Spend Management
Get complete control over all sources of spend data and save more with SAP solutions.
What Is Spend Management?
Spend management is a comprehensive approach to managing company purchasing and automating all spend-related activities. It ensures that the buying process is planned, and procurement and sourcing decisions are taken to increase your company profitability and efficiency.
Spend management allows you to get the most out of your company's expenses while reducing costs, mitigating financial risks, and improving supplier relationships.
Spending Processes We Streamline
Forecast and scheduling
Providing all required tools for management of delivery schedule and planning and real-time collaboration on demand and stock data.
Quality collaboration
Real-time collaboration with certified suppliers to resolve quality issues faster.
Product sourcing
Tools for sourcing and commodity management departments to establish high-value sourcing agreements.
Spend analysis
Complete visibility into your company’s expenses and suppliers to increase savings, mitigate risks, and improve compliance.
Supplier management
Supplier registration, qualification, and segmentation. Managing supplier relationships and lifecycle with real-time access to supplier information, including performance and risks.
Invoicing
Automation of your company’s invoice processing and flow of error notifications.
Sourcing
Significant savings due to comprehensive analyze-to-contract management that helps to mitigate supplier risks and make your sourcing decisions faster.
Contracts
Centralized storage for contracts and NDAs that allows you to get rid of paper documents and speed up contract cycles.
Operational procurement
Due to end-to-end integration between SAP systems, buying process automation helps monitor requisition-to-receipt process flow, define, validate, and enrich catalog content.
Intelligent Spend Management Solutions For Your Business Success
Use all the available SAP solutions to optimize your spending and increase the company’s efficiency.
Get your direct, indirect, and product sourcing under control, and manage contract cycles for cost optimization and savings. This solution stack offers all the tools for spend analysis, strategic sourcing, and supplier discovery.
- Tender procedures
- Registration of participant applications
- Assessment and comparison
- Analytical reporting
- Risk reduction by a finding better supplier
- Agreement on winner selection
- Contract signing
- Document approval flows

Spend Management Solutions
To launch efficient spend management, you should digitize your buying processes, including sourcing, contracting, purchasing, invoicing, etc. The next step is to integrate them within a single, cloud-based platform.
SAP Ariba

SAP S/4HANA

SAP Ariba Network

How LeverX Group Accelerates Your Success
LeverX Group is an SAP Ariba partner, and our team consists of certified SAP Ariba consultants. It doesn’t matter whether you need a separate Ariba module or solution package, we are ready to help you and join your project at any stage.
Consulting
Proof-of-Concepts
Implementation
Support
Write Your Success Story With LeverX Group