Better Buying: Business
Traditional spend management efforts typically target the core 20% of “direct spend”. But significant savings and efficiencies can easily be gained by targeting the indirect spend at the end of the corporate supply chain—simple goods and services we call: Third Spend.
Most organizations do not actively manage their Third Spend due to the lack of efficient solutions and resources—and in some cases, this adds up to $millions.
FedBid is designed to compliment your current spend management efforts as a no risk, instantly-implementable Third Spend solution—delivering double-digit savings while reducing time and administrative costs.
With just a few clicks, FedBid powers Buyers from CFOs through purchasing professionals to take control of their company’s Third Spend by:
- Optimizing spend
- Boosting efficiency
- Maximizing Seller diversity
- Producing detailed procurement documentation
- Enabling agility and mitigate risk
- Fueling growth
There’s no commitment. No set-up or software. No upfront fees.
No big ramp-up or training. No risk.
See what members of FedBid's Buyer community have to say about FedBid.