- Title
-
Tail Spend Unlocked: Insights for Procurement Leaders
- Section
- Video
- Summary
In this expert Q&A video series, Efficio experts Thomas Karger and Peter Davison explore how organisations are transforming their approach to tail spend management through smarter processes, automation, orchestration tools, marketplaces, and user-centric procurement experiences.
Tail spend remains one of procurement’s biggest untapped opportunities: often fragmented, difficult to influence, and hidden behind inefficient buying processes. Yet it can represent 20-30% of an organisation’s third-party spend.
Across this video series, we examine how leading procurement teams are moving beyond manual, fragmented approaches to tail spend procurement and creating scalable operating models that improve visibility, increase compliance, reduce process noise, and unlock measurable business value.
Whether you are building a new tail spend management strategy or evolving an existing operating model, this series provides practical insights into how organisations are approaching tail spend management in procurement today.
Across the series, you will discover how leading organisations are:
- Improving spend visibility and procurement control
- Reducing inefficiencies and manual procurement activity
- Creating faster, simpler buying experiences for employees
- Increasing compliance through embedded controls and automation
- Leveraging orchestration tools and marketplaces effectively
- Segmenting spend to apply the right procurement strategies
- Driving continuous improvement across procurement operations
- Unlocking value from previously unmanaged tail spend