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

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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.

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Spend Under Management Part 1 of 4

Ever wonder why many companies view indirect procurement as a non-strategic back office function? Maybe it’s that indirect practitioners often focus too narrowly on measuring cost savings from indirect spend sourcing initiatives and lose sight of how those initiatives impact core financial metrics such as total cost of ownership (TCO), operating profit, working capital, and cash flow, among others. Therefore, adopting a well-structured indirect spend management framework that establishes that connection can bring real value...

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This exclusive technology guide from Paystream offers global insights from top market and product analysts on the results driven by source-to-settle (S2S) solutions for the manufacturing industry. Learn more about the leading capabilities of S2S software and adoption best practices for manufacturing organizations. What you’ll learn: The 6 solutions that a source-to-settle automation software should include Source-to-settle process trends in manufacturing The value of adopting a specialized source-to-settle software

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Why RPA is not a breakthrough advancement in procurement

Procurement teams globally are facing the same common challenges. We hear it over and over: CPOs are constantly being tasked with cutting costs and doing more with less … yesterday. But how are they doing in actually overcoming these challenges? Let’s take a look.

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