How to Take Control of Off-Contract Purchases

Off-contract spend is a growing challenge for businesses, with limited visibility, negotiated contracts going underused, a growing number of suppliers and spending fragmented across teams.

But these purchases aren’t always the result of employees choosing to bypass procurement processes. They can often be driven by overly complex processes, unsuitable tools or a lack of support and guidance for employees.

In this webinar, we’ll explore how to identify off-contract spend, understand what’s driving it and put practical measures in place to improve control and policy adherence.

The goal: take back control of procurement, simplify the experience for your teams and optimise business spend over the long term.

1. Identify off-contract spend

Spot fragmented purchasing, non-preferred suppliers and spending outside negotiated contracts.

2. Understand what’s driving off-contract spend

Explore the main causes, from overly complex processes and limited visibility to local purchasing habits and a lack of simple alternatives.

3. Improve policy adherence without adding complexity

Put clear guidelines, appropriate approval workflows and a seamless purchasing experience in place to encourage adoption.

4. Take back control and optimise spend

Centralise purchasing, strengthen supplier management and use data to reduce costs and make more informed decisions.