Spend management as a discipline has traditionally been the domain of the procurement department, with finance being at the end of the chain mired with a lack of visibility to support cost containment.
Thanks to technological advances, Business Spend Management (BSM) has emerged, and is empowering finance leadership to better understand — and influence — how resources are being used across their company.
This guide outlines how BSM technology can solve the challenges of legacy spend management processes and systems, unlock cash flow, improve liquidity, reduce risk, and enable sustainable growth. Gain insight into the:
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