Spend Management

tail spend

14 min read

The Hidden 20%: Why Tail Spend Deserves a Spot in Procurement Strategy

Control tail spend with clear steps: set thresholds, consolidate suppliers, and provide buyers with practical tools.

Marta Holyk
Marta Holyk
Procurement Basics
spend management strategy guide

20 min read

How to Build a Spend Management Strategy That Works

Gain control, cut waste, and align procurement with business goals through a clear, effective spend management strategy.

Marta Holyk
Marta Holyk
Procurement Basics
financial audit

13 min read

Financial Audit: Definition, Types, and Best Practices

Financial audit coming up? This guide explains what it is, how it works, and shares tips to prepare and improve your results.

Anastasiia Svyr
Anastasiia Svyr
Procurement Basics
definition of the accounts payable ledger

14 min read

Accounts Payable Ledger: Meaning, Examples, and Tips to Manage

Learn what an accounts payable ledger is, see practical examples, and discover expert tips to manage it efficiently for better financial control.

Anastasiia Svyr
Anastasiia Svyr
Procurement Basics
should cost model definition

14 min read

Should-Cost Model 101: How to Build, Calculate, and Negotiate?

Discover how to build and calculate a should-cost model and use it to negotiate smarter pricing and improve procurement outcomes.

Anastasiia Svyr
Anastasiia Svyr
Spend Management
financial forecasting

17 min read

Financial Forecasting: What It Is, Why It Matters, and How to Get It Right

Learn how businesses use financial forecasting to create future-proof strategies and embrace upcoming challenges.

Svitlana Mysak
Svitlana Mysak
Procurement Basics
cost efficiency guide

13 min read

Cost Efficiency: Definition, Examples, and Best Practices

A complete guide to cost efficiency in operations, budgeting, and procurement. Learn definitions, examples, and top methods to cut waste and maximize ROI.

Anastasiia Svyr
Anastasiia Svyr
Procurement Basics
cost control

18 min read

Cost Control: A Key to Sustainable Budgeting

Explore the importance of cost control in your business. Learn practical strategies to manage your expenses and invest in lasting growth.

Svitlana Mysak
Svitlana Mysak
Procurement Basics