Tag: inflation

10
Aug

Combat Inflation by Managing Indirect Spend

What is Indirect Spend, and why is controlling it essential? Well, it’s all about protecting your profit. Accounting for up to 30% of your organization’s total expenses, Indirect Spend describes the purchasing of goods and services that contribute to the organization’s day-to-day operations. Therefore, it should always be top-of-mind for CEOs, CFOs, department leaders, and finance teams. With policies and
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