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Government spending is primed for Spend Management



Increasing the usage of effective and efficient spend management in the public sector has long been a topic of discussion in procurement circles. The value that has been realized by the private sector from the institution of advanced sourcing, contracting, procurement and payment techniques has been staggering. Many in the private sector look at this and think "if only we could do this for the government and, even more, the taxpayer".



The Time is Now



Despite the challenges, the potential value from broad implementation of Spend Management in the public sector is enormous. Cost savings is just one of the benefits:

  • Improved compliance with existing processes and regulations
  • Reduced cycle times associated with contracting and acquisition
  • Better products and services to agencies and stakeholders
  • Lower Total Cost of Ownership for government purchases, both goods and services
  • More transparency into spend, supplier performance, invoicing and all other parts of the Source-to-Pay cycle

In the US, there is new momentum behind a federal embrace of Spend Management that provides an historic window to officials and partners willing and able to seize this chance.

These events have combined to give hope to taxpayers and federal change agents alike. The next step is to get started.



Spend Management for the People



Ariba has joined the debate with an open letter to the US Administration



Ariba has long been the clear spend management leader for the private sector, helping organizations make the most out of every dollar (or yen or euro or pound…) they spend. Some facts include:



Most-Used Spend Management Software Suite - Over the past year, customers used Ariba to:

  • Source $340B across 450 categories
  • Enrich more than $240 billion of spending
  • Manage over $170B in spend transactions
  • Manage more than 2 million expense reports
  • Manage more than 3 million contracts
  • Generate over $30 billion in savings

Global Capabilities

  • 700 global consultants
  • 400 spend management experts
  • Four global service centers

Community

  • 168,000 transaction-enabled suppliers (>250,000 total suppliers)
  • 21.5M POs, $110B annually
  • 10M Invoices, $60B annually

>1,000 customers of all industries, sizes, geographies

  • Including more than half of the Fortune 100, including 18 of the F20

In the public sector, there have always been substantial barriers to the broad implementation of spend management and they haven’t gone away just because of a change in administrations.



Current practitioners understand this and know that the list of hurdles is long:

  • Tangled incentives
  • Complex regulations and guidelines
  • Bureaucracy and inefficient processes

However, the opportunity to effect change has never been greater
Core Components of a Solution >

Core Components of a Solution



Change agents in all governments have a unique opportunity to do something truly substantial. Doing so will require a comprehensive set of tools and knowledge whose core components include:

  • Knowledge of federal acquisition policies, procedures and regulations
  • Enabling technology to capture, organize, analyze and act on the immense amount of information used in acquisition processes
  • Templates to streamline RFP and contracting processes
  • Process and strategy expertise to accelerate results and knowledge transfer
  • Flexible resources to provide support needed to execute on initiatives
  • Commodity and market intelligence to know where to go when

Plan your Spend Management Journey >

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