Why Business Spend Management Should be in Every CFO’s Toolkit

​Spend management is often the responsibility of the procurement department, with finance being at the end of the chain to process invoices and mired with lack of visibility to support cost containment. 

With advances in technology, CFOs have the opportunity and visibility to better understand spending practices across their organizations and apply precision tools to contain costs. With the added insight these technologies offer, Business Spend Management (BSM) has emerged, and is empowering CFOs to better understand how resources are used company wide. This webinar outlines how BSM technology can solve the challenges of legacy spend management processes and systems, unlock cash flow, improve liquidity, reduce risk and enable sustainable growth. Gain insight into:

  • The risks of siloed spend management systems and practices
  • The importance of BSM to strategic financial management
  • The organizational control BSM technology yields 


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