Procurementcompliance

How to improve your indirect spend management

How to improve your indirect spend management

Managing your indirect spend is not only pivotal for your company’s financial standing, but to also have the transparency of the company’s cash outflow and being able to mitigate potential risks that you might face. In assessing your strategies, you have to begin with having clarity between your indirect and direct spend as managing between…

Procurement Compliance: Control Spend & Increase Gains

Procurement Compliance: Control Spend & Increase Gains

In general, the term “compliance” is thought to be the overlooked devil that disables you from turning a blind eye over a pushy salesperson or forces you to do things, simply because they are on trend. However, in business, the term takes a rather serious tone as it is immediately associated with following rules and…