Agile BPI / QAD EA Users: Managing Indirect Spend
Indirect spend, also known as tail spend, is often an overlooked issue for financial professionals. According to research conducted by The Gartner Group in 2012, “For the average company, a 5% savings on tail spend can be the equivalent of a 10% increase in profit. Eliminating Maverick spend; or ‘uncontrolled buying’, by automating indirect spend…