Spend Management

A just-released study from the Economist Impact based on insights from over 2,000 C-suite executives across 20+ countries, reveals how procurement is emerging as a strategic force in the face of today’s overlapping crises. The research uncovers themes and priorities on leaders’ minds like risk, cost-savings, AI, digital transformation, workforce evolution and more. Dive into the key findings and see how procurement is being leveraged to drive resilience and business success in a rapidly changing world.

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Download the Economist Impact Study 202

Supplier management is a dynamic process that involves various stages and milestones throughout the procurement lifecycle. We are eager to learn how your organization handles supplier management, whether you use SAP applications or third-party tools for supplier lifecycle, performance, and risk management.

Your insights on supplier onboarding, due diligence, monitoring, and risk categories are invaluable in helping us assess our current capabilities. We would greatly appreciate three minutes of your time to complete this brief survey.

Click here to take the survey

Join us as we explore transformation at the SAP Innovation Awards, where cutting-edge technologies empower organizations to excel. As a leader in the Business Network Innovator category, Air India embarked on a transformative journey in financial technology.

With the strategic migration to SAP S/4HANA Cloud and integration of SAP Ariba, including SAP Ariba Category Management, the airline achieved remarkable enhancements in system performance and streamlined procurement processes.

These innovations facilitated seamless integration of data and financial systems post-merger, creating a unified and agile platform for the newly expanded airline.

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We are thrilled to announce the launch of three new curriculums as part of our latest educational program, SAP Spend Savvy 2025, tailored just for you. These courses, reserved for SAP customers only, offer a perfect mix of external expertise, trends and solutions-focused insights, allowing you to earn a prestigious badge to showcase your new skills. Connect with peers and procurement professionals across the globe virtually, invest in yourself with just 1.5-2 hours per month, and grow your knowledge and connections with direct access to subject matter experts.  The resonance has been fantastic, and we don’t want you to miss out on this transformative opportunity.

As your trusted innovative partner, we are dedicated to elevating your success, assisting growth-minded individuals in navigating areas such as Procurement & AI evolution, Digital Transformation, and Stakeholder Management.

Start your own journey

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In an era of rapid technologies advancement and increasing complexity, the manufacturing industry faces unprecedented challenges. Companies worldwide must adapt to market changes while maintaining highly cost-efficient and productive supply chains.

To thrive in this dynamic landscape, business need innovation strategies and technologies that go beyond isolated efficiency gains.

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Missed our live webinar? No problem! Dive into the insightful conversation now available on demand. Explore the future of AI-driven procurement with subject matter experts as they share valuable insights, diverse perspectives, and key aspects shaping the field. Don't miss this opportunity to learn about the impact of AI on procurement and practical strategies for leveraging chatbots and strategic copilots.

Join experts from Spend Matters and SAP to elevate your procurement knowledge.

Access the on-demand resource:

From Chatbot Assistants to Strategic Copilots and Agents: Advancing Your Procurement Strategy with AI

Imagine gaining a crystal-clear view of your entire enterprise spend landscape, powered by AI. Picture uncovering hidden risks in your supply chain—from over-reliance on a single supplier to geopolitical instabilities—and discovering how optimizing suppliers could yield better pricing and terms. Envision a unified hub where your spend data is seamlessly gathered, enriched, and harmonized. 

Dive into this blog to explore the transformative benefits of SAP Spend Control Tower. Learn how it focuses on actionable insights, empowering CPOs and CFOs to revolutionize decision-making with unparalleled visibility and analytics.

Read the 3-blog series Part I

From there, explore how SAP Ariba Category Management revolutionizes procurement planning through AI-powered strategies and seamless collaboration, driving sustainable value creation.

Read the 3-blog series Part II