How can I measure a company's compliance?
The English term “compliance” refers to legal compliance and indicates the adherence to given rules and guidelines. Compliance regulations vary in each company. Typical compliance indicators relevant to purchasing are, e.g.
- the maverick buying rate,
- the use of framework agreements
- or the use of given payment terms compliant to the rules.
With its standardized ERP interfaces you can connect the spend cube of SpendControl within a short time frame to any ERP system (e.g. SAP, Navision, Oracle etc.).
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