Difference between revisions 542679242 and 543434925 on enwiki

{{Refimprove|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 process.

== IT systems for Spend Management ==
* [http://www.orpheus-it.com Orpheus - Germany]
* [http://www.sievo.com 
sSievo - Finland]
* [http://www.zycus.com Zykus - India]

== See also ==
* [[reverse auction]]

==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{{Please check ISBN|reason=Check digit (6) does not correspond to calculated figure.}} }}

==References==
{{Reflist}}

[[Category:Management accounting]]
[[Category:Procurement]]
[[Category:Supply chain management]]

[[sk:Riadenie výdavkov]]