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White Paper Registration: Capture More Spend Under Management: Attack the Gaps in Your Sourcing Toolkit with an Advanced Sourcing Solution

Abstract: Over the past decade, many companies have adopted e-sourcing solution suites to get corporate-wide spending under control and reduce costs. Over time, most have steadily reached a plateau in the amount of spend that they are able to centrally manage using these suites, often capturing only 30% of their organization’s spend under central management. As these organizations struggle to meet corporate objectives for increasing their control over enterprise-wide spend, they are finding that their existing technology solutions are unable to efficiently support central sourcing processes and the needs of local spend owners. Those organizations poised to achieve the next level of spend under management and cost reductions are those that are adopting a more advanced strategic sourcing solution, like that offered by CombineNet ASAP, to augment their existing technology investments.