Since most of us have lived through the hype of B2B portals, e-procurement, supplier portals, supplier relationship management and now spend management, our gut response to technology innovation is, "Well, that's great in theory, but how does it add sustainable value in the real world?"

Since the end of 2000, CFOs and CIOs have found that comprehensive spend management frameworks - ones that support all types of suppliers and business-to-business integration - do add create sustainable value. Spend management is no longer viewed as a mere tactical problem. And vendor selection also has evolved from a departmental to an enterprise decision.

Many companies are restructuring their purchasing function in reaction to new demands from customers and a changing business landscape. This section of the services portal will describe the current trends in e-procurement, survey the benefits and downsides of paper-based versus e-procurement organizations, and study how several companies have digitized purchasing functions to fit their business needs.

Featured Research

		Evolution of Spend Management
		Defining Spend Management and Supplier Relationship Management (SRM)
		What Is a Spend Management Blueprint?
		Best Practice in Spend Management: MSX International
		Spend Management - Frequently Asked Questions