Spend Control
Have you ever wondered why all your control and efficiency improvements have not been reflected in the bottom line, despite all the hard work to introduce measures to ensure best practice in finance, procurement and system processing?
Traditional e-Procurement systems do not help; they make it easier to spend more! They offer electronic processing but fail to solve many of the issues in paper systems.
Equally finance systems provide too little information, too late. They do not enable effective financial control, nor do they enable management to prevent overspending before it is too late!
Contact us and we will review and report on possible hidden costs or system conflicts affecting your bottom line. It may be that you need one or two extra components to complete the cycle and seize control of your own spending.
Or you may prefer a comprehensive spend control solution that interacts seamlessly with all your existing systems and guarantees a rich return.
Seize Control of Your Corporate Spend
Spend Control tackles all the key expenditure issues and includes:
- Contract management and the elimination of maverick buying
- User empowerment and compliance
- Streamlined P2P processing without inefficient duplication of data entry
- Commitment accounting and financial controls, preventing budget overspends
- Latest procurement tools, including e-Sourcing and e-Marketplaces
- Supplier Relationship Management
- Automated invoice matching and mismatch resolution
- Stores, purchase cards, recharges and sales invoices
- Expense claim management
- Online management information including executive dashboard and alerts
- System integration, enabling one real-time view of expenditure
Spend Control has already been instrumental in many turnround situations.