What is maverick spend and how to reduce it?

Maverick spend is the action of purchasing from suppliers outside pre-established procurement policy. Maverick spend can be defined as off-contract spend or buying from non-preferred suppliers.  Across all types of organizations, there is a wide range...

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Jasmiina Toikka

Head of Content at Sievo

Procurement, Spend Analysis

What is maverick spend and how to reduce it?

Maverick spend is the action of purchasing from suppliers outside pre-established procurement policy. Maverick spend can be defined as off-contract spend or buying from non-preferred suppliers. ...

Jasmiina Toikka

Head of Content at Sievo

Spend Analysis, Procurement explained

What is procurement analytics? | Procurement Explained

Procurement analytics is the process of using quantitative and analytical methods to derive actionable insights from procurement data to improve operational performance and deliver value. Is...

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