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5 Key Benefits of Automating Tail Spend Management
Introduction: The Overlooked Power of Tail Spend Automation Tail spend—the small, often overlooked purchases that make up around 20% of total spend—might seem insignificant, but it can drain up significant amount of procurement resources. Managing tail spend manually often results in wasted time, lost savings, and missed compliance checks, creating a costly “hidden money pit”. […]
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