What is Savings Management?
The term “savings management” is used in international companies in supplementation to the term “Spend Management”.
We want to emphasize that management does not focus solely on procurement volumes, including pricing and quantities, but savings in the sense of Cost Avoidance and Cost Reduction as well.
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.).
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.
Read blog articles about spend management, initiative management and data management in procurement, or other articles from our experts.