Source One is a Recognized Leader of Spend Management Solutions
Enterprise Spend Management can be defined as managing operational spend in order to most effectively build and deliver products and services and improve profitability.
Effective Spend Management helps companies control and optimize the money they spend for goods, services and other operational costs of doing business.
Source One is a leader in providing sourcing services and solutions for spend management.
Source One can assist in the analysis of corporate spend and will provide the on-demand resources and solutions to support strategic sourcing, outsourced procurement, contracting, negotiations, auditing, e-enablement and compliance.
Spend can typically be broken down into three categories:
- Direct Spend – Raw goods and materials used in the creation of products,
- Indirect Spend – Other expenses that do not go into the finished product, such as office supplies, freight and benefits; and
- Services – Temporary labor, legal, marketing expenses, etc.
Source One’s spend management services look to increase the quality of your procured products and services while decreasing the costs of acquisition through contracting, process improvements and collaboration.
In addition to saving money, Source One looks to control your ongoing and future costs to ensure the sustainability of your best practices in procurement.
Advantages of engaging Source One for Spend Management Services:
- Get Savings Faster
- On-Demand Resources to support your existing staff without increasing labor costs
- Technology Solutions to increase the productivity of your processes without increasing payroll
- Instant access to additional category and subject matter expertise
- Benchmarking services to the compare your organization with the rest of the market
- Minimal Risk – Services can be paid from savings achieved
- We are the leader in providing Mid-Market Spend Management Solutions
With Source One, you can do more with less. Our team will provide the on-deman resources to ensure you are getting the most out of your supply chain.
Spend Management Solutions
With services and solutions to manage your entire spend, Source One can help you with benchmarking, spend analysis, market research, electronic procurement enablement and strategic sourcing.
Our Spend Management Services allow you to pick and choose which services are right for you, you do not have to purchase an entire “suite” of solutions when you only need help in one area.
Spend Reduction Consulting
Our strategic sourcing services can help you reduce your spend amounts in all products and services that you procure. Spend Reduction Consultants
Conducting a proper spend analysis is critical in identifying opportunities for improving the management of your spend. Spend Analysis Consulting
Spend Management News
Source One publishes a variety of news sources with tips on managing spend.
Spend Management News