"CFOs are getting smarter about this," says Aberdeen's Minahan. "As a result, the buying organization is taking a more holistic look at their supplier relationships." Gone are the days when buyers focused intently on reverse auctions to drive down the prices of goods. "Now," says Minihan, "CFOs are checking the P&Ls and asking, 'Where do those savings show up?'"
Connie Winkler writes about technology management from Seattle.
Reader CommentsDisplaying 3 of 3
Steven Sumner
Aug 11, 2009 4:58 AM ET
Forgot to say
The web address of the Compleat software guys in case you want to take a look is http://www.compleatsoftware.com I … more
Dan Cahill
May 20, 2009 11:08 AM ET
Spend Management and Visibility Have Come a Long Way
Connie, I would love to see CFO Magazine visit this topic again, as so much has advanced in the world of spend … more
Dan Cahill
Apr 8, 2009 5:12 PM ET
Spend Management Software
Good article. I would recommend anyone considering spend analysis or spend management software take a close look at … more
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