Spend Control · •Spend Control & Spend Management ... •Tail Spend •Self-Service ... PowerPoint Presentation Author: Simon Dadswell Created Date:

Spend Control

‘Jargon Buster’

Simon Dadswell, Group Marketing Director, PROACTIS

Simon Lipscomb, EMEA Sales Director, PROACTIS

Agenda

• Introduction

• Spend Control ‘Jargon Buster’• Different terms that mean the same thing

• Different meanings of the same term depending on who is using them

• Really new emerging terms that are confusing everyone

• Other interesting terms

• About PROACTIS

Spend Control ‘Jargon Buster’

• Different terms that mean the same thing:• Spend Control & Spend Management

• eProcurement & Purchase-to-Pay (P2P)

• Strategic Sourcing & Source-to-Contract

• Cloud & Internet

• Supplier On-boarding & Supplier Enablement

Spend Control ‘Jargon Buster’

Different meanings of the same term depending on who is using them, e.g.:

• Spend Under Management• Total spend (true total vs. total addressable)

• Savings (opportunities created vs. actual realised)

• Supplier Network

• AP Automation (invoice capture, einvoicing etc.)

• Compliance (approval policy, supplier usage, regulatory

Spend Control ‘Jargon Buster’

Spend Control ‘Jargon Buster’

• Really new emerging terms that are confusing everyone• End-to-End eProcurement (a.k.a Closed-Loop eProcurement)

• Dynamic Purchasing Systems

• Supplier Information Management (Master Data Management)

• Supply Chain Financing, Dynamic Discounting, Accelerated Payments

• User Experience (vs. User Interface)

Spend Control ‘Jargon Buster’

• Other interesting terms• User Adoption

• Punchout

• Tolerance

• Transformation

• Tail Spend

• Self-Service

• Supplier Engagement

• Supplier Risk Management

PROACTIS Overview

• Global Spend Control & eProcurement solution provider

• Technology-led tools & services for procurement & financial professionals

• Solutions that deliver bottom-line value• Monetary savings

• Improved operations & efficiencies

• Governance & risk mitigation

• 800 customers• c. 2m users

• 90+ countries

• c. 1m suppliers relationships

Our sessions

• The State of Spend Control & eProcurement Automation – 2016 Survey Results & Insights

• 10.20-10.50 Mountbatten Room

• Procurement Strategy & Action Plan – From Quick Wins to Long-Term Savings Opportunities

• 11.05-11.35 Mountbatten Room

Other resources available at proactis.com

Simon Dadswellt: +44 (0)1937 545 070

e: [email protected]