Why Manage Tail Spend When You Can Eliminate It

As a CPO, you probably don’t pay much attention to tail spend. But that’s a risky move. Managing “maverick” spend gobbles up precious resources and keeps your procurement team from more value-added activities. How can you control it?

A new GEP-sponsored SMI white paper — Why Manage Tail Spend When You Can Eliminate It— outlines the reasons procurement must automate tail spend management. Learn the three steps your team should take to put tail spend in the rearview mirror.

What’s Inside:

• Create a consumer-like user experience to drive adoption of automation
• Leverage analytics to identify where and how off-contract spend is happening
• Implement end-to-end processes and controls to help put an end to tail spend

This paper is a must-read for CPOs who want to take a leadership role in eradicating tail spend.