What exactly is meant by the term "budget" in procurement context?

The purchasing budget is the projected procurement volume for a certain purchasing category related to given planning periods.

Spend Control - Advanced Analytics, Transparency & KPIs

Spend Control 2021

Spend Control is a complete Procurement Controlling and Spend Management solution. It provides all functions, KPIs and measures needed for professional Spend Analysis.

With its standardized ERP interfaces you can connect the spend cube of Spend Control within a short time frame to any ERP system (e.g. SAP, Navision, Oracle etc.).

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Orpheus Glossary

Here you will find important terms related to spend management explained in a clear way. Small knowledge base for quick information or in full for your further education. This controlling glossary is constantly being expanded and improved.

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