Few metrics have caused more trouble for procurement than “spend under management.”
Stakeholders feel friction and frustration. Finance questions procurement’s ability to measurably impact spend. And procurement? They can’t always define what spend under management means, but they are sure it doesn’t effectively capture their whole value proposition.
The time has come to walk away… by replacing spend under management with 100 percent spend oversight.
In this AOP Live session, Art of Procurement’s Philip Ideson and Kelly Barner were joined by Colin Glazier, VP of Solutions Consulting at Zip. They discussed a new whitepaper on spend oversight – part of the AOP mission to 10X the impact of procurement.
Watch this AOP Live session to discover:
The differences between spend management and spend oversight,
How an oversight-driven approach can improve the quality of the procurement experience, and
Ways digital platforms can aid procurement in their quest to increase spend oversight without creating undue risk or loss of visibility.
