As a concerned taxpayer, DC area resident, and Spend Management professional, it’s difficult for me to not look at the just-passed federal stimulus package (and other programs) first and foremost as the biggest Spend Management challenges in history. Whether or not you agree with the plan, everyone must admit that “managing this spend” will [...]

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In procurement, we often hear of efforts to eliminate rogue or maverick spend by employees who simply won’t budge on their purchasing processes. There are obvious problems with these purchasing rogues, including the failure to leverage purchasing power, little oversight, poor tracking, and labor intensive paper trail to process expenses. And with large dollar estimates [...]

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On the day the stock market lost a record $1.2 trillion in value, another trading exchange saw values of its stocks rise nearly 65%. A factor that could have implications for your company’s spend management and operating plans.
Under the Regional Greenhouse Gas Initiative (RGGI), a group of fossil-fuel burning power plants in 10 Northeastern states [...]

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