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Taming Indirect spend - Role of Procure-to-Pay Technology (Zycus, Hackett Group)
Tuesday, April 28, 2015, 01:30am - 02:30am
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In a recent survey conducted by Zycus & The Hackett Group, expanding procurement’s scope and influence over spending has featured as top priority for 2015. Most procurement organizations, influence, if not outright control, their direct spend but what about indirect spend? 70% of procurement executives cite indirect spending as their top focus area for reducing costs – according to a leading analyst firm.
In this webinar, Vaibhav Pani, Senior Solutions Consultant, Zycus Inc. will explain how many organizations have achieved conspicuous saving numbers by focusing on indirect spend, which can account for 8-15% of total revenue and span more than 100 different categories.
Attend this webinar and get insights into;
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- Means to maximize savings from indirect spend
- Ways to ensure and enforce compliance policies in transactional processes
- How to achieve enhanced level of category management for indirect spend
- Role of procurement technology in managing indirect spend