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Spend under management: The procurement KPI you should be tracking at any stage.

Airbase

Traditionally, this meant largely unmanaged spending since companies were never sure how much was put on cards. As a result, they lacked real-time control over that spend. There are different definitions of spend under management. Classify and communicate the scope of unmanaged spend.

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Barclaycard On Everyday Spend Management And The Digital Shift

PYMNTS

The traditional office environment has since been flipped upside down, with more individuals than ever working remotely and no longer able to walk down a hallway to an accounting department. Parpou said she believes that digital spend management tools have the potential to become long-lasting.