# Spend Management

**IRI:** https://folio.openlegalstandard.org/RBXUc6YCuUilVK4rdtFxHOa

## Labels

## Definition

Spend Management refers to the process of controlling and optimizing the expenses incurred by an organization, typically through the use of technology and data analysis.

## Sub Class Of

- https://folio.openlegalstandard.org/R9QcJpEJ19eAN8glCzxd4Wo

**Deprecated:** False