Businesses today are requiring departments to control spending, cut costs and drive efficiencies in order to stay ahead of their competition.  Executives are not always in control of external economic events, but they can control their internal spend.  Businesses that control their spending can minimize revenue losses in a weak market and maximize revenue in a strong market by controlling expenses.   With a combination of software and services we will help you improve the performance and compliance of your spend management initiatives.

TakeCharge Visibility

Spending money blindly is no way to run your business.  Corporations that have visibility into spending practices across their organization will be able to analyze the information and understand where they can cut costs out of their spending practices.  Employees can look at spending practices across expense categories, vendor categories, business units, and locale for a complete picture of how money is being spent today.

TakeCharge Performance

Are you working to implement an end-to-end spend management process to drive costs out of your business?  Flexible organizations have the power of information in their hands and can drive contract negotiations with suppliers for better discounts.  TakeCharge spend management solutions allow you to browse and understand what supplier can provide the right solution to a particular problem.  Your organization can implement workflow based on your business model, implement contract controls through the purchasing process, reconcile purchases and expenses and integrate the entire process electronically.  Performance is driven by streamlining your enterprise spend processes.  You can accomplish this by reducing manual process steps and eliminating duplicate entries into multiple software packages. 

TakeCharge Compliance

Control starts with process and ends with compliance.  Do your employees have the proper authority and approvals before they make a purchase or reconcile a purchase?  Do you have separation of duties built into your process?  Can you provide auditors real time and historical reports on the accuracy of your process and the checks and balances you have put in place to ensure compliance?  TakeCharge enterprise spend management solutions help you to control compliance for your procure-to-pay process to reduce errors, lower fraud, and drive unnecessary costs out of your business.