Spend management    

Identify and manage unplanned spend across purchase categories.
spend by category
From tail to strategic spend.
Tail spend is typically made up of 20% of procurement spend with 80% of suppliers. These purchases can be infrequent but distracting to manage. Worse, they can be costly with little oversight into your buyers’ purchases.
Ad-hoc, rogue, or infrequent spot purchases, tail spend is many things, but it can and should be strategic. By gaining control of tail spend, you can turn an operational challenge into a strategic advantage for your business.
  • Manage more spend

    Make purchasing easier with a wide selection of products, fast shipping, and transparent guardrails.

                

  • Procure more responsibly

    Shift more spend towards local businesses, certified diverse sellers, and more sustainable products.

    Procure more responsibly

  • Unlock more savings

    Identify opportunities to buy in bulk by analyzing tail spend data and purchasing behavior.

    Unlock more savings

Features
Systems integration

Create a seamless buying experience. Connect your e-procurement systems to HAQM Business with Punch-in and Punchout.

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systems integration
Integrated Search

Let buyers search for products on HAQM Business from your current procurement system.

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Guided Buying

Direct buyers to organization-preferred products and sellers with transparent guardrails and approval workflows.ving your teams secure, one-click access to HAQM Business.

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Budget Management

Manage spend effectively by setting guardrails and spend limits for your buyers.

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Business Lists

Make buying easy by maintaining your list of frequently purchased items.

Delivery preferences

Streamline delivery by providing customized instructions and preferred delivery times.

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Spend insights

Uncover purchasing insights by visualizing your spend and comparing across categories.

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Customer stories

monro
Monro, Inc.

Discover how managing tail spend allowed Monro, Inc. to save time and gain insight into their procurement.

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nasdaq
Nasdaq

Learn how a long-standing relationship with HAQM Business helped Nasdaq to simplify their tail spend management.

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onedigital
OneDigital

Learn how managing tail spend led to enhanced spend control, supplier consolidation, and cost efficiencies.

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“HAQM Business has given the ability to actually track our spending and we are eager to see the cost savings.”

Jack McCarty, Senior VP of Sales and Marketing, Pacifica Senior Living

Pacifica Senior Living

Resources

Unlock procurement potential

Discover how taming tail spend can lead to significant cost savings and efficiency gains.

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Managing tail spend

Learn how government agencies can benefit from using HAQM Business for tail spend.

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More strategic tail spend

Learn how organizations of all sizes can manage tail spend more strategically with smart business buying tools.

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Start managing tail spend today

FAQs

  • HAQM Business helps organizations manage unplanned or rogue spend with innovative tools to set buying policies and approval workflows, and to gain visibility over spend across the organization.

  • Click Learn more for step-by-step instructions on how to add approval workflows to your buying policies.

  • HAQM Business provides your buyers and employees with access to a wide selection of products and a familiar shopping experience, all within predefined guidelines set by your organization.

  • A custom catalog on HAQM Business improves spend management by simplifying the search for organization-preferred products and helping buyers comply with your purchasing policies.

  • With spend analytics, you can view your organization’s spend over time and across product categories to identify opportunities to buy in bulk and save.

  • HAQM Business offers multiple payment options that allow you to track your organization’s spend.

  • You can access pre-built reports and custom dashboards on HAQM Business Analytics to view your spend data, identify saving opportunities, and make smarter buying decisions.

  • Yes, HAQM Business integrates with over 300 third-party software and business applications.

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