps to Procurement Maturity

by Tony | eProcurement

Follow our 5 steps to achieve Procurement Maturity What stage is your business at? Businesses experience common problems which occur at similar stages in their development on the road to maturity.Identifying where your business is in it’s development can help you to...

What is Tail Spend?

by Tony | Tail Spend

Tail Spend is a phrase that is commonly used to describe the spend that a company is making but not accounting for or managing strategically through the company’s procurement policy. Tail Spend falls outside of the main purchasing processes associated with the direct...

Procurement Challenges and how to manage them

by Tony | eProcurement

In an increasingly complex environment Chief Procurement Officers have to face many procurement challenges. They can no longer focus purely on reducing costs and delivering goods and services: The role of procurement within organisations continues to expand so the...

The Challenges of Traditional Procurement Process

by Tony | eProcurement, Managing Suppliers

Traditional procurement processes can be characterised by manual and resource-intensive activities. Even where some automation is in place there can be unacceptable levels of manual transactions and activity to address exceptions, ad-hoc purchases or specific project...