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Glossary > Tail Spend
Tail Spend
Tail Spend is the term used to describe purchases made outside of regular procurement.
The problem with tail spend is that it’s usually not accounted for in any way – so you have no idea how much you spend on it each year, and no way to track it back if needed.
Many companies today are using SaaS solutions to help manage tail spend and reduce it significantly by automating processes and improving visibility into spending.
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Similar Terms:
B2B SaaS
SaaS Billing
Software as a service (SaaS)
XaaS (Everything as a Service)
Ready to learn more about CloudBlue?
CloudBlue is a powerful XaaS platform that will help you grow revenue. Here are some resources for more information:
Subscription and Billing Management
Our flexible subscription and billing solution can handle the most complex XaaS business models – and scale recurring revenue.
Partner and Channel Management
Cut through complexity and see more revenue from your channel business as you easily onboard and enable resellers across the globe – at scale.
Vendor and Product Information Management
Centralize all of your vendor and supplier contracts and streamlined product information on one platform.
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