Are you leaving thousands of dollars on the table due to inefficient indirect spend protocols? Here are the four steps you need to take to gain control over your indirect spend. Look around your office. Most of what you see, from pens to stationary to printers and more all fall […]
Reggie Peterson
7 posts
Part 1 of this blog discussed how to identify if you have tail spend problems and what the scope of those problems may be. Dealing with it starts with looking at your vendor list. Too many vendors means too many issues Look at your vendor list. Are there too many […]
Gaining control over tail spend also means you gain control over your company’s working capital and get a view to future profitability. This blog first appeared on the Corcentric website. The internet and globalization have made today’s business environment more competitive than ever before. Increasing an organization’s revenues is not […]
There’s no doubt that the relationships you build with your customers is essential for the success of your business.. But don’t ignore another invaluable relationship…the one you have with your suppliers? This blog first appeared on the Corcentric website. Collaboration has become a key component for success in a business […]
Collecting and tracking holistic data is the key to buying what your business actually needs, when it needs it, and at the right terms. When it comes to capital equipment and direct spend purchases, companies, by and large, maintain significant control, keeping a close watch on inventory, pricing, and contract […]
A new AmeriQuest white paper details how taking a digital approach to procurement can bring dark purchasing into the light. Companies know that managing spend and controlling working capital are vital steps on the road to growth, yet many are unable to achieve company goals due to ineffective and problematic […]
You may be unnecessarily leaving hundreds of thousands of dollars on the table. Here are 4 ways to mitigate this problem. This blog first appeared on the AmeriQuest Business Services website. Pens, paper, notebooks, laptops: for most, the existence of these items falls under the realm of indirect procurement. Unfortunately, […]