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Top 4 Ways to Enhance Procurement Visibility & Control
The P2P (Procure-to-Pay) market is mature – and growing - valued by Gartner at $824 million in 2013 and recently projected by Spend Matters to reach $1.6 billion by 2015. But are organizations really getting the maximum return on their P2P investment dollars? A closer examination reveals ways to uncover missed savings opportunities. This white paper provides you with four key areas organizations could focus to enhance procurement visibility and control by -
- Automation of Processes
- Enhanced Line item Spend Visibility
- Defer Non Budgeted Purchases - Guided Buying at Rescue
- Controlling Maverick Spend