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Subscribe to our newsletter to stay informed.",[86,1642],"2ef12409-8f14-46b2-a8d0-0175290269ec",[1644],{"cta":1645,"_uid":1646,"items":1647,"heading":1776,"reverse":29,"component":1797,"sectionSettings":1798},[],"1320905c-cdee-41a4-bbec-6d93ca2e4e3f",[1648,1719],{"_uid":1649,"title":1650,"component":1651,"description":1652},"dfc0accd-ab64-464a-8597-b76754748f04","What is spend management?","faqItem",{"type":49,"content":1653},[1654,1658],{"type":52,"content":1655},[1656],{"text":1657,"type":56},"Business spending includes different types of spend:",{"type":1659,"attrs":1660,"content":1664},"ordered_list",{"order":1661,"key":1663},{"order":1662},1,"ol-0",[1665,1676,1687],{"type":138,"content":1666},[1667],{"type":52,"content":1668},[1669,1673,1675],{"text":1670,"type":56,"marks":1671},"Strategic",[1672],{"type":118},{"text":1674,"type":56}," spend is usually centralized and managed by C-level executives with dedicated spenders. 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