CFOs Find a Sharp Strategic Edge in Business Spend ManagementFinancial services firms are often now turning to Business Spend Management (BSM) as a strategic solution
Cloud-based technology is providing financial services firms with better control and visibility into spending - and as a result, they are becoming fiercer competitors.
Report Snap Shot
- A cloud complete-BSM solution can track and measure all purchasing activities, identifying patterns that provide opportunities for negotiating discounts, and better managing risk
- To increase savings across source-to-contract, procure-to-pay, travel & expense management, as well as risk and supplier management
- Modern technology enables the finance function to take cost-management to a deeper level—without investing in IT infrastructure