What does “good” spend management look like, and where do you start? This webinar introduces a four-stage framework: Reactive, Managed, Defined, and Proactive, helping you enhance governance, payments, and internal reviews.
In this short webinar you will:
Tune in now to discover where your business stands on the maturity curve, and chart your path toward smarter, more efficient spend management.
Join strategic business leaders from Computer Weekly and Soldo to learn more about effective business spending.
Learn more about spend management
Everything you need to know about spend management
Spend management is the strategic process of overseeing and optimising all business expenses, from procurement to payments. By consolidating these activities, organisations gain greater control and visibility over their outgoings.
Effective spend management helps minimise costs, improve compliance, and enhance financial transparency. It also enables more informed decision-making and reduces risks associated with uncontrolled spending.
Modern spend management platforms, such as Soldo, automate manual tasks, provide real-time tracking of expenses, and deliver actionable insights. This makes it easier to streamline processes, boost team productivity, and identify savings opportunities.
Common challenges include fragmented systems, lack of stakeholder buy-in, and limited visibility into spending patterns. Addressing these issues often requires clear policies, effective communication, and the right tools—like Soldo’s intuitive platform and educational resources.
Start by looking at cost savings, efficiency gains (e.g., faster approvals), and reduced error rates. Tools like Soldo’s ROI Calculator can help quantify these benefits, showing how a robust spend management approach contributes to your bottom line.
Soldo offers an end-to-end platform that streamlines spend management—from real-time expense tracking to robust analytics. By issuing prepaid cards and setting custom spend controls, you can empower your teams while maintaining accountability. Soldo also integrates seamlessly with existing workflows, making it easier to automate reporting, track ROI, and continuously improve your processes. Get started today with Soldo, and begin your journey to smoother spend management.