In this episode, Dawn Tiura of SIG and Matt Kruse of ProcureAbility explore the often-overlooked concept of tail spend in procurement—discussing its impact, inherent challenges, and the best practices for managing it effectively. They dive into the risks tied to unmanaged tail spend, emphasizing the crucial role of data visibility and analysis in addressing these issues. By sharing real-world examples, they illustrate how successful tail spend management can drive cost savings and reduce procurement risks. The conversation highlights the importance of a strategic, collaborative, and continuously monitored approach to optimize procurement and unlock hidden value.

In this podcast episode, Dawn Tiura of SIG interviews Thejo Kote of Airbase. Airbase provides a secure-to-pay solution that combines enterprise-grade power with a user-friendly interface while addressing the inefficiencies in accounting and finance processes for small to mid-sized companies. Airbase aims to transform and streamline the procure-to-pay process, ensuring smarter spending and better compliance. The solution differs from traditional enterprise options by offering agility, a lower price point, and easier implementation. It integrates procurement workflows with expense management and accounts payable automation, providing a comprehensive view of spending and improving efficiency. A well-run procurement process can have a significant impact on a company's success by optimizing spending decisions and driving profitability.

In this podcast episode, Dawn Tiura of SIG and Joey Lombardi of Evernorth preview his upcoming 2024 GES session, “Conquering Software Catalogs: Unlocking Cost and Time Savings.” They discuss his expertise in software catalogs and the evolution of Evernorth. They explore the benefits of implementing software catalogs for governance and supplier relationships, as well as the complexities of navigating contracts in technology procurement. To hear more, join us on Tuesday, October 8th at 3:15pm at the Omni Rancho Las Palmas Resort and Spa in Palm Springs, CA.