Procurement’s aim for visibility and transparency is transformed into practical insight by data.
Greater visibility enables procurement to maximize savings while ensuring the company can remain competitive in the digital landscape.
When it comes to categories like cloud software, where buyers can act independently, visibility allows procurement to improve savings leverage and avoid “shadow spend” with centralized oversight.
This Art of Procurement Podcast features Emily Campbell, Director of Product Design & Research, and Nick Pinkman, Sr. Cloud Manager at Vendr.
The pair discuss the importance of centralizing workflows for managing spend and headcount, the types of cloud savings procurement should negotiate, and the data they should have before entering a cloud software negotiation.
Listen to the Art of Procurement Podcast.
The post Podcast: How to stop shadow spend first appeared on PASA.
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