The Spend Strategy Blog

Spend analytics is a powerful tool that helps finance leaders improve working capital and enhance the company's financial health.

Jane's success story has been recognised by her peers in the insurance and financial services sectors, and she often gets consulted to share her experience and best practices.

Spend category management is the process of classifying and grouping a company’s spend based on products, services, suppliers, departments, etc.

What did CFO Sue do to improve her working capital? Well, she tried spend analytics and had a jaw-dropping moment when she realised she could achieve £250M in working capital.

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

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

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.

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

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.