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Downloads: Procurement Research

Fix the Tail to Propel Procurement: Attacking the Tail Spend Problem in B2B

Spend Matters - Free Research Download

Over the last 12 months, an increasing number of procurement organizations have come to Spend Matters asking how to solve their “tail spend problem.” The issue is simple to grasp — figuring out how to handle the 85%–90% of suppliers that constitute only 5%–10% of spend without consuming the majority of the procurement staff’s time — but far from easy to fix. To better understand the problem and determine the best solutions, we conducted a research study on how companies are addressing tail spend.

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The Accounts Payable Bicycle: Five Reasons Why Riding is Better Than Walking!

There's no question that bicycles represent a giant evolutionary leap from human locomotion. But they also provide a great metaphor for the opportunity that accounts payable (AP) organizations have to move away from manual processes to automated ones – with even greater efficiency and speed returns than a two-wheeler can provide. In this white paper, we provide a number of benefits that AP organizations can realize from automation and digitization. These examples can help not only make the case for high-value technology investments to drive AP efficiency improvements, but also to build AP finance and procurement value in the eyes of constituents and stakeholders. Download this paper to take off the training wheels – it's better to learn to ride properly from the start – and explore five benefits of putting AP on two wheels.

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Every Picture Tells a Story. What Story Does Your Accounts Receivable Data Tell You?

They say every picture tells a story. So, if you take a picture of your accounts receivable (A/R) function through the camera lens of A/R data, what will it tell you about your transactional order-to-cash processes? And what light will it shed on your approaches to cash collection, customer engagement and risk and compliance management — or your overall ability to influence business performance? When it comes to painting a picture of business health, unedited photographs rarely distort the truth, and that’s true for A/R data, too. The good news is that the more unflattering the picture, the more opportunity you have in front of you to provide better visibility to the business, improve cash flow and reduce risk. Now it’s time to grab your camera as we take you on a quick journey with how-to steps to improve overall A/R performance, starting first with explaining the role of A/R in overall business terms (i.e., why it matters!)

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