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Subscribe to our newsletter to stay informed.",[1894,1895],"08873884-f99d-46d2-9481-0563134fdd37","2ef12409-8f14-46b2-a8d0-0175290269ec",[1897],{"cta":1898,"_uid":1899,"items":1900,"heading":2028,"reverse":29,"component":346,"sectionSettings":2049},[],"1320905c-cdee-41a4-bbec-6d93ca2e4e3f",[1901,1971],{"_uid":1902,"title":1903,"component":294,"description":1904},"dfc0accd-ab64-464a-8597-b76754748f04","What is spend management?",{"type":49,"content":1905},[1906,1910],{"type":52,"content":1907},[1908],{"text":1909,"type":56},"Business spending includes different types of spend:",{"type":1911,"attrs":1912,"content":1915},"ordered_list",{"order":1913},{"order":1914},1,[1916,1928,1939],{"type":1917,"content":1918},"list_item",[1919],{"type":52,"content":1920},[1921,1925,1927],{"text":1922,"type":56,"marks":1923},"Strategic",[1924],{"type":100},{"text":1926,"type":56}," spend is usually centralized and managed by C-level executives with dedicated spenders. 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