Spend Management

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Spend Management

• FAG13 Byron Guptill, John Coutts, Clement Anson

2
Whats Ahead

• What is spend management?
• The problem
• Is there an IS solution?
• Methods of control
• Our Vision
• Our recommendation

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What is spend management?

• The way a company controls and optimizes the
  money it spends
• Spend on direct, indirect inputs or services
• Boost company performance
• Earnings per share
• Market value

4
Spend Management saves Money

• Decrease in maverick spending
• Increase of spend economies of scale
• Increase process efficiencies
• Increase procurement efficiency

5
Spend Management a necessity?

• Competitive market
• Need to improve market value
• Many large companies implement spend management
  to remain competitive

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Is there an IS solution?

• YES! Easy to implement company wide
• Ariba Buyer
• Ariba
• ProcureIT
• Verian

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Spend Management Technology

• Who is spending money
• What is being purchased
• What prices are being paid
• Which vendors are being used

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Rating Criteria
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Estimated Expenses
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Projected Savings FY06
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Recuperated Revenue
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Our Recommendation

• petPRO will perform with ProcureIT
• Spend management long term strategy
• More efficient
• More attractive to investors