Enterprise Spend Management
Transformative change to your agency’s spending approach
It’s no longer “business as usual” for federal procurement organizations. The past two decades have seen some sobering trends, including increased workload, decreased professional staff (in numbers and experience), dramatic changes in the rate and nature of personnel turnover, increased complexity in regulator guidance despite “reform,” and increased size, scale, cost, and impact of mission-critical acquisitions…A more efficient and effective federal contracting system is needed and nothing short of transformative change will now suffice.” From ASI’s Advisory on Enterprise Spend Management (request a copy at right).
We propose that enterprise spend management—a holistic approach to an organization’s spending by analyzing how and where money is spent, in order to streamline costs while focusing on meeting organizational goals— is the key to transforming federal acquisition into an efficient and effective function. This transformation can be achieved through specific focus on three critical components: people, processes, and technology.
To be clear: Enterprise spend management is not just about creating enterprise-wide contracts. It is bigger than strategic sourcing. In the words of our founding partner Chip Mather, ESM is about “transforming organizations from what has traditionally been viewed as a transaction-based, compliance-oriented, overhead function, to a true strategic asset delivering measurable value and savings to the agency.”
Transformative change is our passion. We thrive on opportunities to explore possibilities and execute a plan for strategic improvement. With shrinking budgets, we want to see the government get the most value for every dollar it spends. We will work with your organization to plan and execute an effective spend management construct within your agency.
Enterprise spend management builds on a foundation that includes spend analysis to take the planning, execution, and management of spend to the enterprise level. ESM takes a holistic approach to an organization’s spending by analyzing how and where money is spent, to streamline costs while focusing on meeting organizational goals.
Contact us to receive a copy of our Advisory on Enterprise Spend Management