Difference between revisions 372202557 and 372202659 on enwiki

{{Unreferenced|date=December 2006}}

'''Spend management''' is the way in which companies control and optimize the money they spend. It involves cutting operating and other costs associated with doing business. These costs typically show up as "operating costs" or SG&A (Selling, General and Administrative) costs, but can also be found in other areas and in other members of the supply chain.

(contracted; show full)

In the end, however, Spend Management is about creating long-term and sustainable savings. True Spend Management (and by extension Total Cost Management) is considered by many to be an ongoing cyclical processing

== See also ==
* [[reverse auction]]
⏎
The main purpose of Spend Management is 

	Aggregate information from disparate clinical, contracting, purchasing and accounts payable systems. 
	Accelerate standardization efforts to identify savings opportunities. 
	Identify contract savings opportunities and maximize tier-level savings. • Prevent contact pricing errors due to expired or invalid contracts. 
	Access an on-line repository of digitized contract data, including pricing synchronization.

==Further reading== 
{{Citation
  | last1 = Pandit | first1 = Kirit
  | last2 = Marmanis   | first2 = H.
  | title = [[Spend Analysis: The Window into Strategic Sourcing]]
  | publisher = [[J. Ross Publishing]]
  | year = 2008
  | isbn = 1-932159-93-6 }}

==References==
<references />


[[Category:Management accounting]]

[[sk:Riadenie výdavkov]]