DCPA2407. Spend Management: An Approachable Advisory Opportunity

Spend management services are a high-return, low-hurdle opportunity for firms. Why? Compared to other service areas, which require your staff to have a deep level of expertise, spend management offers a relatively easy pathway to higher-value advisory. In this panel session, we’ll dive into how spend management is the next phase of expense management and can help solve potential issues with cash flow management, month-end processing, financial forecasting, as well as support your clients in making informed business decisions quicker. Join us to learn how to get started and how to communicate this opportunity to your clients.

Learning Objectives:

• Recognize the best practices for client communication strategies.
• Distinguish between expense and spend management while applying both services.
• Identify different levels of the CAS maturity model and other elements for your firm's growth.