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White Paper
- SPEND CONTROL for dummies - Pitfalls in selecting and implementing a solution
- by Touchstone Group
Published:January 2006- Format: Portable Document Format (.pdf)( 155.1 KB )
- Length: 72 pages
Overview
When it comes to expenditure most company Directors still occupy a reactive management role. They have no real means to tighten the corporate belt during tough times or even to avert financial disaster before it occurs. Yet the pressures to improve corporate governance are greater than ever before. Major corporate accounting scandals and the Sarbanes Oxley (SOX) directives are having a greater influence on the everyday lives of executives, with businesses coming under heavy scrutiny, having to justify expenditure and demonstrate control.
Perhaps it is because of these increasing pressures that a new wave of enterprise software is gaining popularity. More and more organisations are implementing Spend Control software to take control of expenditure, improve cost-base visibility and ensure that value for money is truly achieved.
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