Control Spend and Spend Management System

Leading analyst IDC recognizes innovation in procurement solutions.

Airbase

OCTOBER 25, 2023

For decades, the many steps and stakeholders in large enterprise purchasing meant procurement teams had to rely on heavyweight, expensive solutions, while mid-market companies either had to adopt one of those overly cumbersome solutions or throw some ad-hoc procedures together to try to control spend.

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Spend under management: The procurement KPI you should be tracking at any stage.

Airbase

AUGUST 2, 2023

This is referred to as spend under management (SUM), and is an extremely useful KPI at any stage Centralizing a decentralized world. SUM is a basic procurement metric that measures the proportion of an organization’s total managed and controlled spend through procurement processes.

Spend Management

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Leading analyst IDC recognizes innovation in procurement solutions.

Spend under management: The procurement KPI you should be tracking at any stage.

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