Sourcing, procurement and vendor management (SPVM) leaders traditionally focus their efforts managing their largest spend categories and vendors. As a result, IT tail spend management has not been a strategic priority. According to a recent Gartner Survey, “24% of SPVM leaders have identified reducing the number of vendors as one of their top priorities”. At Conduent, we understand the need to have the proper insights into this part of your AP operation and have created FastCap Procurement Analytics Software and AP Recovery Solutions that are designed to deliver working capital in the form of savings and cash recoveries- with no upfront cost.
To learn more Gartner insights and recommendations on tail spend management, complete this form for complimentary access to their ‘Infographic: IT Tail Spend: Why It Matters Now’.
Gartner, Infographic: IT Tail Spend: Why It Matters Now, 15 March 2022, By Jaswant Kalay
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