Is your organization ready to take on indirect spend?

This quiz goes through some of the key procurement strategies and technology capabilities that you need to successfully tackle indirect spend. To get your grade – just answer the questions below, tally them up, and discover if your organization has what it takes.


IndirectSpendQuiz

Whitepaper Webinar Contact

 

 

If you didn’t answer yes to everything, check out our educational whitepaper to learn more about integrating AI technology into your organization and see which vital procurement strategies you can implement to start driving results now.

Want to see more?

Explore our other resources

 

 
Sourcing

Strategic Sourcing and Supplier Engagement

Strategic sourcing:  A disciplined approach to supply market analysis that continuously improves and re-evaluates the purchasing activities of an organization. Strategic sourcing provides the best possible values in the marketplace to produce sustainable savings and reduce cycle times. Sourcing optimization starts from a diverse strategic perspective and usually takes the form of strategic decisions. It is important to identify untapped opportunities to improve vendor access and increase the value of each dollar spent. Drive benefits...

Read More
 
Procure-to-Pay

Having trouble controlling your procurement spend? You’re not alone.

Many organizations struggle with poor procurement spend visibility or lack it completely. Think about the old adage, “you can’t control what you can’t measure,” and you’ll realize that this is an ongoing challenge with large enterprise organizations. Without visibility into what your organization is spending, you have no way to control it. The top, and the most obvious, reason why most organizations struggle with spend management and compliance is that the majority of procurement spend...

Read More
 
Procure-to-Pay

Why does maverick spend occur?

Recently, we co-hosted a webinar with Institute for Supply Management (ISM), and it was full of great insights! ISM’s Managing Director of Global Operations, Lane Burkitt, chatted with our Chief Strategy Officer, Steve Griffiths, about how technology is solving one of the biggest challenges that procurement organizations deal with: maverick spend. One of the highlights of the webinar was their discussion about the reasons why maverick spend occurs. Watch the informative clip or read the...

Read More