Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

What is the difference between spend management and e-procurement?

April 26, 2017difference e-procurement Management spend

0

Posted

What is the difference between spend management and e-procurement?

1 Answer

0

Posted

Jennifer, E-procurement is part of spend management. Spend management is getting the most bang for the buck when building your product. Part managing this bang for buck is analyzing your companies spending on procurement, e-procurement, outsourcing, & SCM, and looking for ways to cut costs or boost efficiencies.