Explanation of the expenditure management function of procurement and purchasing cloud services.
Procurement and Purchasing Management System! Introducing the benefits of utilizing expenditure management functions.
Business Spend Management (BSM) refers to the management technique for "corporate expenditure management," as the name suggests. With the recent trends in promoting digital transformation (DX), optimizing expenditures (cost reduction), and revising internal control standards, more companies are advancing the DX of expenditure management operations such as procurement and purchasing systems. This article will focus specifically on the expenditure management functions of procurement and purchasing management, explaining their mechanisms and benefits. *For detailed content of the column, please refer to the related links. For more information, feel free to contact us.*
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Our company started in 1998 as an internal venture of NTT Data Corporation. In 2000, we became an independent specialized company, targeting the expanding market for web system development. We focus on developing and selling packages that provide a web system construction platform, which can be built quickly and at low cost by combining a range of components such as workflows, as well as easily customizable business application products.