The topic of Spend Management Solutions has been gaining a lot of followers within the NLPA Community. Interest in a recent article, “Spend Management Technology Trends” appears to show that.

Purchasing technology is a subject that I love. One of the most exciting purchasing projects I led was implementing an eProcurement system in the “early days” when dot-com fever was running wild.

Now, based on responses to our recent survey, it seems like many of you are implementing some of the modern systems. My advice would be to absorb yourself in the process and enjoy it. The experience will make you a more valuable asset to your current and/or future employer.

Here are some helpful articles to check out:

• Effective Spend Management & Transformation
• Enterprise Spend Management
• The Spend & Supply Management Debate
• On-Demand Spend Management Solutions
• Powerful Approach for Managing Your Spend and Risk
• Why Direct Spend Procurement Cost Savings Matters More

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Recommended Reading

• Direct vs. Indirect Spend
• Adding Procurement Value to Marketing Spend
• Spend Analysis
• How to Manage Spend Before It Starts
• Cost Savings Calculations
• Cost Savings Ratios
• Measuring Cost Savings

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