IT, along with finance, procurement and supply chain managers play a critical role in helping the business to manage their company spend. This is because:
• More buying decisions are being made by a growing number of employees.
• Remote working adds further complexity and visibility gaps in spending behaviours.
• Different systems are used to manage different categories of spending such as travel, expenses and invoices.
• Regulatory requirements are ever changing.
Managing spend has never been more complex – or critical.