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 Every Step of Source-to-Pay
Connect sourcing, contracting, purchasing, and payments in one S2P platform.



