Tail Spend Management Software

Take Control of Your Expenditures

Tail Spend Management Software

Keep Your SAS Deployments on Track

On Average, Companies Realize 7% Savings by Managing Their Tail Spend*

You’ve heard of the 80/20 rule, where 80 percent of your spending comes from 20 percent of your suppliers. But,when it comes to tail spend,20 percent means something a little different. About 10-20 percent of your purchases aren’t recorded. For tail spend, it’s typically one-off costs that don’t have a policy in place to purchase. But, you need to keep track of every dollar spent so you can monitor your revenue and gain visibility into your spending.

LSInextgen implements tail spend management software to track your 10-20 percent expenses and help you see which suppliers you should be spending time on. Fully manage your purchases and keep track of previously unrecorded expenditures – so you can reinvest in your business. We’ll work with you to create a plan for prioritizing problem areas and help you set realistic budgets that will get you to your goals.

*The Hackett Group

Benefits

of Tail Spend Management Software

Gain Visibility

Tail spend gives you an overview of your expenditures and helps you keep track of your unrecorded purchases.

Improve Accuracy

Leverage management software to know exactly what you’re spending, exactly where you’re spending it – so you never buy more than you need.

Regain Control

Satisfy the needs of your accounting team by taking back control of your supply purchases and eliminating gaps in your financial records.

Gain Visibility

Tail spend gives you an overview of your expenditures and helps you keep track of your unrecorded purchases.

Improve Accuracy

Leverage management software to know exactly what you’re spending, exactly where you’re spending it – so you never buy more than you need.

Regain Control

Satisfy the needs of your accounting team by taking back control of your supply purchases and eliminating gaps in your financial records.

You don’t know what you don’t know. We’ll give you visibility and help you realize savings.

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