The Spend Strategy Blog

Dive into best practices, expert insights, and industry knowledge to elevate your spend strategy. Learn how to harness your data to improve financial performance, reduce risk, and drive growth.

Activity-Based Costing Can Help Increase Your Profitability!
June 14, 2022
5 min

Activity-Based Costing Can Help Increase Your Profitability!

Activity-based costing is driving business profitability. How can Spend analytics help in effective activity-based costing?

Record Breaking Business Performance: 5 Powerful Tips To Get Your Business Units Skyrocketing
June 14, 2022
6 min

Record Breaking Business Performance: 5 Powerful Tips To Get Your Business Units Skyrocketing

What should businesses do to grow and stay ahead of competitors?

Growing your business with payment analytics and insights
June 1, 2022
5 min

Growing your business with payment analytics and insights

Payment Analytics is the process of integrating and analysing payment data from different sources like bank transfers, credit cards, employee expenses, P-cards, and supplier invoices.

What is maverick spend and how you can control it successfully?
January 24, 2022
7 min

What is maverick spend and how you can control it successfully?

The first step to bring transparency and visibility to your maverick spend is deploying a spend analytics solution.

Spend Category Management & its Benefits in Procurement
June 1, 2022
5 min read

Spend Category Management & its Benefits in Procurement

Category management is a strategic approach within the procurement function where organisations segment their spend into areas that contain similar or related products, enabling focus on opportunities for consolidation and efficiency.

How to write a business case for transformative spend analytics
January 20, 2022
5 min read

How to write a business case for transformative spend analytics

Eliminate the guesswork in your business spend. Get visibility into how and where your business is spending money with spend analytics

Five Spend Analysis Benefits Pharmaceutical Executives Should Know About
January 20, 2022
6 min read

Five Spend Analysis Benefits Pharmaceutical Executives Should Know About

Spend analysis is often overlooked in pharma, but when accurately performed, it can result in sustained, bottom-line impact.

Artificial Intelligence & Machine Learning in Procurement
February 18, 2022
5 min read

Artificial Intelligence & Machine Learning in Procurement

Discover how AI in procurement has accelerated the collection, analysis, and utilisation of data to generate meaningful insights that inform decisions.

Use of spend analytics to drive your organisations transformation
January 24, 2022
10 min read

Use of spend analytics to drive your organisations transformation

Spend analysis is the process by which unstructured spend or invoice data is converted into structured data and meaningful information that can provide executive management transparency.