Business Spend Management


Glossary

What is Business Spend Management?

Business spend management (BSM) integrates technology and strategic approaches to capture the entire spectrum of activities before, during, and after the direct expenditure of funds in business operations. From sourcing events and contract negotiations to creating purchase orders, processing invoices, and managing various spend, cash, liquidity, and supplier-related activities

Learn more about Ivalua’s Spend Analysis Solutions.

Related terms

Unify sourcing, purchasing, invoicing, and payments on one platform.