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solving-tailspend-problems
The 1,2,3 of solving tailspend problems
February 19, 2021 at 8:45 AM
Organisations are going into 2021 with their eyes wide open. Cost saving opportunities must not be overlooked and tail spend transformation is a source of massive potential. This summary of the first part of our Tail Spend Management series sets out the 3 steps any company can take to gain a grip on unmanaged spend - leaving you ready to optimise spending and realise substantial gains.
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Tail Spend Troubleshooting - Why simple plans are most effective
Tail Spend Troubleshooting - Why simple plans are most effective
February 12, 2021 at 8:30 AM
Driving cost savings through tail spend management requires a bit of forward planning. This article focuses on how to make a plan for tail spend transformation - and why keeping things simple is key to success.
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Do this one thing to get the better of maverick spend once and for all
Do this one thing to get the better of maverick spend once and for all
February 5, 2021 at 8:45 AM
No organisation is going to be able to drive savings in the tail without getting a firm grip on maverick, or unplanned spend. Procurement teams throughout the land can tear their hair out over unmanaged purchases but unless a cultural change is made in the company as a whole, the situation won’t resolve any time soon.
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The problem with unmanaged spend and why it matters
The problem with unmanaged spend and why it matters
January 29, 2021 at 9:38 AM
Cost savings are rarely absent from corporate agendas and for good reason - after all, spending is a company’s biggest threat to financial success.
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how tail spend visibility leads to savings
Hiding in plain sight: how tail spend visibility leads to savings
January 22, 2021 at 10:39 AM
Procurement teams are facing new challenges. Purchasing during a time of huge market volatility, not to mention strained budgets and uncertain supply chains requires a steady hand on the wheel. In this article, we start to explore ways how to better manage your tail spend.
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Overcoming Three Key Barriers to Optimising Indirect Spend
December 4, 2020 at 2:00 PM
We know that tackling tail spend is a good way to control costs. But getting control of indirect spend is often easier said than done. In this blog, we're going to explore three key barriers to optimising your tail spend.
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Key Tailspend insights from over 400 procurement professionals
November 6, 2020 at 12:43 PM
There's lots of info out there on tailspend, but we wanted to dig a bit deeper. So we teamed up with CIPS and Supply Manager Insider to run an in-depth survey. We had an incredible response, with almost 400 procurement professionals taking part and giving their valuable insights.
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Spend Matters discusses Maistro’s distinct solution to solve gaps within indirect services procurement
July 17, 2018 at 1:07 PM
We met with Peter Smith and his team at Spend Matters to discuss the current environment where every area of spend is under the microscope.
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What is the Biggest Indirect Spend Management Challenge?
February 13, 2018 at 12:06 PM
When you control indirect spend more effectively, you immediately create more opportunities for savings. Even a single-digit reduction in annual indirect spend can lead to significant savings that boost your bottom line. So what barriers must procurement people overcome before their businesses can access these potential savings? There are two major obstacles.
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