Spend Compliance – Contracts, Payments and Budgets: 50 Shades of Pay (Part 16) [Plus+]

spend compliance

In our previous installment of this miniseries on spend compliance, we introduced a framework for developing a spend compliance strategy and a way to use spend analytics to support for components of the strategy. In this installment, we will dive into the first aspect of spent compliance that relates to contracts, payments and terms, and budgets. We’ll also use proven best practices based on research conducted earlier this year. This miniseries is also written to a broader audience beyond procurement so that procurement readers can forward the series to their counterparts in accounts payable, treasury, controllers, internal audit, risk management and the budget owners. Let’s dive in.

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