SAP Concur: Five Steps to Supercharge Organizational Purchasing Power

A SAP Concur blog post states that with tighter budgets, many organizations are examining purchasing to find savings. For organizations without a formal procurement department or full-time purchasing staff, employees who purchase as a small part of their jobs represent a big savings opportunity, but they may be unfamiliar with the purchasing program, supply chains, or supplier relationships, leading to unnecessary spending and rework. The post offers five steps: set clear purchasing policies, train the team, explain the 'why' behind policies, streamline with technology to centralize purchasing, and continually gather feedback to improve. It emphasizes that even small purchases can yield big…