As a senior executive, you are probably asking yourself what you can do next to make a significant impact on your company's profitability. Many in your position are looking at Spend Control as a likely next move.
You may be wondering if it is possible to implement effective Spend Control without first replacing your existing Enterprise Resource Planning (ERP) system. You know from experience that process can be long, expensive and risky. You don't want to do it if you can possibly avoid it. You may also realise that just swapping out your basic financial systems won't, in itself, enable Spend Control. Something more will be needed even with a new ERP system.
The good news is that you can deploy highly effective Spend Control around just about any core financial management or ERP system. In fact it makes good sense to use an eProcurement system that is outside the bounds of ERP for two important reasons: