Spend Management Maturity Framework

Where does your business stand?

What does “good” spend management look like, and where do you start? This webinar introduces a four-stage framework: Reactive, Managed, Defined, and Proactive, helping you enhance governance, payments, and internal reviews.

In this short webinar you will:

  • Identify your current maturity level and see how it compares to industry standards.
  • Understand the path forward to build a more strategic, efficient, and proactive approach to spending.
  • Gain actionable insights for elevating your processes and driving continuous improvement.

Tune in now to discover where your business stands on the maturity curve, and chart your path toward smarter, more efficient spend management.

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Speakers

Join strategic business leaders from Computer Weekly and Soldo to learn more about effective business spending.

Brandon Till
Head of Business Solutions
Soldo
Bryan Glick
Editor in Chief
Computer Weekly

Spend Management Isn’t Just About Costs –
It’s a Strategic Advantage

A strong spend management framework goes beyond tracking expenses: it drives
better governance, minimises risk, and fosters sustainable growth. Discover how
to evolve your processes from Reactive to Proactive with our proven four-stage
maturity model.

Optimise Governance and Payments

Gain real-time visibility over company spend, tighten controls to reduce risk, and ensure every transaction aligns with your wider financial goals.

Empower Your Teams

Equip employees with intuitive tools and processes that streamline spending, accelerate approvals, and boost accountability across the organisation.

Enhance Agility and Growth

Leverage data-driven insights and proactive strategies to adapt quickly, stay ahead of changing market demands, and continually improve spend efficiency.

Frequently asked questions

Everything you need to know about spend management

What is spend management?

Spend management is the strategic process of overseeing and optimising all business expenses, from procurement to payments. By consolidating these activities, organisations gain greater control and visibility over their outgoings.

Why is spend management important?

Effective spend management helps minimise costs, improve compliance, and enhance financial transparency. It also enables more informed decision-making and reduces risks associated with uncontrolled spending.

How can technology improve spend management?

Modern spend management platforms, such as Soldo, automate manual tasks, provide real-time tracking of expenses, and deliver actionable insights. This makes it easier to streamline processes, boost team productivity, and identify savings opportunities.

What are the main challenges in implementing a spend management framework?

Common challenges include fragmented systems, lack of stakeholder buy-in, and limited visibility into spending patterns. Addressing these issues often requires clear policies, effective communication, and the right tools—like Soldo’s intuitive platform and educational resources.

How do I measure ROI on spend management?

Start by looking at cost savings, efficiency gains (e.g., faster approvals), and reduced error rates. Tools like Soldo’s ROI Calculator can help quantify these benefits, showing how a robust spend management approach contributes to your bottom line.

What makes Soldo a great choice for spend management?

Soldo offers an end-to-end platform that streamlines spend management—from real-time expense tracking to robust analytics. By issuing prepaid cards and setting custom spend controls, you can empower your teams while maintaining accountability. Soldo also integrates seamlessly with existing workflows, making it easier to automate reporting, track ROI, and continuously improve your processes. Get started today with Soldo, and begin your journey to smoother spend management.