Complex Spend

Editor’s note: Today’s article highlights the findings from a new Ardent Partners research study, How SMBs Can Manage Company Spend, which was sponsored by spend management solution ExpenseWatch. The report, which discusses how smaller organizations can make the case for centralizing spend management operations and support programs with spend management automation, is available for download [...]

The realm of complex spend management is never dull. From contingent workforce management to business travel and expense management, these industries encapsulate multiple “worlds” within the average organization, from finance to procurement to human resources, operations and beyond. Gone are the days when executives would push these categories off to the side in favor of [...]

[Editor’s Note: It’s almost 2015 and, to cap off 2014 in style, Payables Place will run five of the best posts from the 2014 archives. We continue our “Best of” series today with Chris Dwyer’s look at the CFO’s view of contingent workforce management, which originally appeared on September 26.] The Chief Financial Officer (CFO) of the [...]

There are many reasons why “complex spend management” (sometimes called complex category management or services procurement)  has been the focus of my professional career and why Payables Place (and sister-site CPO Rising) devotes significant space to the area. Here are a few: The categories often represent large buckets of spend for the average enterprise Many enterprises [...]

It’s been previously stated here at Payables Place that the business travel category has been on both a budgetary and strategic rise over the past half-decade; as more and more enterprises rely on business travel to foster customer relationships, spark new business development, and maintain core supplier unions, it becomes critical for the average enterprise to [...]

Around these parts, the phrase “complex spend management” is tossed around frequently when discussing how the modern executive should develop their global programs and strategies. Today’s Payables Place article is an overview of why the “hottest” complex spend categories (which have been historically linked to indirect spend management) must be critical focal areas for every financial professional. Although [...]

The Chief Financial Officer (CFO) of the typical organization is now tasked with more than ever before, often asked to be the “savior” of enterprises that struggle to maintain a clear picture into total cash and corporate finances. Payables Place is pleased to present a series that highlights the “CFO’s view” of various functions and [...]

Thursday afternoon, global software provider SAP AG (NYSE – SAP) announced its intent to purchase Seattle-based travel, expense and invoice management solution provider Concur (Nasdaq – CNQR) for approximately $8.3 billion (based upon the announced acquisition price of $129 per share). The agreement signals another major shockwave in the global enterprise solutions industry that follows on the heels of SAP’s 2012 [...]