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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

Such systems may have gained popularity during the pandemic, yet according to Maria Parpou , Barclaycard ’s chief product officer, these innovations are poised to outlast the public health crisis that made them necessary. Parpou said she believes that digital spend management tools have the potential to become long-lasting.